News

UK - Shareholder activism has been trivialised and dismissed by policymakers, delegates at a responsible investment conference heard yesterday.

Rachel Reeves has been promoted to shadow chief secretary for the Treasury in the Labour cabinet reshuffle but her replacement in the pensions brief has not been announced.

NETHERLANDS/UK - PGGM is in advanced negotiations with Barclays Capital to acquire its majority stake in University Partnerships Programme, the UK's largest developer of university campuses, according to reports.

The University and College Union will begin a "sustained campaign of industrial action" across 67 campuses on Monday in protest at changes to the University Superannuation Scheme.

Don't forget to have your say on which providers deserve to land on the shortlist for the Global Pensions Awards 2012!

UK - The lastest round of quantitative easing has made gilts even more expensive and threatens to hasten the exit of international bond investors eager to crystallise profits,fund managers warn.

The lastest round of quantitative easing has made gilts even more expensive and threatens to hasten the exit of international bond investors eager to crystallise profits, fund managers warns.

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.

US - Shareholders led by an Illinois pension fund have received $89.4m from Del Monte and Barclays Capital after being cashed out of a private equity buyout deal.

Gilt yields posted a surprise rise yesterday, despite fears of longer-term falls which could significantly increase scheme liabilities.