GLOBAL - HSBC Global Asset Management has launched a New Frontiers fund to institutional investors.
THE London Borough of Hammersmith & Fulham Superannuation Fund has selected Baring Asset Managemnent and Ruffer to run dynamic asset allocation briefs worth £120m.
Shares gloom leaves pension funds with £30bn deficit; £500m to help police pensions; Growing ranks of elderly add to costs dilemma; Unite becomes a transatlantic force
SWITZERLAND - AXA Private Equity has opened an office in Zurich to strengthen its international presence and links with Switzerland-based AXA Wintherthur.
THE final member of a small self-administered scheme had to pay penalty tax charges after he tried to take £225,000 as a tax-free lump sum.
CARDANO has hired Rakesh Girdharlal to boost its London-based solutions team.
US - The gap between retirement needs and employee savings behaviors is widening, a study by Hewitt has revealed.
NETHERLANDS - Shell Asset Management (SAMCo) has appointed JPMorgan to provide pooled asset servicing for its pension funds.
IRELAND - Hewitt's Irish managed Fund Index (IMFI) measuring pension fund performance was down 21% over the last 12 months, the consultancy has announced today.
THE number of people enrolled in occupational pension schemes fell by 400,000 in 2007, official figures show.