EUROPE - The UK's National Association of Pension Funds (NAPF) has today endorsed the T-Charter and called for the establishment of a pan-European steering group to further develop the set of principals.
Global Pensions gathered fund of hedge fund experts in London to discuss the outlook for the vehicle following the credit crunch, competition from replication vehicles and complaints of high fees and low transparency
INCLUDING: Bell Canada takeover blocked; French transport workers strike; Florida pension funds suing AIG
GLOBAL - The focus of transition management activities has shifted from operations to risk management, thanks to the increasing role technology plays in the sector, according to BNY ConvergEx.
GLOBAL - An insurance product to protect DB sponsors against the cost of pensioners living longer than expected has been launched by Pension Corporation.
ASIA - FRM opens offices in Hong Kong and South Korea; US - Northern Trust expands reporting tools; GLOBAL - HSBC rebrands asset management business; UK - Former Mercer staffer returns
GLOBAL - Mercer has announced it will now place greater emphasis on the extent to which fund managers pro-actively integrate environmental, social and governance factors (ESG) into their mainstream investment process.
GLOBAL - The market for responsible and ethical investments is set to explode to over €500bn (US$788bn) by 2014 but the sector may risk a 'green bubble burst' if sufficient care is not taken, a new report has warned.
Including: UK - Punter Southall urges caution over buyouts; US - WR Grace to add $24m contributions
INCLUDING: US - Ohio retirement system appointment; EUROPE - Pioneer appoints head of consultants; EUROPE - Mirae establishes European presence; NETHERLANDS - Patrick Dunnewolt joins Mn Services