Investment

Water is increasingly coming into investors' sights as despite its scarcity the potential for growth is vast, as Sebastian Cheek reports

Giovanni Legorano explores the outlook for the ABS market, and the need for pension funds to take a long-term view while retaining an awareness of the short-term volatility of the market

UK - The £2.4bn (US$3.9bn) Lothian Pension Fund is set to implement a revised investment strategy after losing 17% over the fiscal year to March 31.

SWEDEN - Swedish pension fund AP3 reported returns of 5.3% before expenses in the six months ended June 30.

The ousting of EMI trustee chairman Ian Smellie after a disagreement with the sponsor highlights a fundamental flaw in pension scheme governance, Trustee GAAPS claims.

Devon County Council Pension Fund has appointed Aberdeen Asset Management to manage a £100m global emerging markets equities mandate.

JAPAN - The country's Government Pension Investment Fund (GPIF) returned 3.89% in the quarter ending June 30, it's first positive quarter since the same time last year.

DENMARK - The Danish pension fund ATP has reduced its total CO2 emissions output by 7.4% or 202 tons from 2007 to 2008, according to its first climate report.

Potential loss of means-tested benefits for 5% of personal accounts savers is "unacceptable" but must not overshadow the positive aspects of auto-enrolment, B&CE Benefit Schemes says.

Confederation of British Industry head of pensions Neil Carberry gives the employers' perspective on deregulation and reform following PP's exclusive interview with pensions minister Angela Eagle