UK- Barclays Global Investors has hired David Gagnon as a director of transition strategy, where he will head the team which handles client portfolio restructurings.
Gagnon will be based in London and will report to Lachlan French, head of transitions, Europe and Asia (ex Japan). Gagnon previously worked at Lehman Brothers as a director in the transition management...
Listen to our latest Pensions Conjecture debate on Transition Management.
UK - Government plans to cut a subsidy boosting the appeal of solar panel infrastructure investments could scupper scheme plans to use these investments as part of their liability matching strategies, fund managers say.
UK - Aegon is to close its defined benefit pension scheme to future accrual in March 2013 as part of its restructure and cost saving programme.
UK - The Pension Protection Fund has published its annual report - revealing a surplus of £678m ($1.1bn) at 31 March.
UK - Schemes looking to maximise returns in a low interest rate environment must work closely with investment banks to boost member outcomes, Barclays chief executive Bob Diamond says.