Global

Alternatives specialists Man Investment Products (Man) is to step up its alternative investment business in the US.

Global multi-manager specialists SEI Investments has been appointed bundled provider to the $28m defined contribution (DC) scheme for the Nabholz Construction Company, Arkansas.

William M Mercer has expanded its global presence through the acquisition of Constantia Neuberger Bednar & Partner BesmbH (CNB), an Austrian firm specialising in employee benefit and retirement consulting services.

The UK's Occupational Pensions Regulatory Authority (OPRA) has published an information link on its website to explain stakeholder pensions.

Head of institutional business at Edinburgh Fund Managers (EFM), Jackie Noble, has left her post after 18 months in it for family reasons. EFM's overall head of institutional business development, Carole Haddow, will take over Noble's responsibilities...

The $152bn California Public Employees Pension Fund (CalPERS) has invited seven investment managers to receive on-site visits as a prelude to awarding emerging market assignments totalling $1.8bn later this year.

Global alternatives specialist The Auda Group, has been appointed sole provider of US investment advisory services for international manager Franklin Templeton Investments.

Financial services firm Man Group, has appointed Sally Cady to the new position of group public relations manager.

Despite themselves being optimistic in the face of stockmarket volatility fund managers are unable to allay the fears of pension fund trustees, according to a joint survey by PricewaterhouseCoopers and the CBI.

Hanover Capital Mortgage Holdings - a New York-based mortgage REIT - has launched a closed-end investment fund dealing in sub-performing and non-performing mortgage loans.