UK - The £900m Dorset County Council Pension Fund is tendering for £45m hedge fund managers.
Bfinance, which is acting as advisor for the review process, said that the fund was looking to hire not less than two fund-of-hedge-fund managers.
The mandate would be awarded to the “most economically advantageous tender in terms of quality, technical merit and price”.
Deadline for tender is June 2, 2004
The Pension Protection Fund (PPF) is consulting on proposals to charge a "risk reflective" levy for commercial defined benefit (DB) consolidation vehicles.
The funding gap across FTSE 350 schemes could be slashed by as much as £275bn if schemes look beyond traditional ways of creating value. Victoria Ticha examines how
There will be "many flavours" of defined benefit (DB) consolidators but consolidation will only be the right answer for a minority of schemes, Alan Rubenstein says.
Work and Pensions Committee (WPC) chairman Frank Field has questioned the regulator on what lessons it can learn from the experience of the Kodak Pension Plan No.2 (KPP2).