Regions

The Ontario Pension Board, which runs the C$12bn (US$7.8bn) Public Service Pension Plan, is conducting an asset liability study (ALS) and mandates could be put out to tender in September.

International investment house State Street Global Advisors (SSgA) has bagged two mandates totalling £190m from the UK-based BG Pension Scheme, a newly-created defined benefit scheme.

Custodian KAS Associatie has appointed Brown Brothers Harriman's Ben Kajtazi, as part of the first phase of its European expansion plans.

The year 2000 was the worst year for pensions on record, and 2001 could even be worse, according to Ron Ryan, president of US asset manager Ryan Labs.

Mark Nicoll has been appointed as a senior investment consultant by consulting actuaries Lane Clark & Peacock.

An overwhelming majority of company pension fund trustees feel the pressure they are under to be significantly on the increase, according to a new survey.

Global actuaries Watson Wyatt has appointed Javier Fañanás as director of its Barcelona office.

The $120bn New York State Common Retirement Fund (CRF) has appointed four asset managers to run $350m in US equities.

Mellon Global Investments and Ahli United Bank (AUB) are to establish a joint venture offering investment management services in the Middle East.

Bank of New York announced yesterday its appointment by the £300m Laporte Group Pension Trust to provide investment accounting, compliance monitoring and global custody services.