News

THE £1.3BN Suffolk County Council Pension Fund has reappointed State Street to provide it with an integrated range of investment services.

THE VERDICT in the Pensions Action Group judicial review case is due to be released tomorrow.

EUROPE - Projected hikes in pension spending has left Greece, Hungary, Portugal, Slovenia and Cyprus most at risk of losing sustainability of their public finances, a European Comission report has found.

PENSION and employee benefits group Xafinity has rebranded its individual businesses.

JAPAN - Japanese institutional investors' allocation to private equity is set to triple within the next two to five years, Swiss private equity manager Adveqa has claimed.

UK - Standard Life Investments (SLI) saw its institutional sales increase by 24% to £3.3bn over 2006, while assets under management rose 11%.

ROWANMOOR Pensions has opened a regional office in London as part of its expansion plans.

BARCLAYS slashed the deficit in its UK final salary scheme by more than £2bn in 2006, latest company figures reveal.

UK - Pension funds are awarding nearly seven times more high-alpha and specialist bond mandates in 2006 as traditional bond mandates plummet, Watson Wyatt Investment Consulting has claimed.

AUSTRALIA - The Future Fund Management Agency has appointed former head of operations at BNP Paribas Securities Services Gordon McKellar to take up a similar role at the fund.