GLOBAL - Hedge funds experienced their first quarterly outflows for the first time in nearly three years during the final quarter of 2002, according to Tremont TASS.
The hedge fund consultant found that the outflow in the fourth quarter of 2002 was US$696m (£441.2m), compared to an inflow of US$6.8bn (£4.3bn) during the previous quarter.
Partner Insight: In recent years, pensions administrators have seen scheme member engagement increase significantly. The advent of pension freedoms in 2015 and the increased choices faced by members have led to a sea-change in the levels and types of...
The Pension Protection Fund (PPF) and The Pensions Regulator (TPR) are probing the sale of Johnston Press as concerns are raised over the impact on the publishing house's pension fund.
The Co-operative Group's pension scheme, Pace, will invest up to £50m into the social and affordable housing market over the next 12 months.