Eiris has launched a new version of its Ethical Portfolio Manager (EPM) software.
EPM, a research tool that enables investment managers to analyse corporate social and environmental performance, was first launched in May 2000.
Key features of the upgrade, based on feedback from clients, include the ability to choose different indices as a basis for portfolio performance comparison. Clients will also have more detailed market effects information, indicating the value of the selected index that is identified by different social and environmental benchmarks.
Just under 40 clients in the UK and abroad are now using EPM as their research tool for socially responsible investment performance analysis. Some use the software to identify companies that meet the selection criteria for ethical funds.
Other enhancements to the software include a facility to carry the research data on North American and Asia Pacific companies that will be released later this year. EPM 2001 also gives more details on changes to companies, when, for example, they go onto, or are removed from, a particular index, or when they are newly identified by a social or environmental benchmark.
An innovative funding structure has been agreed for Croydon Pension Fund. However, there are some concerns about the arrangement. Stephanie Baxter reports
Some 52% of red flags raised by schemes on suspected scam pension transfers involve advisers or unregulated introducers, a report by the Pension Scams Industry Group (PSIG) has claimed.
The Norfolk Pension Fund has been successful as the lead plaintiff in a class action case that went to jury trial in California involving securities fraud.
In this week's Pensions Buzz, we want to know whether bosses should have to pay into the same staff DB scheme as their workers rather than their own executive pension fund.