News

US - The Fresno County Employees Retirement Association has approved a new asset mix which increases allocations to international large-cap equities, emerging markets equities, TIPS and commodities.

NETHERLANDS - Stichting Pensioenfonds ABP, the largest Dutch pension fund, said its coverage ratio reached 109% at the end of February.

PERU - AFP Integra SA, manager of Peru's second-largest private pension fund, plans to increase investment in smaller mining companies as well as the consumer goods industry as growth in returns from Peruvian stocks slows.

JAPAN - Nomura predicts the devastating earthquake and tsunami in Japan will cut between 0.5% and 1% off the country's GDP next quarter.

UK - The Department for Work and Pensions must avoid the "bear trap" of setting rigid rules to govern default funds, AllianceBernstein warns.

Nomura predicts the devastating earthquake and tsunami in Japan will cut between 0.5% and 1% off the country's GDP next quarter.

Judges set for trial of strength over plan to make them put more into pension pot; DC pension savers head for poverty; Canadians get creative with infrastructure acquisitions; Trustees strive to assess the fiduciary managers; Trustees strive to assess...

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The Pensions Management Institute has overhauled its Pensions Administration Qualifications to make them more flexible and up-to-date.

SEI has bolstered its fiduciary management capabilities with the three senior appointments in its liability-driven investing, corporate finance and risk management teams.