UK - UBS Global Asset Management has hired Bernard Hunter as its new global head of credit research, effective January 2003.
Hunter was formerly head of credit research at Merrill Lynch Investment Managers, and will now be responsible for UBS’s global fixed-income credit research team based in London.
The appointment follows the recent arrival of Frank Manduca as head of the small cap team and Guy Walker as a senior equity analyst focusing on consumer business
John Penicook, global head of fixed-income of UBS Global AM, Chicago, said: This is an excellent opportunity for UBS Global AM and comes at a time when there is increasing reliance on good credit research and significant business opportunities in fixed-income.
“We continue to be committed to developing our worldwide credit resources further.
Kim Gubler says it is time that schemes and administrators reassess SLAs and look at what real people need from their pension schemes and when
The Pensions Regulator (TPR) is focusing on reducing the number of "poorly-run" schemes as it seeks to improve standards across the board.
Prudential Retirement has completed around $2.6bn (£2bn) of reinsurance contracts for UK pension scheme longevity risk since the start of the year, it has disclosed.
Funding standards for DB schemes have increased exponentially over the past decades. Con Keating says such significant overstatement of liabilities will lead to pushback through the courts.