US - The Indiana Public Eemployees' Retirement Fund (PERF) has set up an emerging managers programme to seek out investment opportunities with small Indiana firms owned by women and minorities.
The fund will focus on firms with less than $2bn in assets under management.
The Ohio Public Employees Retirement System (OPERS) last week selected two firms to manage its minority manager mandate within its US equity asset class.
Leading Edge Investment Advisors and Progress Investment Management Company, were appointed by the $77.6bn fund to manage mandates of $75m and $50m respectively.
An analysis of IGC annual reports finds some lacking in information on value for money, costs and charges, and investment performance. James Phillips explores the findings
A new cost transparency solution is being developed for pension schemes by a financial services technology firm.
Supermarket giant Asda's plans to reform its pensions have been decried as "unfair, unreasonable and unnecessary" as the workers' union began talks with the employer.
The Pensions Administration Standards Association (PASA) has launched a checklist to help trustees with the rectification process for guaranteed minimum pensions (GMP).