UK - Credit Suisse Asset Management's three flagship institutional UK equity funds outperformed the FTSE All-Share Index last year.
CSAM’s Alpha fund outperformed the FTSE All-Share by 10.7%, while its Core and Income funds outperformed the index by 3.2% and 6.1% respectively.
At the same time, the firm’s institutional UK core plus product also performed strongly, outperforming the JPM UK Traded Index by 1.2% and 1.8% respectively over one and three years.
An innovative funding structure has been agreed for Croydon Pension Fund. However, there are some concerns about the arrangement. Stephanie Baxter reports
Some 52% of red flags raised by schemes on suspected scam pension transfers involve advisers or unregulated introducers, a report by the Pension Scams Industry Group (PSIG) has claimed.
The Norfolk Pension Fund has been successful as the lead plaintiff in a class action case that went to jury trial in California involving securities fraud.