UK - The Pension Protection Fund (PPF) has recruited seven private equity secondary managers to a panel for potential future investment.
SWEDEN - AP7's Premium Savings and Premium Choice funds both bounced back last year after a torrid 2008.
US - The International Brotherhood of Electrical Workers Local 98 pension fund (IBEW) has sued Goldman Sachs accusing the firm of excessive bonus payments.
US - The Teachers' Retirement System of the State of Illinois (Illinois TRS) has terminated BlackRock from a US$643.5m domestic enhanced equity mandate for poor performance and hired a slew of other managers.
Matthew Craig looks at the stages trustees must go through to deal with scheme liabilities, and the factors they should consider before opting for a buy-in or buyout
US - Two US pension funds have sued Morgan Stanley accusing the bank's board of breaches of fiduciary duty and unjust enrichment for failing to administer its compensation plans in the best interests of the company and its shareholders.
US - Two US pension funds who sued Goldman Sachs last month over allegedly excessive bonus packages have asked the court to schedule an expedited hearing on their request to block the payments.
US - Goldman Sachs Asset Management said it would not raise the base fee on its Global Tactical Asset Allocation fund back to its original level until the start of next year.
US - A pension fund is suing Goldman Sachs alleging officials and the board breached their fiduciary duties by allowing an expected US$22bn in 2009 bonuses.
UK - The CDC Pensions Scheme has completed a £370m (US$621.6m) buy-in with Rothesay Life.