GLOBAL - Pension funds have been returning to the UK property market in the wake of improving returns after the asset class lost almost half of its value in two years, industry figures said.
US - The board of the Fresno County Employees Retirement Association (FCERA) approved a search for a US large-cap growth manager after it terminated INTECH and a search for a US small-cap active equity manager to replace Brandywine.
Trustees of the EMI Group Pension Fund and Maltby Capital - the owner of EMI Music and EMI Music Publishing - have called in The Pensions Regulator to help resolve a dispute over funding and strategy.
Pension funds have been returning to the UK commercial property market in the wake of improving returns after the asset class lost almost half of its value, industry figures say.
Premier Foods is the latest company to be linked with a big-money longevity swap deal as it seeks to offload £2bn of longevity risk from its Rank Hovis McDougall pension scheme.
UK - Premier Foods is the latest company to be linked with a big-money longevity swap deal as it seeks to offload £2bn (US$3.1bn) of longevity risk from its Rank Hovis McDougall pension scheme.
The Church of England will discuss its future pension scheme strategy this week but will ignore its contentious 100% equity investment strategy, John Ralfe says.
Towers Watson has expanded its sustainable investment team with a senior hire from Mercer.
UK - Towers Watson has expanded its sustainable investment team with a senior hire from Mercer.
Schemes are increasingly shifting towards active strategies as market rallies pushed down fees in 2009 across most asset classes, latest bfinance research reveals.