News

THE National Association of Pension Funds has urged the chancellor to issue more long-dated debt.

ORTEC has appointed Andrew Slater as managing director of its UK office in a bid to expand its business outside of the Netherlands.

PENSION funds looking to invest in hedge funds should hold off until there is greater stability and current redemptions play their way through the system, Watson Wyatt says.

AVERAGE trustee salaries are increasing as the role becomes more onerous, Mercer says.

INCLUDING: US - CalSTRS CEO joins Ceres board; UK - Hermes appoints associate director; UK - SSgA expands active equity team; GLOBAL - Oxford Management awarded CarbonNeutral certification

ISRAEL - Israel won't provide a "safety net" for pension savings eroded by the global financial crisis, the country's chief markets regulator said, rejecting a demand from the Histadrut labor union.

UK - JP Morgan's transition management business has expanded its global team and added additional fixed income capabilities.

UK - Consultancy firm ORTEC has confirmed moves to strengthen its presence in the UK, with the appointment of Andrew Slater as managing director of the UK office.

GLOBAL - Several US exchange traded funds (ETFs) providers are considering listing their products in Europe, due to a more flexible regulatory environment, a ETFs expert has claimed.

ITALY - Pension watchdog COVIP has intensified its supervisory activity after negative investment results were posted by the majority of Italian schemes.