News
Canada
CANADA - A Canadian pension plan has invested $104m in the new version of Acadian Asset Management's managed volatility strategy that mixes developed and emerging equities, the firm said.
23 May 2011
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Hedge Funds
EUROPE/US - Saguenay Capital and Strathmore Capital have merged to create Saguenay Strathmore Capital.
23 May 2011
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Investment
Saguenay Capital and Strathmore Capital have merged to create Saguenay Strathmore Capital.
23 May 2011
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Regulation
Pensions minister Steve Webb is to meet with industry figures today to try to "root bad practice out" of enhanced transfer value exercises.
23 May 2011
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Legislation
The government must take "urgent" action to clarify public sector reforms and end the uncertainty engulfing its plans, the National Association of Pension Funds says.
23 May 2011
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Industry
A £1.3bn plumbers' pension scheme is urging Steve Webb to ditch plans to scrap contracting-out rebates because it will put it into direct competition with NEST.
23 May 2011
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Hedge Funds
Some 93% of institutional hedge fund investors are considering increasing their allocation to the asset class over the next three years, suggesting a "significant" inflow of capital to come, research by Preqin suggests.
23 May 2011
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Mandates
NETHERLANDS - Stichting Bedrijfstakpensioenfonds voor de Groothandel in Levensmiddelen (Bpf GIL) has hired J.P. Morgan Worldwide Securities Services as global custodian for its €500m ($700.6m) scheme.
23 May 2011
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Global
GLOBAL - US small cap growth was one of the best-performing asset classes in the first quarter of the year,with tope performer Sawgrass Asset Management posting returns of 21.5%, the latest PSN Top Guns list shows.
23 May 2011
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Appointments
Neuberger Berman, SL Investment Management, Standard Life, GESB, Acadian, Pioneer, Russell Investments, Northern Trust
23 May 2011
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