News
South Korea
KOREA - Institutional investors with a combined US$2.5trn in assets under management have written Korea's Ministry of Justice asking it to refrain from introducing anti-takeover measures known as poison pills into its Commercial Code.
16 December 2009
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Sweden
SWEDEN - Swedish buffer fund AP1 has hired 12 small-cap equity managers, confirmed Peder Tiricke, senior portfolio manager in charge of external managers.
16 December 2009
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Investment
US - The Teachers Retirement System of Texas' (TRS) strategic partnership programme, which allows managers to provide proprietary research to the scheme alongside running broad asset management mandates, has returned 7.3% since its implementation a year...
16 December 2009
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Defined Contribution
Advice on group personal pensions should be paid for on a fee basis, even if employees receive no individual advice, the Financial Services Authority says.
16 December 2009
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Defined Benefit
International law firms Lovells and Hogan & Hartson are to merge.
16 December 2009
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Defined Benefit
Senior industry figures have expressed their disappointment over the government's refusal to take any further action to develop collective defined contribution schemes.
16 December 2009
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Press
Pension Corporation's deal for Cadbury fund adds twist to bid battle; JAL buoyed by pension pay-out vote
16 December 2009
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Bulk Annuities
Longevity hedge market growth in 2010 will depend on accurate risk pricing by schemes, Club Vita says.
16 December 2009
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United Kingdom
UK - The Cadbury Pension Fund has sought to boost its value to shareholders by completing a £500m (US$815m) buy-in insurance contract with Pension Insurance Corporation.
16 December 2009
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