News

US - Institutional investors have urged the US Senate today to enact federal legislation to curb pollution causing global warming.

THE trustees of the International Flavours & Fragrances UK Pension Plan and the Bush Boake Allen Pension Scheme have appointed Buck Consultants to provide investment services.

NETHERLANDS - ABP has released results for 2007 which show the fund managed to successfully avoid many of the negative effects of the credit crisis but posted below average returns.

NETHERLANDS - Hermes will today ask for an injunction to have preference shares issued by Dutch semiconductor equipment maker ASM International (ASMI) withdrawn.

AUSTRALIA - Almost half of Australians believe that superannuation is too complicated to understand properly, according to a report from the Australia Institute.

INCLUDING: US - Ohio retirement system appointment; EUROPE - Pioneer appoints head of consultants; EUROPE - Mirae establishes European presence; NETHERLANDS - Patrick Dunnewolt joins Mn Services

ENVIRONMENTAL, social and corporate governance issues are critical to the security and long-term viability of pension schemes, the London Pensions Fund Authority told delegates.

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