EUROPE - Global hedge fund advisory firm LJH Global Investments and Attica Asset Management have issued a hedge index certificate aimed at European institutional investors.
The certificate will be issued on their behalf by German private bank Sal Oppenheim and will be based on the Attica-LJH Conservative Hedge Index, which consists of 16 hedge funds combining market neutral, equity hedge, arbitrage and fixed income styles.
The top stories this week were the High Court's decision to block the £12bn annuity transfer from Prudential to Rothesay Life, and a separate court ruling that 'raises the bar' for pension rectification exercises.
Guaranteed minimum pension (GMP) equalisation has soared to the top of pension schemes' to-do lists, with 58% stating it is a priority project, research from Equiniti has revealed.
Professional Pensions is holding its defined contribution (DC) conference on 4 September.