News

GLOBAL - Barclays Global Investors (BGI) has poached Nizam Hamid and Yvonne Sandford from Deutsche Bank's exchange traded funds-focused team, Global Pensions has learned.

UK - The Universities Superannuation Scheme (USS) saw £4bn (US$6.5bn) wiped off its value in Q1 as a result of adverse market movements, according to the fund's annual report.

UK - More than 1,000 protestors are expected to lobby the UK parliament today to demand a higher state pension for both today's pensioners and future generations, according to the Trades Union Congress (TUC).

EUROPE - The hedge fund industry needs to prioritise meeting capital adequacy requirements in order to overcome the current market environment, the Alternative Investment Management Association (AIMA) has said.

Andrew Sheen examines the increasing role played by indices in pension fund investment, as they adapt and evolve to fit the needs of every investor

US - New York City comptroller William C. Thompson, Jr. has revealed his office is exploring the use of the city's pension funds to invest in infrastructure, amid growing concerns economic development projects could be derailed by a weakening economy....

UK - Lehman Brothers UK pension fund has entered the Pension Protection Fund's (PPF) assessment period.

US - The funded status of the California Public Employees' Retirement System (CalPERS) could fall to as low as 68% by the middle of next year unless the scheme is able to turnaround a 20% loss on its value since 1 July, its actuaries have warned.

Pensions regulator to get more power to protect members; Owner-managers fear for pensions; Who foots the bill?; Pensions crisis as share falls leave company schemes facing cash shortage; Mayhem punctures pensions; Pensions crisis as share falls leave...

PRUDENTIAL has seen a 38pc increase in total annual premium equivalent sales in the first nine months of the year to £732m.