US - A group of institutional investors, shareholders in Lehman Brothers, have filed an amended complaint which names Lehman's former auditor Ernst & Young as an additional defendant.
GLOBAL - Institutional investors are showing increasing interest in active strategies following a first quarter of 2010 devoted to reassessing their asset allocations, BlackRock chairman and chief executive Laurence Fink said.
US - The US Department of Labor (DOL) has announced plans to make extra information available to sponsors charged with evaluating and selecting target date retirement funds for their employees.
GLOBAL - Institutional investors' search for managers grew globally by 22% last year and pension funds are likely to show more interest in liability driven investment, data from Mercer revealed.
Institutional investors' search for managers grew globally by 22% last year and pension funds are likely to show more interest in liability driven investment, data from Mercer reveals.
Higher earners £18,000 a year worse off; Couples must budget £600,000 for retirement
Pointon York has launched a corporate self-invested personal pension in conjunction with Old Broad Street Research and Præmium.
The Universities Superannuation Scheme has invested $135m (£89m) in the Neuberger Berman Secondary Opportunities Fund II.
UK - The Universities Superannuation Scheme has invested US$135m in the Neuberger Berman Secondary Opportunities Fund II.
Lane Clark & Peacock has promoted Ben Adams, Rob Guthrie, Paul Marsland, Richard Mills and Tim Marklew to partner.