Asset Allocation

Mercer has recruited Paul O'Connor as head of asset allocation for its investment management business in Europe, Middle East and Africa.

The use of alternative assets by pension funds grew by 16% in 2010 to $952bn (£596bn), according to research by Towers Watson.

Lothian Pension Fund has gone out to tender for two investment advisers to sit on its Investment Strategy Panel following the expiration of the current adviser contracts.

Focus switches to active fixed income; Reductions in equity exposure to continue

Andrew Benton argues that dynamic asset allocation is a key part of protecting the purchasing power of investors' money

The UK's biggest defined benefit schemes have knocked £40bn off their deficits over the past year, as stronger equity performance pulls schemes towards full funding, figures show.

UK - Pension trustee boards continue to struggle to make swift changes in allocations to new asset classes, research by Aon Hewitt shows.

Schemes must factor in climate change risk to their asset allocation strategies over the next two decades or face losing trillions of pounds, Mercer warns.

AllianceBernstein is to launch a range of off-the-shelf target date funds for trust and contract- based defined contribution schemes.

Schemes should concentrate on asset allocation and fees not manager selection, Evercore Pan Asset says.