UK - State Street Global Advisors' nine flagship global active equity strategies have all outperformed their respective benchmarks over one and three-year periods.
And eight of the nine strategies exceeded their respective benchmarks over the five-year period to the end of 2002.
Some of the best figures were for its Japanese Alpha fund which saw outperformance of 7.59% over one year and 3.35% over three years.The corresponding figures for its UK Alpha and US large cap strategies were 4.47%/4.27% and 3.62%/2.42% respectively.
SSgA claims the outperformance has been achieved while pursuing a low-risk strategy.
SSgA director of global active strategies Michael Schoeck said: “These figures are a testament to our systematic stock selection process, as well as to the talent and hard work of our active equity team members worldwide.”
The Pensions Regulator (TPR) and Labour MP Stephen Kinnock and will listen to the experiences of steelworkers when transferring their pensions away from the British Steel Pension Scheme (BSPS) next week in Port Talbot.
Just Group has acquired a 75% stake in the holding company of Corinthian Pension Consulting in a bid to strengthen its professional defined benefit (DB) advisory services.
The Pensions Regulator (TPR) has exercised its production order power under the Proceeds of Crime Act 2002 for the very first time as part of a fraud investigation.
The ITN Limited Pension Scheme has named Trafalgar House as its administrator for an initial term of five years.