Gartmore shares have rebounded after the fallout from the suspension of star manager Guillaume Rambourg knocked its share price in early morning trading.
Gartmore has suspended high profile fund manager Guillaume Rambourg pending the outcome of an internal investigation in relation to trading breaches.
US - The boss of the company responsible for managing the pension assets of General Motors (GM) has quit, the US car manufacturer has said.
US - Fitch Ratings has downgraded Illinois general obligation (GO) taxable bonds to A- from A over concerns about the state's unfunded pension liabilities and fiscal gap.
NETHERLANDS - Dutch pension funds returned 14.6% in 2009 on the back of strong equities performance, data by State Street Investment Analytics revealed.
SWEDEN/ISRAEL - Four of the buffer funds in the Swedish pay-as-you-go pension system have cut their ties with an Israeli defense company on ethical grounds.
Visteon pensioners are meeting with pensions minister Angela Eagle today calling for an inquiry into the collapse of their pension scheme, the Visteon Pension Action Group says
The £910m Lincolnshire County Council Pension Fund has hired JLT Benefit Solutions to pursue a manager for a £150m portfolio of alternatives.
UK - The £910m (US$1.4bn) Lincolnshire County Council Pension Fund has hired JLT Benefit Solutions to pursue a manager for a £150m portfolio of alternatives.