News

A GOVERNMENT review looking at using assets from schemes in wind-up to help compensate people who lost their pensions has started.

UK - Asset management firm CQS has announced the appointment of Chris Cooke to its seven-person marketing and investor relations team.

RISING life expectancy has added £30bn to UK pension scheme liabilities in just two years, analysis by accountants KPMG reveals.

UK & NETHERLANDS - The asset management divisions of ABN AMRO and Barclays will not be merged, said a spokesman after the terms of the merger of the British and Dutch banking giants were announced.

EUROPE - First State Investments has announced the launch of the First State European Diversified Infrastructure Fund.

CANADA - Three more Canadian pension funds may have put themselves in line for slice of the Bell Canada Enterprises (BCE) pie, but have sidestepped the Ontario Teachers Pension Plan (OTPP) bid in favour of private equity firms.

JAPAN - The Japanese government has been engaged in debate over a state investment fund to manage its US$909bn in FX reserves and improve long term returns.

GLOBAL - Watson Wyatt's global practice director, Roger Urwin, has stressed the value played by governance in effective pension management.

FIRST State Investments is to launch an infrastructure fund for institutional investors.

UK & NETHERLANDS - The asset management divisions of ABN AMRO and Barclays will not be merged, said a spokesman after the terms of the merger of the British and Dutch banking giants were announced.