Investment

PENSION funds with large European holdings are poised to receive strong returns in 2007 as economic recovery picks up, fund managers say.

SHAREHOLDERS in Putnam Investments have approved the sale of the asset manager to Great West Lifeco.

LYXOR Asset Management has entered the UK marketplace with the launch of three exchange-traded funds based on FTSE indices.

JPMORGAN Asset Management won 27 UK pension scheme mandates in the first quarter of 2007, the company says.

INVESTMENT in ethical funds by schemes and other investors has surpassed £5bn for the first time, latest figures by the Investment Management Association reveal.

FIDELTY International is launching a new member communications programme to help companies boost take-up of defined contribution pension schemes.

EMPLOYERS offering staff group personal pensions should consider setting up trustee board-style committees to oversee them, Truestone Asset Management believes.

FIDELTY International is launching a new member communications programme to help companies boost take-up of defined contribution pension schemes.

SCHEMES investing in Russia should look beyond the traditional oil and gas sector, Baring Asset Management says.

INVESTMENT management firms are vying to build a presence in the Asia Pacific property market to meet scheme demand for global diversification.