The TIAA-CREF and Florida State Board of Administration's (FSBA) shareholder proposal calling for the removal of the dead hand poison pill takeover defence from Profit Recovery Group International's (PRG) charter gained 63% of the vote at PRG's annual...
Aegon Asset Management UK has moved £300m out of Japanese and US equities and into UK and European equities.
Pension lawyers have admitted their shock at loophole in stakeholder regulations which prevents employers from providing access to the government's flagship pension plan.
Money market specialists are predicting a surge in demand from UK pension funds following a warning about possible risks of cash deposits with US custodian banks.
Schroder Investment Management in the UK has confirmed that Abdallah Nauphal has stepped down as global head of fixed income.
The UK Government is moving towards raising the age of retirement to provide a long-term answer to improving mortality levels, according to a report by Bacon & Woodrow.
Latin America's Mexican emerging market is set to rally over the second half of 2001 and the first half of 2002, according to F&C Emerging Markets.
Paul Myners defended his review from a barrage of criticism from fund managers and investment consultants at a seminar held last week by the Pension and Investment Research Consultants.
In a move similar to Ireland's National Pensions Reserve Fund (NPRF), the French government is creating a FFR50bn (EUR7.6bn) reserve fund - all of which will be outsourced at the end of the year.
Pension schemes should learn to accept volatile returns from their assets, Gissings warns.