INCLUDING: UK - House of Commons tender; UK - Enhanced ETFs launched; UK - LCP appointments
US - eSecLending has awarded securities lending exclusives of approximately US$84bn in US equity and non-US fixed income securities for the California Public Employees' Retirement System (CalPERS).
Annuity rates continued to slowly rise last month, latest figures show.
UK - The City and County of Swansea pension fund has issued tenders worth over £382m to manage the investment of six specialist active portfolios.
Local authority pension schemes are seeking more diversification from fixed income, research by Fidelity International shows.
GLOBAL - Several large pension schemes have expressed an interest in collaborating in a proposed class action case against entertainment giant Vivendi, according to UK firm, Securities Class Actions.
GLOBAL - Active currency managers face difficult conditions to deliver on a slew of new pension fund mandates, according to consultants.
Salary sacrifice has been available for some time but has become more popular recently as employers l...
GLOBAL - Pension funds should look out for distressed debt opportunities amongst credit crunch victims, claim industry experts.
US - The California State Teachers' Retirement System (CalSTRS) has launched a search for managers to enhance its currency management programme.