US - Former TCW chief investment officer Jeffrey Gundlach has lured more than 30 members of his old fixed income team to his new firm DoubleLine.
US - Total assets at the California Public Employees' Retirement System returned to US$200bn yesterday, a $40bn increase from its March lows, the pension fund said.
Scott Wilson Group has reported a tripling of its defined benefit scheme deficit over the past six months after declining corporate bond yield rates caused accounting valuations to soar.
The Society of Pension Consultants has condemned the delay to the introduction of personal accounts and said the move "belies confusion and indecisiveness on the part of the government".
Swiss Re has confirmed it was the counterparty behind a £750m longevity swap with the Royal County of Berkshire Pension Fund.
UK - Swiss Re has confirmed it was the counterparty behind a £750m (US$1.2bn) longevity swap with the Royal County of Berkshire Pension Fund.
SEI has teamed up with RiskMetrics Group to provide independent risk management and reporting services to clients.
BA pensions under threat as deficit reaches £3.7bn; One bidder left to run retirement plan
Watson Wyatt has hired Paul Herbert from Hewitt Associates to its expand its defined contribution investment team.
GLOBAL - Asset managers and pension plan sponsors are putting working on putting more focus on stress testing and identifying the underlying drivers of risk and return across asset classes in a major overhaul of risk management practices, a new survey...