As the Netherland's biggest pension fund looks to follow PGGM in splitting its administration and asset management from its pension fund, Keren Holland talks to ABP director Olaf Sleijpen
DENMARK - Finanssektorens Pensionskasse (FSP) has doubled its allocation to high yield debt from 4% to 8% of scheme assets.
US - The State of Michigan is suing manufacturer Tyco International, its auditors and four former executives for over US$50m in losses to state pension funds.
GLOBAL - The United Nations Foundation and Ceres are to host hundreds of global institutional investors this week in a discussion aimed at moving forward the climate risk agenda.
SCANDINAVIA - Scandinavian pension funds are amongst the top investors in exchange traded funds (ETFs), according to Deutsche Bank.
AEGON Asset Management is to take over the running of its Scottish Equitable Property Fund from Morley Fund Management.
THE Hitachi Europe Pension Scheme has appointed HR Trustees to act as its professional trustee.
NETHERLANDS - Mercer has appointed former PGGM head of alternative beta, Jelle Beenen, as head of investment strategy consulting in the Netherlands.
UK - The Atkins Pension Plan has shifted around 1,700 members to its defined contribution (DC) pension scheme after it closed two of its defined benefit (DB) sections to future accrual, according to MandateWire.
Elizabeth Pfeuti looks at hedge fund replication vehicles to see how they compare to the hedge funds they endeavour to copy and the funds of funds whose client base they wish to share