AUSTRALIA - Credit Suisse Asset Management Australia is partnering with Julius Baer Investment Management (JBIM) in the US to provide clients direct and exclusive access to JBIM's global equity products.
Tony Williams, managing director and chief operating officer of JBIM, added: "The current market conditions have and will continue to create opportunities for local investors interested in allocating to global equities."
Representatives from JBIM were in Australia this week to meet clients, advisers, asset consultants and researchers.
While in Australia the team will also participate in focus group discussions to assist in the development and delivery of a tailored international equities solution that meets the needs of clients in Australia.
Credit Suisse is expected to launch the first product with JBIM in early in Q2 2008.
Potential changes to accounting standards and increased pressure on companies to accelerate contributions could worsen FTSE 100 scheme funding by up to £100bn, according to Lane Clark and Peacock (LCP).
Smart Pension has taken on over 20,000 active members from the £20m Corpad Master Trust, following a strategic review by the ceding firm's trustees.
The Universities Superannuation Scheme (USS) allegedly obstructed a whistleblower as she tried to discover the true value of the deficit in its defined benefit (DB) section, according to reports.
The Cost Transparency Initiative (CTI) has launched a number of templates and guidance to help pension schemes deliver greater value for savers with enhanced disclosure of transaction cost information.