Investment

SCHEMES are not using matching or hedging strategies to reduce liability risk, Pension Protection Fund research reveals.

FIDELITY International has reported a record year for UK defined contribution business wins.

HENDERSON Global Investors has launched a pan-European active engagement fund in a bid to target institutional investors.

SCHRODERS has reported an increase in pre-tax profit of 35pc to £392.5m driven by growth in its asset management division.

TRUSTEES should ensure scheme wind-ups or PPF assessments are completed within no more than two years, says a joint consultation paper published today.

In January 2008, Global Pensions launched the inaugural New York Transition Management Forum New York. It was attended by pension fund managers, asset controllers and industry professionals from all over the US. Reporting by Elizabeth Pfeuti

THE number of the UK's biggest schemes selecting private equity, real estate and hedge fund managers reached record levels last year, Watson Wyatt data reveals.

STATE Street Global Advisors is set to launch a range of diversified growth strategies in a bid to provide a default option for defined contribution schemes.

AVIVA is set to combine its asset management businesses into one globally integrated firm - Aviva Investors - from September.

ASHMORE GROUP has unveiled interim results for the last six months of 2007 - revealing a 68pc increase in profit before tax.