News

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.

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