Andrew Short asks if absolute return funds are failing to fulfil their remit and whether they still have a role to play in today's fund portfolios
US - Market volatility in the first six trading days of August has dealt a severe blow to S&P 1500 pension plans, with the aggregate funded status decreasing by $191bn, figures from Mercer show.
SL Capital Partners; CalPERS; Mercer; Capita Hartshead Actuarial and Consultancy Services; MGM Advantage; Baring Asset Management; Schroders; Frontier Investment Management; Informa Investment Solutions
US - The aggregate deficit of S&P 1500 pension plans increased by $74bn in July, new figures from Mercer show.
Mercer has recruited Paul O'Connor as head of asset allocation for its investment management business in Europe, Middle East and Africa.
UK - Mercer has recruited Paul O'Connor as head of asset allocation for its investment management business in Europe, Middle East and Africa.
JAPAN - Mercer is considering launching its implemented consulting service in the Japanese institutional market.
Mercer; Threadneedle; Stamford Associates; Aberdeen Asset Management;PwC; Arcadian
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.
The Professional Pensions Show 2011 will include a investment leaders' roundtable made up of five of the investment industry's most influential figures.