News

Hedge fund managers resigned to falling fees; Evidence for flight to ETFs; Hedge fund plan splits opinion

CANADA - The Ontario Municipal Employees Retirement System (OMERS) has signed an agreement to invest in low-cost wireless carrier BMV Holdings (BMV), in a private equity deal worth up to CAN$50m (US$41.7m).

GLOBAL - The influence of pension and sovereign funds in global markets is set to increase in 2009 to the detriment of hedge funds and investment banks, a research by Watson Wyatt has revealed.

The influence of pension and sovereign funds in global markets is set to increase in 2009 to the detriment of hedge funds and investment banks, Watson Wyatt research reveals.

GLOBAL - Signatories to the UN's Principles for Responsible Investment (UNPRI), including pension funds APG, CalPERS, the New Zealand Superannuation Fund and the CPPIB have written to 130 companies to push for better reporting of corporate responsibility....

ITV is looking at a range of options to reform its pension scheme, Professional Pensions has confirmed.

US- James (Jim) Lee, chairman of the board of the US$80bn Texas Teachers' Retirement System (TRS) resigned last week in order to launch a new business venture.

GLOBAL - Pension funds believe investment management fees are too high and need to come down, a study by bfinance has found.

THE Professional Oversight Board is set to consult on additional quality assurance requirements for actuaries.

GLOBAL- FTSE has launched a dozen indices providing exposure to emerging markets real estate securities.