United Kingdom

UK - UK trustees are "paralysed" in the face of solvency challenges posed by falling real yields, while their Dutch counterparts forge ahead with LDI solutions, F&C said in a statement today.

UK - Further clarification of the precise role the Pensions Regulator will play regarding the funding of defined benefits is crucial for business, the Institute of Directors (IoD) has said.

UK - UNISON General Secretary Dave Prentis has slated Government pensions adviser Douglas Anderson's statements on the cost of public sector pensions as "propagandist" and "wildly misleading".

UK - The Alternative Investment Management Association (AIMA) has welcomed the Financial Services Authority's (FSA) comments on the hedge fund industry in its annual Financial Risk Outlook paper.

UK - Total assets under management at F&C Asset Management rose to £131bn (e190.7bn) by end December 2005, from £129.4bn (e190.1bn) at 30 September 2005.

UK - Hermes Investment Management has rejected an indictment issued by the Korean prosecutor accusing the asset manager of unfairly profiting to the sum of Won7.3bn (e6.2m / £4.2m / $7.5m) following comments made to the press by former fund manager Robert...

UK - The UK inflation swap market has grown four fold over the past 12 months as pension schemes rush to harness their liabilities through risk management tools, a new survey has found.

UK - A National Association of Pension Funds (NAPF) initiative to raise awareness on pensions has received backing from government and will kick off later this year.

UK - JPMorgan Asset Management (JPMAM) has announced the appointment of John Donohue as Chief Investment Officer (CIO) of the London-based fixed income group and Dominic Powell, as head of Collateralised Debt Obligation product team.

UK - £66.5bn Henderson Global Investors was awarded a global enhanced index equity mandate by trustees of the Smith & Nephew UK Pension Fund worth £120m. The assets will be invested via funds covering the UK, Asia Pacific, Japan, Europe and North American...