Listen to our latest Pensions Conjecture debate on Transition Management.
Click here to listen to this debate on demand Click here for Pensions Conjecture The number of transitions conducted by schemes using a professional transition manager have increased substantially...
US - Laurence Fink, chairman and chief executive of BlackRock, said billions of assets could flow into perpetual preferred shares issued by European banks looking to recapitalise as they face more stringent capital requirements.
UK - The Pensions Protection Fund has widened its selection of transition managers by recruiting nine firms to its panel, but missing from the list was incumbent State Street who the PPF said did not re-bid.
UK - UK pension funds are showing early signs of re-risking, according to panel members at a JP Morgan Transition Management (TM) press briefing in London yesterday.
State Street has been forced to reimburse a client for a transition management trade after an internal investigation found the client had been double charged on fees.
UK - State Street was forced to reimburse a client for a transition management trade after an internal investigation, which led to the dismissal and possible dismissal of senior transition managers Ross Mclellan and Edward Pennings, found the client had...