US - OppenheimerFunds and Tremont Advisers have rolled out a pair of closed-end funds of funds exclusively for tax-exempt institutional in-vestors, such as endowments, foundations and public and private pension funds.
The funds, which are registered with the SEC, are part of the new OFI Tremont Institutional Hedge Fund Series and are being seeded with US$25m each from OppenheimerFunds.
Despite improvements in investment manager attitudes towards responsible investment, research reveals there is a way to go before the majority deliver meaningful action. Victoria Ticha explores why
The Co-operative Bank is set to continue de-risking pension schemes after it mitigated further losses by switching from the retail prices index (RPI) to the consumer prices index (CPI).
A model aimed at reducing climate change-related financial risk exposure from corporate credit assets has been launched by Insight Investment.
Universities Superannuation Scheme (USS) members should be responsible for most of the cost of increased contributions if the scheme's defined benefit (DB) section remains open to accrual, Pensions Buzz respondents say.