Regions

GLOBAL - Allianz Global Investors (AllianzGI) has grown assets under management to e942bn in 2005, as 89% of its assets outperformed their benchmark over a three-year period.

GLOBAL - F&C Asset Management recorded net institutional outflows of £1bn in 2005 with the Netherlands business hit hardest.

GLOBAL - Pensions systems require a framework of sufficientemployment opportunities and acceptable levels of earnings to avoid "poverty everywhere", a new paper has found.

GLOBAL - There is no silver bullet for the challenges faced by pension funds and institutional investors looking to develop and implement active ownership strategies in order to safeguard their beneficiaries' interests, law firm Schiffrin & Barroway has...

SOUTH AFRICA - Actuary Peter Ghavalas and six accomplices have been charged with defrauding R213m (US$34m) from pension funds over an eight year period, the Financial Services Board (FSB) announced today.

GLOBAL - Greg Kerr and Jorry Noeddekaer are set to join New Star Asset Management as fund managers within its institutional team, Global Pensions can exclusively reveal.

GLOBAL - Consulting firm Hymans Robertson has questioned the wisdom of pension funds diversifying into commodities to improve risk-adjusted returns, describing the asset class as "sub-optimal".

JAMAICA - The government has announced an overall increase of 66.66% in national insurance benefits (NIS), expected to cost JM$10bn (US$150m) over the next three years.

GLOBAL - Fundamental or wealth weighted indices have the potential to compete in the active or enhanced indexation space, according to Roger Urwin, global head of investment consulting at Watson Wyatt.

GLOBAL - Portable alpha strategies are the new paradigm in institutional investment management, according to futures and options exchange Eurex.