News

UK - A deadlock has developed between trustees at J Sainsbury plc's pension scheme and Delta Two Limited, the Qatari-backed investment group which has approached the retail group.

GOVERNMENT consultation on regulations allowing direct self-investment of protected rights has been welcomed by the industry.

UK - Staffordshire County Council pension fund has issued a tender for a specialist currency manager.

Crisis far from over, warns leading banker; Volatility affects 130/30 funds; London house prices mirror cool August; Renewed pressure to alleviate risk

ASIA - PACIFIC - Mercer Investment Consulting has beefed up its responsible investment (RI) capability in the Asia-Pacific by appointing Helga Birgden to lead its RI business unit in the region.

AUSTRIA - F&C Investments has introduced a total of 16 mutual funds investing across different asset classes into the Austrian market.

UK - Global Pensions has learnt that Pensions Corporation has entered into an exclusive deal worth £700m for a company within the UK manufacturing sector.

THE Pensions Regulator started legal proceedings against two schemes which had long outstanding levy payments.

INCLUDING: CHINA - No sell out; UK - Private equity has a conscience; US - Ohio stumbles over divestment

MORLEY has appointed two managers to its European property team in response to growing demand for the asset class.