ASIA-PACIFIC - It is not that the Asia-Pacific had a lousy year...
It is more that investors feel that hedge fund managers could have done so much better, according to Bank of Bermuda AsiaHedge.
However, a difficult second half in 2002 saw hedge fund managers’ gains pegged back.
By year-end, the medians saw Australia leading the way. It put on 5.1% in 2002 compared to an 11.5% drop in the Australian All Ordinaries.
It did the best in December, too, putting on 0.6%. All the other strategies disappointed.
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.
Former BHS owner Dominic Chappell has lost the appeal against his section 72 conviction and sentence for failing to hand over information to The Pensions Regulator (TPR).
This week's top stories include Marsh and McLennan Companies agreeing to buy JLT, and the home secretary calling for AE to be scrapped in a no-deal Brexit scenario.
Lesley Titcomb says the watchdog wants closer interactions with pension funds to spot problems sooner and act before having to use its more stringent powers