Regions

Beleaguered telecoms giant Marconi is considering introducing a defined contribution scheme in a bid to reduce the company's exposure to risk.

Global financial group Schroders has been awarded the final license to establish a local investment subsidiary in Korea, only six months after receiving the preliminary go-ahead.

European insurers Winterthur Life - a business unit of financial services giant Credit Suisse Group (CSG) - has launched two new websites.

Medium-term prospects for Europe's private equity markets have never been brighter, according to a report by independent network AltAssets.

Investing in new tech companies is a high risk "loser's game" that only specialists can gain from, says Scottish Widows Investment Partnership (SWIP) chief investment officer Sandy Nairn.

Invesco Pensions in the UK has appointed Terry O'Malley and Rick White to its executive board. They join David Butcher, chief executive of Invesco Pensions.

Invesco Pensions has appointed John Griffiths as business development manager and Mark McDonnell as head of client services.

The $20.6bn Missouri Public Schools Retirement System (PSRS) is conducting an asset allocation study and may put mandates out for tender, according to Craig Husting, the fund's chief investment officer.

Andrew Christie has joined global actuaries Watson Wyatt as a senior human capital consultant to oversee the development of the firm's Remuneration Committee Report.

America's Securities and Exchange Commission (SEC) has warned public pension funds that the increased use of hedge funds are a potential risk to their retirement funds.