News

NORTH Yorkshire County Council has gone out to tender for overseas equity and global property mandates.

GLOBAL - Private equity investments outperformed major benchmark indices over the past 20 years, with average excess returns of at least 3%, according to new research by analysts Capital Dynamics.

Private equity returns outstrip equities; Schemes press ExxonMobil to split roles; CBI: Labour should not make business the 'fall guy' as economy weakens

UK - The Local Authority Pension Fund Forum (LAPFF) has welcomed energy company BG Group's agreement to set external targets to reduce its greenhouse gas emissions following three years of discussions.

THE ITN Pension Scheme has appointed Equiniti to administer its 1600 member pension scheme.

UK - Leicestershire County Council has decided to eliminate the bond portfolio of its £2.17bn (US$4.24bn) pension fund and change to a target return mandate instead.

LEICESTERSHIRE County Council is set to move out of bonds in order to increase its targeted return portfolio.

INALYTICS has launched a service to analyse the performance of 130/30 fund products.

SWITZERLAND - Hewitt Associates has promoted Urs Schaffner to managing director of its Swiss office.

BARING ASSET MANAGEMENT is set to launch a global agriculture fund in a bid to provide investors with long-term capital growth.