GLOBAL - The MSCI composite hedge fund index rose by 1.61% on an asset weighted basis during January this year.
This compares to a 3.12% fall in the MSCI World Equity Index and a rise of 1.43% in the MSCI World Sovereign Debt Index.
Over the year to end of January 2003 the MSCI composite hedge fund index rose by 5.43%.
The Pensions Regulator (TPR) has granted 11 master trusts extensions to apply for authorisation, as it confirms it has received 22 applications ahead of the 31 March deadline.
Aegon Master Trust, Fidelity Master Trust and Ensign have sent off their authorisation applications to The Pensions Regulator (TPR).
Self-administered pension funds spent £15bn on payments to pensioners in Q4 2018, but received just £12bn in contributions (net of refunds), Office for National Statistics (ONS) data reveals.
Aberdeen Standard Investments (ASI) and Gresham House are to team up to form a joint venture.