Regions

The Gulf of Mexico oil spill disaster may not only be catastrophic for the environment.

Incisive Media, publisher of Global Pensions, has won the prestigious AOP Award for Best Digital Publisher - Business.

UK/EUROPE - The sovereignty of UK defined benefit provision is under threat following proposals from the EU Commission to shift legislative power to a European body, an internal Confederation of British Industry document revealed.

UK/GLOBAL - Strategy diversification is key to developing a currency portfolio that offers downside protection, currency experts said.

EUROPE - Additional reforms of pension policy, particularly increasing the retirement age, will be needed in several countries due to the danger posed by expected demographic changes, an interim report by the EU Council said.

GLOBAL - The number of hedge fund portfolios closing last quarter rose for the first time in over a year, with funds of hedge funds leading the way.

GLOBAL - Defined contribution members risk dramatic fluctuations in retirement income unless they adopt default strategies that reduce the impact of market shocks, the global body warned.

US - US fraudster Bernie Madoff has mocked the investors he swindled out of US$65bn, reportedly saying he "carried them" for 20 years.

EUROPE - The number of investors considering climate change policies as key to manager selection has doubled since 2007, but the actual integration of these policies into investment mandates has failed to take off, a report by the Institutional Investors...

EUROPE - M&G has launched a UCITS III version of a global macro investment strategy in a bid to target institutional investors.