News
Defined Benefit
US - AK Steel will top up the company pension fund with a US$75m payment during the first quarter of 2010.
26 January 2010
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New Zealand
NEW ZEALAND - The New Zealand Superannuation Fund said today it hired Milford Asset Management to manage an active domestic equities mandate.
26 January 2010
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Investment
Strong equity performance spurred a median 20.5% return for pooled balanced funds during 2009, latest BNY Mellon Asset Servicing CAPS figures reveal.
26 January 2010
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North America
US - Russell Investments has tapped two Barclays Global Investors executives formerly tasked with growing its ETF arm iShares to help Russell build out products related to the exchange traded funds business.
26 January 2010
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Defined Contribution
More than 40% of people aged 55 or above intend to opt-out of auto-enrolment after its introduction in 2012, B&CE research shows.
26 January 2010
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United Kingdom
UK - Lawrence Churchill is to leave his post as chairman of the Pension Protection Fund to become the first chairman of NEST Corporation, the trustee body overseeing the country's new personal accounts scheme.
26 January 2010
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Defined Contribution
Lawrence Churchill is to leave the Pension Protection Fund to become the first chairman of NEST Corporation.
26 January 2010
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Norway
NORWAY - Norges Bank has defended itself against accusations that it is falling well short of its ambitions as an ethical investor with regard to climate change.
25 January 2010
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