News

Gloabl - A report from the OECD has pointed to the potential of pension fund money in the development of global infrastructure.

UK - A group of hedge fund bands are set to rock Café de Paris in London in aid of disability charity ALTSO.

US - The Californian Public Employees' Retirement System (CalPERS) second manager development programme, a niche fund in the plan's portfolio (MDPII), will benefit from increased flexibility to enter emerging markets.

US - Tyco International has agreed to pay out US$3bn in a class action settlement to investors including the Teachers Retirement System of Louisiana and Louisiana State Employees Retirement System.

NETHERLANDS - PGGM has agreed to invest up to $100m with Behringer Harvard in a geographically diverse portfolio of apartment communities in US metropolitan areas.

UK - Watson Wyatt have told pension funds that as long term investors they could benefit most from an environmental, social and governance (ESG) approach to investing.

BVCA chief rebuts fears of ‘bubble'; RM cuts pension deficit in half; Heavyweight unions wade into contest with ‘list of issues'; Amro and bidders forced to release papers

UK - Consultancy firm bfinance has claimed the figure of 25% of local government pension schemes with some form of active currency allocation is set to "grow considerably".

THE NETHERLANDS - Aegon has partnered up with A&O Fondsmanagement to supply its administration for small to medium pension's schemes.

JPMORGAN Asset Management won 27 UK pension scheme mandates in the first quarter of 2007, the company says.