News

HUNGARY - Hungary's shares fell for a third day, sending the benchmark BUX index toward its lowest closing level in nine months, as the bailout package for Ireland failed to quell concern other countries will need assistance.

NEW ZEALAND - The New Zealand Superannuation Fund posted its third straight monthly gain in October, growing by 2.7% thanks to strong rallies in global equities and fixed income markets.

UK - Nearly three-quarters of corporate executives running DB schemes say they will look to cut investment risk over the next five years, research finds.

UK - Russell Investments has given its transition management data from the last five years to the Inalytics Transition Implementation Performance Standards database.

Matrix Group; Towers Watson; Ruffer; Nikko Asset Management; the Association of British Insurers; London Pensions Fund Authority; Mercer

The National Association of Pension Funds has published guidance to encourage pension funds to sign up to the Stewardship Code or explain why not.

The Association of British Insurers has appointed Jonathan Davis as director of investment affairs.

Russell Investments has given its transition management data from the last five years to the Inalytics Transition Implementation Performance Standards database.

Don't rely on oil profits for pensions; Ireland must find €17.5bn from its pension fund and reserves for bailout

Nearly three-quarters of corporate executives running DB schemes say they will look to cut investment risk over the next five years, research finds.