Global

Market losses wiped more than £21bn off UK occupational pension fund assets last year, new research by Phillips & Drew reveals.

Stockholm-based Carlson Investment Management (CIM) has been awarded three balanced mandates totalling SKr328m (EUR36.2m) from Swedish local authority pension funds.

Construction company Skanska UK is to launch a defined benefit scheme and a defined contribution scheme for its 2500 staff.

The TIAA-CREF and Florida State Board of Administration's (FSBA) shareholder proposal calling for the removal of the dead hand poison pill takeover defence from Profit Recovery Group International's (PRG) charter gained 63% of the vote at PRG's annual...

Aegon Asset Management UK has moved £300m out of Japanese and US equities and into UK and European equities.

Pension lawyers have admitted their shock at loophole in stakeholder regulations which prevents employers from providing access to the government's flagship pension plan.

Money market specialists are predicting a surge in demand from UK pension funds following a warning about possible risks of cash deposits with US custodian banks.

Schroder Investment Management in the UK has confirmed that Abdallah Nauphal has stepped down as global head of fixed income.

The UK Government is moving towards raising the age of retirement to provide a long-term answer to improving mortality levels, according to a report by Bacon & Woodrow.

Latin America's Mexican emerging market is set to rally over the second half of 2001 and the first half of 2002, according to F&C Emerging Markets.