News

US - The Idaho Public Employee Retirement System (PERSI) ended the fiscal year at US$10.9bn having dropped -4.2% in 12 months.

Pensions minister steps into row over ASB proposals; Pension funds switch from equity; Private equity firms say pension reforms will hit economy; Research sheds light on how to diversify

Portugal's third pillar system has come under fire from the pension industry, with insiders questioning the need for a publicly-funded third pillar in competition with private options.

PUNTER SOUTHALL has launched a projected longevity generator in a bid to help trustees and sponsoring employers choose appropriate assumptions.

THE £330m Royal Borough of Kingston upon Thames Pension Fund is restructuring its entire portfolio following an investment review.

DENMARK - Danish pension fund giant ATP is looking at launching further into China, after its chief executive returned from a trip to the country earlier this week.

UK - Industry leaders in the UK have welcomed the Association of British Insurers' (ABI) report on insolvency risks and the role of sponsors' covenant as a "useful first step" but cautioned there is still a long way to go for it to be entirely useful....

GLOBAL - Crédit Agricole Asset Management (CAAM) has launched an equity fund focused on the agricultural sector.

THE Prosper De Mulder group pension scheme has appointed Mercer for services including strategic asset allocation advice and implemented investment manager selection.

UK - Capital requirements for pension fund buyout providers could force some players off the field as major investors look for better returns on their limited liquid outlay.