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.
Despite improvements in investment manager attitudes towards responsible investment, research reveals there is a way to go before the majority deliver meaningful action. Victoria Ticha explores why
The Co-operative Bank is set to continue de-risking pension schemes after it mitigated further losses by switching from the retail prices index (RPI) to the consumer prices index (CPI).
A model aimed at reducing climate change-related financial risk exposure from corporate credit assets has been launched by Insight Investment.
Universities Superannuation Scheme (USS) members should be responsible for most of the cost of increased contributions if the scheme's defined benefit (DB) section remains open to accrual, Pensions Buzz respondents say.