News

AUSTRALIA - Russell Investments has launched a new exchange-traded-fund (ETF), which specifically targets Australian institutional investors.

The Organisation for Economic Co-operation and Development today recommends the UK government further increases the state pension age to combat rising costs.

Edinburgh university lecturers strike over pensions

Strong de-risking demand from UK pension funds drove a 36% increase in Legal & General Asset Management's liability driven investment funds last year, results show.

US - The California Public Employees' Retirement System (CalPERS) has endorsed proposals to prohibit Board members and officers from accepting employment with business partners after leaving the fund.

GLOBAL - The number of public pension systems investing in hedge funds has grown by 50% over the past four years, research by Preqin shows.

Schroders has enhanced its liability driven investment and strategic solutions teams with four appointments in newly created roles.

UK - The Organisation for Economic Co-operation and Development (OECD) today recommends the UK government further increases the state pension age (SPA) to combat rising costs.

HS Admin has retained 30 out of 31 clients since it was bought from Aegon by Goddard Perry in October last year.

A ruling that trustees have relied on to unwind decisions without formal rectification since 1975 has been swept away by the Court of Appeal.