Led into temptation; Gurkhas lose equal pensions battle; Into a new age of pensions
The Cardiff and Vale of Glamorgan Pension Fund has appointed Aberdeen Asset Management to run a £25m emerging market equities brief.
GLOBAL - ETFs are experiencing explosive product growth and offer untapped potential for institutional investors, according to a State Street report.
ITALY - Fondenergia, the pension fund for the Italian energy sector employees, has awarded a €760m (US$1.1bn) risk-overlay mandate to Feri Institutional Advisors, marking the largest institutional mandate for the advisor in Italy.
NETHERLANDS - The implementation of the Directive on Alternative Investment Fund Managers (AIFM) in its current form could result in an annual loss of around €1.5bn (US$2.2bn) for Dutch pension funds, and a reallocation into more traditional asset classes,...
Making pensions compulsory is the only way to solve the burgeoning retirement provision crisis, a poll of employers reveals.
Dissatisfied institutional investors launched a spate of managerial reviews as returns flagged during the first half of 2009, research from bfinance reveals.
GLOBAL - Dissatisfied institutional investors launched a spate of managerial reviews as returns flagged during the first half of 2009, research from bfinance revealed.
GLOBAL - Pension funds look set to fall tantalizingly short of enjoying their best year of investing in hedge funds since 1999, although any gains from 2009 will be welcomed after the alternative asset class suffered its worst ever losses the year before....
Business model alignment with Ucits IV will compel companies to improve their operating models, Ernst &Young says.