News
Appointments
US - Old Mutual Asset Management (OMAM) US has named Steve Belgrad as chief financial officer and Aidan Riordan as director of affiliate development as part of a series of managerial changes.
11 May 2011
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United Kingdom
UK - The Universities Superannuation Scheme's contested switch to career average is set to go ahead this Autumn following a decisive meeting yesterday approving the changes.
11 May 2011
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Netherlands
NETHERLANDS - Stichting Pensioenfonds ABP recorded a return of 13.5% (€28bn) in 2010, its fourth highest figure since the Government lifted investment restrictions on the scheme 18 years ago.
11 May 2011
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Netherlands
NETHERLANDS - Stichting Alcatel-Lucent Pensioenfonds has invested €25m ($36m) in an anti-benchmark world equity strategy run by French asset manager TOBAM, reducing BlackRock's global equity mandate by half.
11 May 2011
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Industry
The Universities Superannuation Scheme's contested switch to career average is set to go ahead this Autumn following a decisive meeting yesterday approving the changes.
11 May 2011
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Industry
Prudential boosted its corporate pensions sales by £78m in the first quarter, driven by a 154% increase in sales to new members of existing private sector clients.
11 May 2011
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Asia
ASIA - Baring Asset Management has appointed Wilfred Sit as chief investment officer of its Asia business.
11 May 2011
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Defined Benefit
More than a hundred Unilever workers have demonstrated outside the company's annual general meeting today, saying plans to scrap its final salary pension scheme are a "betrayal".
11 May 2011
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Investment
British Steel Pension Fund has added a television studio and planned digital media centre in Cardiff to its property portfolio after purchasing both sites from Aviva Investors.
11 May 2011
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Appointments
The BBC Pension Scheme's head of pensions investments is retiring after 11 years in the position.
11 May 2011
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