News

GLOBAL- THE Alternative Investment Management Association (AIMA), has produced a new set of due diligence questionnaires (DDQs) for pension fund trustees and those investing or servicing the hedge fund industry.

US - The Jacksonville Police and Fire Pension Fund has purchased a former AOL office building for US$16.5m, using in-house staff to negotiate with the media giant.

HSBC has formed a new business dedicated to institutional defined contribution scheme administration.

LANE CLARK & PEACOCK has been appointed to provide investment advice to the Thomas Miller & Co Retirement Benefits Scheme.

Business advisory firm Deloitte has poached Andy Green from Mercer Investment Consulting.

Former Scottish Widows Investment Partnership chief executive Chris Phillips has died of hypothermia during a walking holiday in Spain.

GLOBAL - JP Morgan has launched two new investment tools designed to help investors boost risk-adjusted returns.

Scheme members will be poorer in retirement if plans to scrap guaranteed pension increases go ahead, a campaign group has warned.

GLOBAL - Hedge funds will soon make up over 10% of the conventional institutional investor's portfolios as the vehicle continues to evolve, according to the latest Vision report released by State Street.

UK - Northumberland County Council Pension Fund has embarked on a search for two managers in active global equity fund management.