AUSTRALIA - The Queensland Investment Corporation (QIC) has appointed Bill Prendergast to the new position of Global Fixed Interest (GFI) beta manager, bringing the company's investment team to 21.
GLOBAL - Most pension funds are failing to actively engage with ‘Generation Y', the generation now in their twenties, found the results of September's Global Pensions 100 Panel.
GLOBAL - The new chairman of the Enhanced Analytics Initiative (EAI), Peter Scales, has cited asset managers as its next recruitment target.
EUROPE - Global Pensions has gained exclusive details concerning the launch of a new insurance solution for the pension industry which aims to reduce risk and volatility.
INCLUDING: UK - House of Commons tender; UK - Enhanced ETFs launched; UK - LCP appointments
GLOBAL - Several large pension schemes have expressed an interest in collaborating in a proposed class action case against entertainment giant Vivendi, according to UK firm, Securities Class Actions.
GLOBAL - Active currency managers face difficult conditions to deliver on a slew of new pension fund mandates, according to consultants.
GLOBAL - Pension funds should look out for distressed debt opportunities amongst credit crunch victims, claim industry experts.
INCLUDING: US - Annual report achieves national recognition; Global - Morley SRI appointment;
EUROPE - Pension funds have been warned by industry professionals to avoid fleeing the UK property market in favour of perceived higher returns in continental Europe.