Investment

ALMOST two thirds of UK equity managers failed to beat their outperformance targets during the past three years, new research reveals.

INVESTORS are poised to put more cash into "soft" commodities as the commodity cycle turns and demand for biofuels soars, Baring Asset Management believes.

THE NEW director of the £3.6bn London Pensions Fund Authority Vanessa James has outlined her key priorities for the remainder of 2007.

A short-term bond issue by Société Générale gives investors exposure to the 25 largest private equity companies.

SCHEMES would have seen better performance if they had held a proportion of assets in commercial property over the past 20 years, new research shows.

BNP PARIBAS Asset Management is set to merge its traditional investment management and its indexed & structured investment management teams.

COMMERZBANK has sold Jupiter Asset Management to a consortium of senior staff and private equity firm TA Associates for £740m.

SCHRODERS has launched a "third generation" liability-driven investment product that combines liability-matching strategies and high-growth assets.

THE PENSION Protection Fund has appointed five fund managers to help increase its assets to £5bn over the next two years.

DEFINED contribution schemes are increasingly using ethical funds as default options, F&C Asset Management claims.