International

Shanghai composite index plunges 7.4% as sentiment turns cautious

Shanghai composite index plunges 7.4% as sentiment turns cautious

The Shanghai Stock Exchange Composite index plunged 7.4% Friday to close at 4,192.8

June 26, 2015 | 06:00 am

NEST unveils savings blueprint for life after retirement

National Employment Savings Trust published a blueprint for a retirement income strategy that will meet participants’ needs, following the introduction of new pension freedoms by the U.K....

June 26, 2015 | 07:00 pm

New Brunswick Investment Management returns 14.18% in latest fiscal year

New Brunswick Investment Management Corp., Fredericton, returned a gross 14.18% on its investments for the 12 months ended March 31.

June 26, 2015 | 11:34 am

Qantas Super CEO to retire at end of 2015

Jane Perry, CEO of Qantas Superannuation, Sydney, will retire at the end of 2015.

June 25, 2015 | 11:53 pm

Berenberg names new CIO to take over Jan. 1

Manfred Schlumberger was appointed chief investment officer at Berenberg.

June 25, 2015 | 11:28 am
U.K.'s Financial Reporting Council investigating KPMG over BNY Mellon audits

U.K.'s Financial Reporting Council investigating KPMG over BNY Mellon audits

KPMG is under investigation by the U.K.'s Financial Reporting Council, the country's independent corporate governance regulator, for its conduct in auditing Bank of New York Mellon, which settled...

June 24, 2015 | 12:49 pm

Alberta Management Employees Pension Plan reissues consultant search

Management Employees Pension Board, Edmonton, Alberta, reissued an RFP for an investment consultant for the C$3.88 billion ($3.15 billion) pension fund.

June 24, 2015 | 03:51 pm

Orange County Library System checking out international equity managers

Orange County Library System, Orlando, Fla., is searching for an active international equity manager to run $2.5 million for its $44 million defined benefit plan.

June 24, 2015 | 03:45 pm
Long-term investment plans for Europe should take pension funds into account — paper

Long-term investment plans for Europe should take pension funds into account — paper

Policymakers working on a new initiative to promote long-term investment and growth in Europe must take into account the characteristics of pension funds if they are to encourage greater...

June 24, 2015 | 12:07 pm

Ohio School Employees invests in European bank hedge fund strategy

Ohio School Employees Retirement System made a direct hedge fund investment of $25 million in Oceanwood Peripheral European Select Opportunities Fund, a European bank multistrategy fund managed by...

June 23, 2015 | 04:14 pm
Quebec's Caisse, APG Asset Management invest in China real estate developer

Quebec's Caisse, APG Asset Management invest in China real estate developer

A unit of the Caisse de Depot et Placement du Quebec and the money manager for Stichting Pensioenfonds ABP raised a combined $920 million to invest in Chinese retail real estate developer Chongbang...

June 23, 2015 | 02:02 pm

Japan’s GPIF looking to fill positions overseeing governance, external managers, legal matters

Japan’s Government Pension Investment Fund is searching for three positions overseeing the pension fund’s activities related to the stewardship code the GPIF adopted last year, legal...

June 23, 2015 | 11:44 am

GSAM: Higher allocations to U.K. equities hurt FTSE 350 pension funding in 2014

A tendency to overallocate to domestic equities caused the defined benefit plans of the U.K.'s FTSE 350 companies to suffer in 2014, said Goldman Sachs Asset Management.

June 23, 2015 | 10:54 am

JPMAM adds global strategist

Thushka Majaraj joined J.P. Morgan Asset Management as global strategist and executive director in the global strategy team, said a spokeswoman for the firm.

June 22, 2015 | 03:27 pm

Large U.K. plans lower bond allocations in ‘14, analysis finds

The average FTSE 250 defined benefit pension fund reduced its allocation to bonds in 2014, said JLT Employee Benefits.

June 22, 2015 | 03:24 pm