News

INCLUDING - GLOBAL - Crunch to continue; UK - New appointment at GSAM; NETHERLANDS - President of ECB speaks at conference; RREEF enters Cyprus; GLOBAL - Impact of commodities

THE BERKSHIRE Pension Fund has invested15m in the BlackRock UK Property Fund.

THE DORSET County Pension Fund has joined the Local Authority Pension Fund Forum - taking its membership to 44 funds.

Schemes are losing out on millions of pounds a year by failing to get the best prices on share trades, BidRoute warns.

UK - Local authority pension funds prefer fixed income specialists over a multi-manager approach, and favour processes and people over performance, according to new research from Fidelity.

FINANCIAL RISK MANAGEMENT has appointed JPMorgan Hedge Fund Services to provide fund administration and custody services to its funds of hedge funds.

Tax chiefs warn they will pay "close attention" to possible inheritance tax issues with pension schemes and lifetime transfers.

RCM, the active global equity arm of Allianz Global Investors, has signed up to the Principles for Responsible Investment initiative.

US - Merrill Lynch has launched a series of pension fund liability indices to measure performance on a daily basis, based on "typical" sample plans.

Independent financial advisers are failing to market their services effectively as most people do not believe impartial advice exists, Aegon claims.