All articles by Meagan Rees – Page 8
-
News
Leicestershire axes BGI in review
UK – The £2bn (€2.9bn) Leicestershire County Council Pension Fund has axed Barclays Global Investors as manager of a roughly £400m multi-asset class passive portfolio following a review of the scheme structure.
-
News
Church Commissioners shift to global equities
UK – The £4.9bn (€7.1bn) Church Commissioners – responsible for paying vicars’ pensions – saw an increased shift from UK equities to global equities in 2005, according to its annual report.
-
News
Bank of NY boosts European pensions team
EUROPE – SEI Investments (Europe) UK operations director Tony Pedley has quit to join the Bank of New York as head of European pensions client management.
-
News
Government actuary axed at UK coal schemes
UK – The Government Actuary’s Department has been axed as actuarial adviser to the two industry-wide Coal Pension Schemes with assets totalling £400m (€581m).
-
News
LPFA under attack in arms investments claims
UK – The roughly £3.5bn (€5bn) London Pension Fund Authority – which manages London mayor Ken Livingstone’s pension scheme – has more than £11m invested in some of the world’s largest arms manufacturers, according to the Campaign Against Arms Trade (CAAT).
-
News
UK regulator tackles ‘poor fund governance’
UK – Low standards of trustee knowledge and understanding, and “poor governance” plague many schemes, particularly smaller funds, the Pensions Regulator stated today in its medium term strategy report.
-
Features
Norway and Iceland missed out on pensions directive
The European Economic Area states of Norway, Iceland and Lichtenstein have seemingly been left out in the cold regarding the adoption of the European occupational pension funds directive. “The directive has not been passed in the Joint Committee for the EEA EFTA states,” according to a European Free Trade Association ...
-
News
EC tenders for savings market analysis
EUROPE – The European Commission has tendered a €400,000 contract for a comparative analysis of consumer long-term savings vehicles in the EU market.
-
News
BlackRock reviewing MLIM name
GLOBAL – BlackRock is reviewing the Merrill Lynch Investment Managers product brand name just months after absorbing it.
-
News
Sweden: ITP change to DC gets approval
SWEDEN – A new ITP defined contribution plan for white-collar workers is due to come into effect from 1 January 2007.
-
News
MEPs adopt asset management report
EUROPE – The European Parliament today adopted the Klinz report on asset management by a “clear majority”.
-
News
AEGON names Pension Network board member
NETHERLANDS – AEGON has appointed Martijn Tans to the management board of the AEGON Pension Network.
-
News
Hewitt to open Istanbul office
TURKEY – Global consulting firm Hewitt Associates is due to officially open an office in Istanbul in the summer.
-
News
S&P pension director Weiland joins Gissings
UK – Alex Weiland, a pension services director at rating agency Standard & Poor’s, has quit to become investment chief at employee benefit advisory firm Gissings.
-
News
LGIM gains £1bn of institutional assets a month
UK - Legal & General Investment Management has pulled in more than £1bn (€1.4bn) of new institutional business per month during the first quarter, amounting to £5.6bn in total.
