There will be no news alert on 8 September as the GP staff will be attending the Global Pensions Transition Management Forum.
ITALY - Fondo Previdenziale Pegaso, the pension fund for employees in the Italian utility services, has hired State Street Global Advisors to run a €60m (US$76m) active fixed income mandate.
MSCI has launched a set of worldwide indices allowing investors to more effectively benchmark their environmental, social, governance performance.
Dutch firm Royal Philips Electronics is selling its entire stake in NXP Semiconductors to its UK pension fund.
NETHERLANDS/UK - Dutch firm Royal Philips Electronics is selling its entire stake in NXP Semiconductors to its UK pension fund.
Schemes could "considerably" reduce longevity basis risk by utilising index-based longevity hedges, academics say.
The Organisation for Economic Co-Operation and Development has encouraged the International Accounting Standards Board to review the definition of DB and DC plans as they relate to international accounting standards.
GLOBAL - The Organisation for Economic Co-Operation and Development has encouraged the International Accounting Standards Board to review the definition of DB and DC plans as they relate to international accounting standards.
Investec Asset Management said it's selling government bonds and betting U.S. interest rates will rise as concern economic growth is faltering is "overdone".