News

US - The heads of Goldman Sachs Asset Management's quantitative investment strategies (QIS) team - responsible for the firm's famed Global Alpha hedge fund - have resigned.

Hermes has appointed Bridgepoint to take on the management of Hermes Private Equity's £550m direct investment private equity portfolio.

Mercer has appointed Mike Williams as a principal and head of change management in its outsourcing business.

NETHERLANDS - ABP's recovery plan risks job losses and will cost the Dutch government over €500m (US$662m) a year, the ministry of home affairs and kingdom relations has warned.

GLOBAL- Global asset managers have invested over US$300bn in sustainable investment assets in emerging markets, Mercer and the International Finance Corporation report.

Barclays is in exclusive talks with private equity firm CVC Capital Partners over the sale of its exchange traded fund business iShares, a source familiar with the deal says.

KPMG has appointed law firm Wragge & Co to advise the trustees of its two pension schemes.

The Pension Protection Fund has reminded schemes the deadline for levy data submission is approaching.

Mercer has entered into a strategic alliance with the Staffcare flexible benefits technology platform to support its employee benefits and total rewards administration business.

B&B pension boost for ex-chief; Switching to gilts is short-sighted; Hermes in funds pact on private equity cash; Hermes returnee; M&S revolt becomes a very low-key affair