Latest News
Italian pension funds warn members against divestments during market volatility
DC funds engage in communication effort after recording negative performances
UK DB pension scheme funding proposal ‘risks corporate insolvencies, asset fire sales’
Consultants warn on ‘dramatic’ impact of new UK DB pension scheme funding rules as DWP proposal raises insolvency risks
Insurers ‘stretched’ as UK pension de-risking demand rises
More than £12bn worth of bulk annuity transactions were reported in the first half of 2022, according to EY Parthenon
LPX launches first listed direct lending debt index
Performance benchmark is a stock index based on market prices, allowing for direct comparison with other indices
Carney to chair Brookfield’s asset management unit
Canadian firm spins out Brookfield Asset Management to manage the firm’s $750bn assets
Aviva’s move into BPA market proves profitable
Aviva is already a significant writer of UK bulk annuity business, ranking in the top four in 2020
People moves: HSBC AM appoints Douin head of Nordics institutional business
Karmali heads HSBC institutional business for Middle East and Africa
Norway’s SWF joins ESMA in call for pragmatism in EU corporate sustainability rules
NBIM advocates fewer disclosure metrics and more focus on key data likely to be valuable to users
Icelandic pension fund foreign allocations shrink after H1 rout, stronger krona
Pension funds hit by 5.4% investment loss in first half of 2022, with foreign assets alone losing 14%, central bank data show
TPR reviews tender process for fiduciary management services
Introducing these regulations ‘should not place an additional burden on schemes,’ says Fairs
AP4, PFZW win plaudits for transparency in international pension fund ranking
Canada’s CPP Investments ranked as most transparent pension fund overall, while PFZW, AP4 assessed as most open pension fund on costs, responsible investment
PFA sues Meta, alleging firm gave market misleading information
Danish pension fund says US social media giant has duty to prevent proliferation of misinformation or harmful content
Fondazione Enasarco to invest €500m in Italian bonds
One of the goals of the new strategy was is to cut real estate and increase exposure to liquid asset classes such as bonds and equities
AXA Switzerland issues $200m leveraged loans tender
Plus: Corporate scheme seeks manager for large-cap equity
German state scheme sees contributions increase to €133bn in H1
Expenses for the first pillar scheme stood last year at €341.60bn, up from €288.98bn in 2020
