UK - State Street Global Advisors (SSgA) is to launch a market neutral global hedge fund aimed at pension funds.
The low volatility fund will be based around SSgA’s existing US, Japan and European hedge fund strategies.
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This week's top stories included Cardano announcing plans to acquire Now Pensions from a Dutch pension fund later this year.
Royal Bank of Scotland (RBS) faces a £102m impact on liabilities as a result of equalising guaranteed minimum pensions (GMPs), according to its annual results.