UK/US - Hedge fund manager Trafalgar Capital Management is launching a US equity market neutral fund aimed at schemes as part of its expansion plans.
Trafalgar is looking to expand its institutional client base, following the strong performance produced by its flagship pan–European market neutral equity fund.
Last year, the fund produced a 13% return and has received $100m (£62.1m) from investors since its launch in November 2001.
The Next Generation Pensions Committee is on a mission to promote and encourage younger voices in the industry. Kim Kaveh looks at its key objectives.
This week's top stories included an analysis finding the cost of equalising guaranteed minimum pensions in schemes could hit FTSE 100 profits by up to £15bn.
Employers whose dividend to deficit recovery contribution (DRCs) ratios fall outside the "normal range" should expect to see higher regulatory scrutiny, although no fixed ratio will be set.
Investment consultants and fiduciary managers should expect a final decision on the investigation into the market to be published by the end of the year, the competition watchdog says.