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.
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.
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.
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.
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.
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.
ASIA - Baring Asset Management has appointed Wilfred Sit as chief investment officer of its Asia business.
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".
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.
The BBC Pension Scheme's head of pensions investments is retiring after 11 years in the position.