International

Manchester, London pension funds partner to invest in U.K. infrastructure

Greater Manchester Pension Fund, Manchester, England, and London Pensions Fund Authority teamed up to commit up to £500 million ($755 million) to invest in infrastructure opportunities.

January 22, 2015 | 12:33 pm

U.K.’s USS loses co-head of public market manager selection

Luke Dixon resigned as co-head of public market manager selection at the Universities Superannuation Scheme, said a spokeswoman for the pension fund.

January 21, 2015 | 03:10 pm
Canada cuts key rate as oil shock clobbers inflation outlook

Canada cuts key rate as oil shock clobbers inflation outlook

The Bank of Canada became the first central bank in the Group of Seven to cut interest rates in response to plummeting oil prices, saying the shock will weigh on everything from inflation to business ...

January 21, 2015 | 02:56 pm

Royal London Asset Management appoints multiasset head

Trevor Greetham was named head of multiasset at Royal London Asset Management.

January 21, 2015 | 12:44 pm

Tennants Consolidated selects Buck as consultant for DB, DC plans

Tennants Consolidated Ltd. Pension Fund, London, hired Buck Consultants to provide general retirement plan consulting, actuarial, administration and secretarial services for its...

January 21, 2015 | 12:30 pm
CERN Pension Fund taps interim CEO as former head joins Lombard Odier

CERN Pension Fund taps interim CEO as former head joins Lombard Odier

Thierry Lagrange was appointed interim CEO at the European Organization for Nuclear Research Pension Fund, Geneva.

January 20, 2015 | 11:22 am

Shanghai stocks plunge 7.7% as regulators move to rein in margin trading

Shanghai’s high-flying stock market plunged 7.7% Monday after regulators moved to rein in a wave of margin buying that helped fuel a more than 60% surge by the Shanghai Stock Exchange Composite ...

January 19, 2015 | 05:10 am

Casualties from Swiss franc shock spread

Shares in the largest U.S. retail foreign-exchange brokerage slumped in pre-market trading and their opening was delayed in New York as upheaval caused by a surge in the Swiss franc rippled from New...

January 16, 2015 | 03:54 pm

Ontario Teachers snags CIC exec to manage private capital efforts in Asia

Olivia Ouyang joined Ontario Teachers’ Pension Plan in Hong Kong as director of the C$140.8 billion (US$117.9 billion) plan’s private capital efforts.

January 16, 2015 | 09:55 am

Principal Global Investors creates position to oversee international business

Kirk West has been named executive director-head of international offices with Principal Global Investors, a new position.

January 16, 2015 | 04:14 am

Afore Banamex taps 4 firms for Asian equities

Afore Banamex hired BlackRock, Pioneer Investments, Nomura Asset Management and Wellington Management to manage between $500 million and $600 million combined in...

January 15, 2015 | 01:44 pm
Swiss central bank scraps minimum linkup with euro

Swiss central bank scraps minimum linkup with euro

The Swiss National Bank, the central bank for Switzerland, abandoned its minimum exchange rate vs. the euro due to a weakened value against the dollar as a result of increased monetary policy...

January 15, 2015 | 03:15 pm

Cornwall County signs Man FRM for hedge funds

Cornwall County Council Pension Fund hired Man FRM to run a £120 million ($182 million) hedge fund allocation.

January 15, 2015 | 03:00 pm

Denmark’s PFA Pension names new CEO

Allan Polack was appointed CEO of Danish pensions provider PFA Pension.

January 15, 2015 | 02:53 pm

IACPM: Credit default concerns improve, but overall view still pessimistic

Credit portfolio managers remain pessimistic on credit defaults over the next 12 months, but they are mixed about credit spreads over the next three months, said a quarterly survey from the...

January 15, 2015 | 08:00 am