News

US - The California Public Employees' Retirement System (CalPERS) has allocated a further $300m for emerging managers who have less than US$2bn in total firm assets.

Following its seventh bi-annual evaluation of investment research, Jenny Blinch talks to Peter Scales and Ivo Knoepfel of the Enhanced Analytics Initiative (EAI)

UK - Personal account charging structures should be simple, transparent and fair, according to research published by the Personal Accounts Delivery Authority (PADA).

UK - Two voluntary groups dedicated to raising the standard of pension schemes have announced they are to join together to maximise their impact and effectiveness.

NORWAY - The Government Pension Fund - Global only returned 4.3% in 2007, bringing its market value to NOK2019bn (US$390bn).

Heather Dale examines how fixed income has fared through recent market events and how pension funds are now using this core asset class

Marie Briere and Ariane Szafarz summarise the results of their recent study into 'crisis-robust' fixed income portfolios

GLOBAL - Institutional investors' appetite for hedge funds has increased, with pension funds favouring large, well-established outfits.

BARNETT Waddingham has bought Garvins, a Birmingham based actuarial firm, for an undisclosed sum.

SCHRODERS has reported an increase in pre-tax profit of 35pc to £392.5m driven by growth in its asset management division.