Global

GLOBAL - BlueBay Asset Management, the specialist fixed income credit manager, has opened its New York office, Global Pensions has learnt.

GLOBAL - The market concentration of dominant pension funds, combined with the "myopic" activities of delegated portfolio managers fuels the risk of herding behaviour, the European Central Bank (ECB) has claimed.

GLOBAL - The Goldman Sachs-led consortium bidding for the British Airports Authority (BAA), which includes two Canadian pension fund giants, could signify the start of a global trend in which investment banks seek to form infrastructure tie-ups with pension...

GLOBAL - Fidelity International has lost its head of institutional fixed income and business development for Europe, Achim Gloger, after he joined Abbey last week.

GLOBAL - Atlantis Investment Management founder and chief executive Peter Irving has been killed in a boating accident, the company announced yesterday.

GLOBAL - More than one in six manager searches globally relate to alternative mandates, according to Mercer Investment Consulting (Mercer IC).

GLOBAL - The £2bn Leicestershire County Council Pension Fund has appointed three new currency briefs together worth £1.36bn, and a £270m global equity mandate.

GLOBAL - The asset management arm of Credit Suisse has reported net revenue growth of 23% in the first quarter compared to the same period in 2005.

GLOBAL - Pension funds put off by the fees involved in exchange traded funds (ETFs) can earn lending revenues to offset the cost, the London Stock Exchange has advised.

GLOBAL - Pension schemes with over US$2trn in assets under management have entered into an agreement to place key environmental social and governance standards (ESG) at the heart of their investment strategy.