News

UK - Scheme allocation to alternatives will rise to more than a third of assets over the next two to three years as funds shy away from equities, J.P. Morgan Asset Management research suggests.

GLOBAL - Platinum and palladium will become more important investments for pension funds, said Shayne McGuire, director of global research at the Teacher Retirement System of Texas.

AP3; BlackRock;Hermes; State Street; FundQuest; Schroders; SVM; First State

EUROPE - Nearly half of all European pension funds are imprecisely modelling their liability hedging portfolios, a new survey by EDHEC-Risk Institute finds.

Nearly half of all European pension funds are imprecisely modelling their liability hedging portfolios, a new survey by EDHEC-Risk Institute finds.

Small companies to see costs rise as pension rules introduced; Standard Life improves its active money SIPP; Stewardship code gains support

Finance directors should shift de-risking up the boardroom agenda if they think it is important to the future of the company, MetLife says.

Hewitt Associates has appointed Neville McKay to its retirement consulting team to advise trustees on de-risking strategies.

IRELAND - Ireland's defined-benefit pension schemes risk closure because they cannot meet the "draconian" minimum funding standard set by the Pensions Board, employers claim.

Increased public interest in shareholder activism following the financial crisis has increased pressure on trustees to give members more information on stewardship, Aviva Investors warns.