News

Standard Life Investments has expanded its fixed income team with the appointment of Andrew Fraser as investment director - banking.

Defined contribution pension funds have returned to the value they were before the recession started in September last year, Aon Consulting figures show.

US - CalSTRS is set to review its global equity mandates and will make changes "as necessary" in the wake of losses in excess of 30% last year, the scheme outlined in its 10-year investment plan.

US - The Missouri State Employees Retirement System (MOSERS) has become the first public pension fund to comment against the Securities & Exchange Commission's proposal to ban the use of placement agents.

AUSTRALIA - Telstra Super has hired Martin Currie Investment Management to run a global alpha ex-Australia mandate.

GLOBAL - Corporate pension schemes are lagging behind other categories of asset owners in signing up to the United Nations Principles of Responsible Investment, a consultant claimed.

UK - Pension Corporation is considering an initial public offering as pension plan deficits soar, a source familiar with the matter confirms.

Corporate pension schemes are lagging behind other categories of asset owners in signing up to the United Nations Principles of Responsible Investment, a consultant claims.

Pension Corporation is considering an initial public offering as pension plan deficits soar, a source familiar with the matter confirms.

Half of firms say they plan to close defined benefit pensions