International

Northern Trust names head of new representative office in Seoul

Byun Jai Yung was appointed chief representative of Northern Trust’s newly opened representative office in Seoul.

October 20, 2014 | 02:25 pm

Buck Consultants taps DC head for the U.K.

Sue Curley joined Buck Consultants as head of defined contribution trust based services in the U.K., said a spokeswoman.

October 20, 2014 | 02:23 pm

AP2 to divest from coal, oil and gas companies

AP2, Gothenburg, Sweden, is to divest from coal and oil and gas production companies to reduce its financial risk in fossil-fuel-based energy, said a spokeswoman.

October 20, 2014 | 02:19 pm

Florida SBA sells private equity stakes to Partners Group

Florida State Board of Administration, Tallahassee, sold its stakes in eight limited partnerships in which it invested a combined €314.8 million ($401.5 million) in European private equity, John ...

October 17, 2014 | 03:15 pm

Mercer's fiduciary management head to join Winton Capital

Daniel Melley will join London-based hedge fund Winton Capital Management, said a spokesman for the firm.

October 17, 2014 | 09:34 am
EIOPA chairman calls for more governance, transparency

EIOPA chairman calls for more governance, transparency

A simpler set of products from the pensions industry could lead to less stringent regulation, said Gabriel Bernardino, chairman of the European Insurance and Occupational Pensions Authority.

October 17, 2014 | 02:45 pm

U.K. pensions minister addresses charge cap at NAPF conference

The U.K. government will launch its command paper Friday setting out details of how it will cap charges on default pension plans, said Steve Webb, minister for pensions.

October 16, 2014 | 02:42 pm

U.K. Pensions Regulator prepares for smaller companies to start auto enrollment

The U.K.’s pensions watchdog expects to be forced to increasingly exercise its statutory powers against employers that fail to comply with automatic enrollment requirements as small businesses...

October 16, 2014 | 01:45 pm

Mercer’s U.K. head of fiduciary management resigns

Daniel Melley resigned from Mercer as partner and U.K. head of fiduciary management, said a spokesman for the consultant.

October 16, 2014 | 01:36 pm

PIMCO promotes manager to lead Asia strategies

Luke Spajic was named by Pacific Investment Management Co. to run its portfolio management effort in Asia.

October 15, 2014 | 04:30 pm

Ofcom completes total pension buy-in with Legal & General

Ofcom, London, agreed to the final pension buy-in with Legal & General in a series of deals over the past six years to cover all £250 million ($398.7 million) of pension liabilities across its...

October 15, 2014 | 04:10 pm

Texas County & District puts $50 million in Asia private equity

Texas County & District Retirement System, Austin, committed $50 million to Baring Asia Private Equity Fund VI, said Russ Rhea, spokesman for the $23 billion pension fund, in an e-mail.

October 15, 2014 | 02:04 pm

Germany's BVK favors buyout, hedge funds

Germany’s biggest public pension fund plans to invest more in private equity and hedge funds and reduce its bond holdings as low interest rates curb returns.

October 15, 2014 | 01:51 pm

NAPF chairman wants more clarity on U.K. DC savings changes

The U.K. government must communicate with the industry and clarify issues around its pledge to increase freedom and choice in defined contribution plans to help the money management and pensions...

October 15, 2014 | 01:29 pm
Geldof makes case at NAPF conference for new areas of pension fund investment

Geldof makes case at NAPF conference for new areas of pension fund investment

The case for investing in new markets and asset classes is stronger than ever, given "ridiculous" bond yields, said Sir Bob Geldof, musician, business entrepreneur and political activist.

October 15, 2014 | 12:26 pm