News
US
US - The California Public Employees' Retirement System, the largest U.S. public pension, said private investment firms paid at least $125m to placement agents for help winning contracts to manage the fund's money.
15 January 2010
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Global
GLOBAL - Pension funds could be neglecting their fiduciary responsibilities by ignoring the growing opportunities in climate change-related sectors, an investment bank suggested.
15 January 2010
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US
US - The issuance of pension obligation bonds by cash-strapped governments is a risky move that can increase pension costs, a new report by the Center for State and Local Government said.
15 January 2010
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Global
GLOBAL - Hedge funds have posted their best year since 1999, but the average manager is still marginally short of recouping losses suffered during the credit crunch.
15 January 2010
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Mexico
MEXICO - Seven Mexican pension funds have invested a total of MXN3.42bn (US$268.6m) in the Macquarie Mexican Infrastructure Fund (MMIF), representing 66% of the fund's total assets under management.
15 January 2010
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Defined Benefit
Professional Pensions has launched a online poll in a further expansion of www.professionalpensions.com
15 January 2010
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Press
No more final salary pensions, says DSG as sales beat expectations; Millions set for council tax increases as black hole in local government pensions hits £60bn
15 January 2010
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Defined Benefit
The Local Government Pension Scheme's deficit could swell to £60bn this year if current trends continue, research from the Liberal Democrats reveals.
15 January 2010
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United Kingdom
UK - The Local Government Pension Scheme's deficit could swell to £60bn (US$97.8bn) this year if current trends continue, research from the Liberal Democrats revealed.
15 January 2010
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Appointments
David Bright has been appointed as chairman of the board at Capital Cranfield Holdings, succeeding Mike Anthony.
15 January 2010
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