On Friday, we reported the multi-billion dollar Teachers Retirement System of Texas (TRS) had withdrawn its allocation to hedge funds. Professional Pensions was wrong - TRS has slightly reduced its allocation not withdrawn it.
The changes the TRS board of trustees made followed a strategic asset allocation review conducted by the scheme's investment management division over the past year. The strategic allocation review was...
Here are key takeaways from our 2019 Asset Allocation Outlook on how we are positioning asset allocation portfolios in light of our outlook for the global economy and markets.
This week's top stories included a Freedom of Information request revealing more than 100,000 savers could face six-figure tax bills as a result of GMP equalisation.
The Pearson Pension Plan has entered into a £500m pensioner buy-in with Legal & General (L&G) in the insurer's first deal of 2019.