UK - The £860m Falkirk Council pension fund has appointed Newton Investment Management to a new £150m global unconstrained equity mandate, derived in part from a multi-asset brief previously managed by Henderson Global Investors.
Treasury manager Alastair Redpath told Global Pensions the decision to drop Henderson had been motivated by concerns about performance and major corporate changes taking place at the firm. Back in October,...
James Balcombe looks at how pension funds can find the best hedge fund managers in the market
Interest rate and inflation hedging levels rose during the last quarter of 2015 according to BMO Global Asset Management's Liability Driven Investment (LDI) survey.
PP considers how big a risk this is for schemes and how they can manage it
Clwyd Pension Fund has undergone a restructure of its hedge fund strategy which will generate cost efficiencies and protect against volatility, following a major investment review.
PP looks at whether volatile markets mean now is the opportune time to invest in hedge funds