News
Appointments
Hermes has appointed Fred Cleary as director, government bonds within its fixed income team.
05 January 2010
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Hedge Funds
US - Goldman Sachs Asset Management said it would not raise the base fee on its Global Tactical Asset Allocation fund back to its original level until the start of next year.
04 January 2010
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Socially Responsible Investing
FRANCE - France's reserve fund the Fonds de Réserve (FRR) pour les Retraites has terminated Dexia Asset Management from a socially responsible investment (SRI) mandate due to poor performance.
04 January 2010
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North America
US - Goldman Sachs Asset Management said it would not raise the base fee on its Global Tactical Asset Allocation fund back to its original level until the start of next year.
04 January 2010
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Consultants
Towers Perrin and Watson Wyatt have completed their $4bn (£2.47bn) merger, creating their new firm Towers Watson.
04 January 2010
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Defined Contribution
More than a quarter of employees are worried about their company pension scheme's performance or have opted not to join it over performance fears, research shows.
04 January 2010
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Defined Benefit
Millions could retire into poverty unless the government establishes a standing commission to address inadequate private sector pension provision, the Association of Consulting Actuaries warns.
04 January 2010
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US
US - Towers Perrin and Watson Wyatt have completed their US$4bn merger, creating their new firm Towers Watson.
04 January 2010
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Defined Benefit
Defined benefit schemes experienced an increase of more than £170bn in total deficits in 2009, marking the worst year on record, Pension Capital Strategies says.
04 January 2010
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