Massive NPRF poised to review US managers

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IRELAND - All US investment firms hired by Ireland's e8bn National Pensions Reserve Fund (NPRF) could soon be facing a review in the wake of the current market-timing scandal to have gripped the US fund industry.

This week, the National Treasury Management Agency (NTMA) which administers the NPRF, announced that it is to examine the position of Putnam Investments on its roster. Last week Putnam was charged ...

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