News

FINLAND - Aberdeen Property Investors has announced the investment of US$75m from the Finnish Local Government Pensions Institution (LGPI).

UK - The £4.3bn (US$8.45bn) Merseyside Pension Fund has placed over 10% of its assets out to tender in unconstrained UK equities strategies, including 130/30 and portable alpha.

GLOBAL - The market for responsible and ethical investments is set to explode to over €500bn (US$788bn) by 2014 but the sector may risk a 'green bubble burst' if sufficient care is not taken, a new report has warned.

Including: UK - Punter Southall urges caution over buyouts; US - WR Grace to add $24m contributions

THE majority of local government schemes have successfully integrated the Myners Principles into their governance structures, delegates heard.

A GROUP of investors has called on the US Senate to enact strong federal legislation to curb the pollution causing global warming.

UK - North Yorkshire County Council has placed two mandates out to tender, worth over £300m (US$589m).

P&O FERRIES has appointed software administrator eShare to provide its pension scheme with a governance solution to improve management processes.

UK - Global Pensions is hosting the Currency Management Forum London 2008 on Wednesday, 4 June at the Hilton London Tower Bridge Hotel.

MIRAE Asset Global Investments has launched its European business following the appointment of two London executives.