INCLUDING: US - Private firms remain bullish; US - Quant funds shrug off concerns
US – Private firms remain bullish
The New York Times has reported that despite market volatility, Asian private equity firms remain ‘bullish’, with a pool of over US$35bn awaiting investment.
Analysts quoted by the paper said that pension funds were keen to invest in private equity firms as a way of riding out the current turbulence on the markets.
US – Quant funds shrug off concerns
The Financial Times reported that Renaissance Technologies and DE Shaw, two of the largest quantitative hedge fund managers, are raising money as they shrug off concerns over the poor performance of many computer-driven funds last month.
The newspaper said investment advisers predicted widespread withdrawals from the market-neutral quant-equity sector, even though a lot of funds recovered most or all of their losses.
Industry experts are calling on the government to act quickly on new pensions dashboard legislation. The DWP is looking at how to do it amid Brexit constraints, writes Kim Kaveh.
An interactive and hands-free technology that allows savers to track how much they have invested into their retirement pots has been launched by Smart Pension.
The Lighthouse Pensions Trust has recorded an 84% surge in the number of employers signed up to its auto-enrolment (AE) provision.
Melrose Industries's UK defined benefit (DB) schemes had a £5.5m combined deficit at the end of 2016, its annual results have revealed.