The £7bn West Midlands Pension Fund has invested £40m in a global long-short equity fund of hedge funds run by Goodhart Partners.
Chief investment officer Judy Saunders said the appointment was part of its strategy of having a few specialist equity funds alongside passive management. The WMPF has a total of £400m invested in hedge...
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.
Former BHS owner Dominic Chappell has lost the appeal against his section 72 conviction and sentence for failing to hand over information to The Pensions Regulator (TPR).
This week's top stories include Marsh and McLennan Companies agreeing to buy JLT, and the home secretary calling for AE to be scrapped in a no-deal Brexit scenario.
Lesley Titcomb says the watchdog wants closer interactions with pension funds to spot problems sooner and act before having to use its more stringent powers