US - Barings has been awarded more than 18 active international equity mandates, that has added $1.1bn dollars in funding in 2007.
Plans that have hired Barings to run funds mandate included: Neville Chemical Company Master Pension Trust, The Lincoln Electric Company Master Retirement Trust, South Miami Retirement System, Alexander Proudfoot Companies, and Lexington-Fayette Urban County Government.
The mandates combine bottom-up and top-down views and targets multiple sources of alpha, while taking into account the historical influence that company, sector and country specific factors have on the movement of each individual stock.
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).