News
US
US - The US$174bn California State Teachers' Retirement System (CalSTRS) has selected four investment managers to oversee the construction of a fund of funds for the scheme's $1.8bn US Equities Developing Manager Program.
11 February 2008
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Australia
AUSTRALIA - The world's leading institutional investors, including six pension funds, have been used as a model to develop best practices for all funds.
11 February 2008
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Securities Lending
While volatile trading conditions have generated money-making opportunities for pension funds in securities lending programmes, Rachel Alembakis discovers the cash reinvestment component of these programmes could be putting funds at risk
11 February 2008
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Corporate Governance
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
11 February 2008
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Denmark
DENMARK - Finanssektorens Pensionskasse (FSP) has doubled its allocation to high yield debt from 4% to 8% of scheme assets.
11 February 2008
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US
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.
11 February 2008
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Global
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.
11 February 2008
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Europe
SCANDINAVIA - Scandinavian pension funds are amongst the top investors in exchange traded funds (ETFs), according to Deutsche Bank.
11 February 2008
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Property
AEGON Asset Management is to take over the running of its Scottish Equitable Property Fund from Morley Fund Management.
11 February 2008
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Mandates
THE Hitachi Europe Pension Scheme has appointed HR Trustees to act as its professional trustee.
11 February 2008
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