News

US - The California Public Employees' Retirement System (CalPERS) has added Morocco to its list of permissible emerging markets for public equity investments based on a Wilshire Associates report reviewing 27 countries.

NEW BRIDGE Street Consultants is set to transfer their pension actuarial and consultancy services to Barnett Waddingham.

IRELAND - The €18.8bn National Pensions Reserve fund (NPRF), Ireland's state pension reserve fund, has awarded a mandate to JPMorgan Worldwide Securities Services to provide alternative asset fund services.

INDIA - Calls have been made for greater liberalisation of the country's pensions industry.

SCOTTISH Widows Investment Partnership has tempted back Henderson Global Investors head of credit Gareth Quantrill to a new role in fixed income.

AUSTRALIA - Mariner Financial has announced its intention to expand into the institutional market with the appointment of James Panaretos as head of institutional sales.

LONDON'S share of global hedge fund assets more than doubled between 2002 and 2006, research by International Financial Services London reveals.

UK - Independent pension adviser Ros Altmann has urged the Government to properly compensate the victims of pension scheme wind-ups.

PENSION BILL amendments could force the government to provide pension wind-up victims with a PPF level of compensation.

THE BRITISH Tourist Board‘s Staff Pension and Life Assurance Scheme has hired Hymans Robertson to provide investment advice.