CHANNEL ISLANDS - The £1.1bn (US$2bn) States of Jersey Public Employees Contributory Retirement Scheme (PECRS) has made a maiden property investment worth around £14m with an undisclosed manager, according to MandateWire.
The schemes equity investments have increased by around 18% since 2006. The remaining 2% of the scheme's assets have been equally invested in property and cash.
Fidelity International has created global retirement savings guidelines to help employers and employees understand how much is needed to save for retirement, writes Kim Kaveh.
The Local Authority Pension Fund Forum (LAPFF) has announced the sudden death of its chairman, Ian Greenwood, on Monday (12 November) night at age 68.
Jonathan Stapleton wonders whether we need a thorough review of the principles for institutional investment decision-making