Austrian pension fund Vereinigte Pensionskasse (VRK) has appointed six managers to active equity briefs worth EUR300m, but the scheme declined to name them.
VRK appointed two Austrian and four foreign managers to briefs of EUR50m each. The scheme is searching for high yield fixed income and corporate bond managers to oversee a total of about EUR200m.
The scheme will make a decision on those appointments Q3, 2001.
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.
Former BHS owner Dominic Chappell has lost the appeal against his section 72 conviction and sentence for failing to hand over information to The Pensions Regulator (TPR).
This week's top stories include Marsh and McLennan Companies agreeing to buy JLT, and the home secretary calling for AE to be scrapped in a no-deal Brexit scenario.
Lesley Titcomb says the watchdog wants closer interactions with pension funds to spot problems sooner and act before having to use its more stringent powers