INCLUDING: UK - Buck Consultants appoints new Actuary; UK - Fortis Investment announces nine new hires; ASIA - Investment opportunities in under-valued Korean firms
UK – Buck Consultants appoints new Actuary
Buck Consultants have announced the appointment of David Broadbent as senior consulting actuary. He will be based primarily at the company’s Ipswich office.
David is a fellow of the institute of actuaries and has over 20 years experience within the pension industry, including knowledge of managing pension funds and the strategic decisions faced by trustees and employers.
UK – Fortis Investment announces nine new hires
Fortis Investments has announced nine new hires, including four new portfolio managers for bond, equity and real estate fund of funds and to support the move into institutional mandate management.
Fortis has also appointed five new analysts for its research team and is actively seeking a head of quantitative management.
ASIA – Investment opportunities in under-valued Korean firms
Current market volatility has contributed to a massive sell-off of foreign owned Korean stocks, leaving the Korean market under-valued and open to speculation, warned Atlantis Investment management.
Over US$9.7bn of foreign held equities were sold in August alone, contributing an 18% fall on KOSPI, the Korean share index over a three week period. In spite of this, the Korean economy remains buoyant, with a 15% increase in exports compared to last year.
Richard Wohanka is to chair The Pension Superfund's trustee board, working alongside professional firm 2020 Trustees to safeguard members' benefits.
Four people behind a £13.7m cold-calling scam which cost 245 people their savings have been banned from being pension scheme trustees by The Pensions Regulator (TPR).
The Pensions Administration Standards Association (PASA) has launched its latest round of guidance for guaranteed minimum pensions (GMPs).