News

NETHERLANDS- The Pensioenfonds Horeco & Catering (PH&C), the occupational pension fund for the Dutch hospitality and catering industry, has hired RCM to manage a European small-cap equity mandate, a maiden investment for the fund.

UK/US- Barclays announced today the sale of its iShares ETF business for US$4.4bn to private equity firm CVC Capital Partners.

Following the volatility in currency markets, investors have returned to hedging and are looking at ways of reducing risk, as Raquel Pichardo-Allison reports

Sebastian Cheek investigates the routes that investors are taking as they search for new ways to reduce liabilities in a volatile market

GLOBAL- Mergers and acquisition activity has slowed in 2009, despite banks and insurers shedding their asset management units to raise cash, a study by Jefferies Putnam Lovell reveals.

SLOVAKIA - Over 11,000 workers left private pension schemes and opted to return to the state system last year as unease over the global financial crisis grew.

US- Jon Bauman has resigned as executive director of the Teachers' Retirement System of the State of Illinois one week after state pension reforms called for him to leave the fund in July.

UK- Insurance giant Aviva is to make staff across its UK operations contribute to their defined contribution pension fund for the first time.

The total FTSE350 pension deficit has ballooned from £163bn to £182bn in the first three months of the year, Hymans Robertson says.

Pension fund managers should only invest in companies where they are fully satisfied about the long-term potential for business, a report argues.