News

THE London Borough of Hammersmith and Fulham has gone out to tender for a dynamic asset allocation manager to run a £120m portfolio.

THE charging structure of personal accounts must be "proportionate, transparent and fair" if the scheme is to be accepted by the public, the Personal Accounts Delivery Authority says.

Premier Foods unveils £200m deficit; HSBC's American sub-prime loan write-offs hit $51m a day; US already in recession says Buffett

US - Active management of retirement schemes had become a key trend for 2008, according to a survey published by Hewitt.

Infrastructure experts say it offers diversification and safety from troubled markets. Andrew Sheen examines how pension funds can invest in the asset class

While it is slowly creeping into the collective consciousness, behavioural finance has a long way to go before it is adopted into the mainstream of investing. Andrew Sheen reports

Joseph Mariathasan throws a spotlight on asset allocation, asking who should be making the decisions and who is best qualified to give advice

THE £1.2bn North Yorkshire Pension Fund has appointed AllenbridgeEPIC Investment Advisers to provide it with independent professional advisory services on governance and compliance.

NEW ZEALAND - The New Zealand government has moved to ensure Auckland Airport remains in the country's control, following a partial takeover bid by Canada Pension Plan Investment Board (CPPIB).

AUSTRALASIA - Russell Investment Group has made two senior appointments to its Asia Pacific investment team.