News
United Kingdom
UK - The Financial Services Authority (FSA) is set to end its ban on the short selling of stocks of UK financial sector companies.
06 January 2009
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Appointments
HYMANS ROBERTSON has hired four senior consultants in an expansion of its investment team.
06 January 2009
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United Kingdom
UK - Waterford Wedgewood's pension liabilities could be swept into the Pension Protection Fund (PPF) even if a buyer steps in to purchase the troubled company.
06 January 2009
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US
US - The Pension Benefit Guaranty Corporation (PBGC) has agreed to provide additional protection for Visteon Corporation's pension plan - covering more than 5,300 former employees of the automotive supplier's closed facilities in Connersville and Bedford,...
06 January 2009
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Defined Benefit
THE average UK pension fund achieved an estimated weighted average return of -9.8pc over 2008, BNY Mellon Asset Servicing estimates reveal.
06 January 2009
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US
US - Two new Mexico-based pension funds and the Baltimore Fire and Police retirement system are among the US-based investors burned by the alleged US$50bn Ponzi scheme run by Bernard Madoff.
06 January 2009
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Global
GLOBAL - Hedge fund manager CQS has achieved full compliance with all best practice standards monitored by the Hedge Fund Standards Board (HFSB).
06 January 2009
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Uncategorised
PUNTER SOUTHALL has proposed a five-point action plan designed to reduce the pressure on private sector defined benefit schemes.
06 January 2009
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Investment
THE Financial Services Authority is set to end its ban on the short selling of stocks of UK financial sector companies.
06 January 2009
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US
US - The San Francisco City and County Employees' Retirement System (SFERS) has gone out to tender for a search firm to help it replace executive director Clare Murphy, says deputy director for investments David Kushner.
06 January 2009
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