GLOBAL - Have you missed the biggest stories in pensions this week? Find out below, as we list the top 10 most popular stories on www.globalpensions.com over the past seven days.
Aon Hewitt names co-CEOs, Schroders lures BlackRock portfolio manager, International Forum of Sovereign Wealth Funds, BNY Mellon, Barings, State Street, Fidelity, Kempen Capital, Old Mutual
US Treasury to siphon federal pension assets
US - Treasury secretary Timothy Geithner said yesterday he suspended investments into two federal pension funds and plans to redeem billions in assets since the US has bumped up against its $14trn debt ceiling.
Video: Nortel paved path for buyouts across Canada
UK/ CANADA - Last week's passage of the Ontario budget gave approval for the Nortel pension plan to put through what could be North America's first pension buyout. Ronald Olsen, vice president at Sibson Consulting, who assisted the plan with its proposal, said receiving legislative approval has opened the door for a wave of buyouts across the country.
Standard Life suspends former corporate managing director O'Neill
UK - Standard Life's former managing director of corporate, Gerry O'Neill, has been suspended from his role at the firm.
Manager search activity increases worldwide
GLOBAL - Manager search activity increased in 2010 with emerging markets and alternative asset classes receiving most interest, research by Mercer reveals.
Aon Hewitt names co-CEOs
UK/US - Insurer Aon said today Kristi Savacool and Baljit Dail will become the new co-chief executives of Aon Hewitt, replacing Russ Fradin who is leaving the firm to join SunGard.
Schemes decrease interest rate hedging in Q1
UK - The first quarter of 2011 saw a 24% fall in levels of interest rate hedges by pension funds, research by F&C shows.
Due diligence on appointing fiduciary managers should be legal obligation
UK - Pension schemes should be legally obliged to perform due diligence before appointing a fiduciary manager, consultants say.
Mercer: Super funds should offer more advice on default funds
AUSTRALIA - Simple, low-cost financial advice should be incorporated into the MySuper default fund structure offered by superannuation funds to increase members' engagement with their pensions, according to Mercer.
APG: Dutch managers losing market share
NETHERLANDS - Dutch asset managers are managing an ever-smaller share of local pension assets, APG Group said in its annual report today.
The global sovereign debt market is one of the largest asset classes in the world, and yet it has typically lagged other asset classes when it comes to integrating climate change considerations. The reality is, sovereign debt investors are exposed to...
Better long-term results for investors may be possible through a multi-sector approach to credit, says PIMCO.
Partner Insight: How have companies like Amazon contributed to the megatrend tech revolution?
Partner Insight: From climate change, to AI, investors are increasingly turning to different themes in order to generate an income. But which megatrends are a viable long-term investment opportunity?