News

INCLUDING: UK - Buck Consultants appoints new Actuary; UK - Fortis Investment announces nine new hires; ASIA - Investment opportunities in under-valued Korean firms

US - The California State Teachers' Retirement System (CalSTRS) has launched a search for a real estate consultant to work for the scheme's investment committee.

UK - Pensioners who saw their company pensions disappear will be confronting Labour ministers at their annual conference tomorrow in Bournemouth.

EUROPEAN business school EDHEC has created a new research chair in partnership with AXA Investment Managers to investigate the subject of regulation and institutional investment

Royal Mail set to close its final salary pensions to all employees; Governance code has led to ‘20%' fewer directors; Trustees should learn from practitioners; Default funds spark concerns

MEMBERS of the Pensions Action Group will protest at the Labour Party conference in Bournemouth tomorrow.

GLOBAL - Institutional investors believe the fallout from the credit crunch will spread to other asset classes and many have moved to mitigate their exposure, according to research by Greenwich Associates.

British Airways Pension Fund has embarked on plans for a £30m industrial development in west London.

J Sainsbury has opened its books to Qatari investment fund Delta Two, clearing the way for a meeting with the pension fund trustees.

INCLUDING: UK - Martin Currie deal; GLOBAL - Difficulties for hedge funds UK - NAPF appointments;