News

EUROPE - Europe's cental bank and even the IMF should share in the haircuts on Greek debt that seem increasingly inevitable for private bondholders,UK asset manager Schroders claims.

GLOBAL - Pension funds and other institutional investors are favouring one-year investment strategies as they attempt to limit their risk exposure, research by MSCI suggests.

UK - Pension deficits have dropped to just over £300bn ($464bn) as a fall in the price inflation outlook shaved £50bn off scheme liabilities in a month, according to Xafinity.

GLOBAL - JLT Investment Solutions, New Mexico Public Employees Retirement Association Board, AXA Investment Managers, BlackRock, Teachers' Retirement System of the State of Illinois, F&C Investments, RPMI, Oddo Asset Management

EUROPE - Northill Capital has launched a new European credit asset management company, Goldbridge Capital Partners.

The government has delivered on its promise to support pensioners and laid the ground for further reforms, Iain Duncan Smith claims.

The country's biggest firms have increased their pensioner longevity assumptions for the fifth year running in a move which has added about 1% to scheme liabilities, Mercer says.

Un-hedged pension schemes face a 20% increase in deficits if the Bank of England follows the US Federal Reserve's Operation Twist strategy, a consultant warns.

Pension shake-up plans will hit poor; Danish giant in UK pension market; Rising demand for pension buy-outs; Hedging: Is half an umbrella better than none?; Trouble ahead for today's pension dropouts; Asset owners call for clarity; Long-term thinker points...

JLT Employee Benefits has confirmed the appointment of Peter Ball as managing director of the recently formed JLT Investment Solutions.