News
Press
Lord Myners warns on City bonuses; UK banks face Basel pension pressure; Pension incomes drop 70% in a decade
10 February 2010
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Private Equity
US/UK - Russell Investments has sold Pantheon Ventures, its US$22bn private equity fund of funds manager, to Affiliated Managers Group for around $775m.
10 February 2010
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Private Equity
Russell Investments has sold Pantheon Ventures, its $22bn (£14.1bn) private equity fund of funds manager, to Affiliated Managers Group for around $775m (£500m).
10 February 2010
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China
CHINA - China Investment Corporation, the Chinese sovereign wealth fund, is using exchange traded funds to gain exposure to a diverse range of asset classes, according to a filing with the US Securities and Exchange Commission.
10 February 2010
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Corporate Governance
The Investment Governance Group is seeking industry feedback on steps to improve governance in defined contribution pension schemes.
10 February 2010
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Industry
People nearing state retirement age have the lowest savings of all over-55s, according to Aviva.
10 February 2010
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Industry
It is vital advisers check arrangements for clients who may be affected by the imminent change in the national minimum pension age, the Association of British Insurers says.
10 February 2010
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Law
US/EUROPE - US class action law firms have been engaging in fierce competition in order to get business from European pension funds in recent years.
09 February 2010
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US
US - California attorney general Edmund Brown has put pressure on the two largest California pension funds to "honour the state law" to divest from companies doing business in Iran.
09 February 2010
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US
US - Two companies have agreed to pay back a total of US$19m to resolve their roles in the ongoing investigation into pay-to-play practices at the New York State Common Retirement Fund (CRF).
09 February 2010
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