News
US
US - The City of San Diego pension plan administrator has called for decisions to be taken for the long term and not as a result to short term market dislocations.
15 January 2009
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US
US- The largest US state pension funds lost a combined US$865.2bn in the past year as drops in the equity markets chipped away at their market values, estimates The Center for Retirement Research at Boston College.
15 January 2009
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US
US- Tony Kao has stepped into the role of chief investment officer at General Motors Asset Management, spokeswoman Julie Gibson confirmed.
15 January 2009
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Uncategorised
THE search is now under way for the Pensions Personality of the Year 2009 - and once again we are asking you, our readers, to nominate candidates for the accolade.
15 January 2009
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Europe
EUROPE- Deutsche Bank plans to expand into the nascent Asian ETF business after strong European growth in its two-year old offerings.
15 January 2009
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United Kingdom
UK - Merseyside Pension Fund has provided 50% of the £30m (US$43.5m) seed funding for the Nomura RAFI global all country equity fund.
15 January 2009
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Press
Equitable Life victims face further delays; Man Group to sue all involved in Bernard Madoff scandal; Half of private equity profits stem from debt, study finds; $150bn withdrawn from hedge funds
15 January 2009
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Investment
THE government should take advantage of low yields and issue special pension gilts, Ros Altmann has urged.
15 January 2009
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US
US - Current economic conditions have 83% Americans worried about their ability to retire, a survey by the National Institute on Retirement Security (NIRS) has revealed.
15 January 2009
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Switzerland
SWITZERLAND - The sponsors of the CHF1.09bn (US$0.96bn) Caisse de Pensions de la Commune de Lausanne (CPCL) should inject CHF350m into the heavily underfunded scheme, according to a proposal put forward by the local government.
15 January 2009
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