International

Avon Pension Fund picks J.P. Morgan for hedge fund of funds

Avon Pension Fund hired J.P. Morgan Alternative Asset Management to set up, implement and manage a roughly £187 million hedge fund-of-funds portfolio.

August 18, 2015 | 01:09 pm

Manulife Asset Management names institutional sales director

Dario Di Napoli was named managing director, institutional sales at Manulife Asset Management.

August 18, 2015 | 01:22 pm
BofA: Managers lose confidence in emerging markets; China recession largest tail risk

BofA: Managers lose confidence in emerging markets; China recession largest tail risk

Money managers’ outlook on the global economy is weakening amid continued concerns over a Chinese recession, said Bank of America Merrill Lynch’s monthly fund manager survey.

August 18, 2015 | 03:47 pm
Toshiba adds defined contribution plan to retirement benefits lineup

Toshiba adds defined contribution plan to retirement benefits lineup

Toshiba Corp. announced Monday it will add a DC plan to a company retirement benefits lineup that's been dominated by a defined benefit plan and a lump-sum payout provision.

August 18, 2015 | 10:12 am

Texas County & District sets $50 million for China venture capital fund

Texas County & District Retirement System, Austin, committed $50 million to IDG China Capital Fund III.

August 17, 2015 | 12:22 pm
Russia looks to $26 billion pension stash to ease funding crunch

Russia looks to $26 billion pension stash to ease funding crunch

Russian businesses are gasping for capital, and pension funds increasingly are coming to the rescue.

August 17, 2015 | 11:24 am
Quebec's Caisse first-half return up 5.9%

Quebec's Caisse first-half return up 5.9%

Caisse de Depot et Placement du Quebec on Friday reported an investment return of 5.9% in the first half of 2015, helping boost its total assets to C$240.8 billion ($183.4 billion).

August 14, 2015 | 02:15 pm
Canada Pension Plan return flat for quarter

Canada Pension Plan return flat for quarter

Canada Pension Plan, Ottawa, lost a net 0.1% on its investments in the quarter ended June 30.

August 14, 2015 | 02:20 pm
London mayor names adviser to help pool U.K. public pension funds

London mayor names adviser to help pool U.K. public pension funds

Edmund Truell was appointed adviser on pensions and investments by Boris Johnson, the mayor of London, to lead an effort to pool public-sector pension funds in the U.K. and invest...

August 14, 2015 | 01:17 pm

Partners Group, U.S. endowment said to buy TPG, Bain stakes from Finnish pension fund

Partners Group, one of Europe's largest listed private equity managers, acquired €500 million of buyout fund stakes from Finland's Keva.

August 13, 2015 | 02:00 pm
Skeptics on Japan's corporate reform beware

Skeptics on Japan's corporate reform beware

As we are witnessing in the current earnings season, news from Japan is turning increasingly positive. In fact Japanese corporate profit margins have recently surged to historical highs and are now...

August 13, 2015 | 12:01 am
Asian markets slide as China frees up yuan

Asian markets slide as China frees up yuan

Asian markets tumbled Wednesday as participants continued to digest Tuesday's surprise move by the People's Bank of China to loosen the ties binding the renminbi to the dollar in favor of a more...

August 12, 2015 | 12:46 pm

Old Mutual Global Investments names new CEO

Richard Buxton was appointed CEO of Old Mutual Global Investors, replacing Julian Ide.

August 12, 2015 | 01:31 pm
U.K. corporate pension fund contributions down 15.5% in 2014

U.K. corporate pension fund contributions down 15.5% in 2014

The U.K.'s largest companies reduced their pension fund contributions in 2014, shows a new report from consultant Lane Clark & Peacock.

August 12, 2015 | 01:13 pm

Highland Council Pension Fund taps Standard Life for real estate debt

Highland Council Pension Fund hired Standard Life Investments to run a £55 million commercial real estate debt allocation.

August 12, 2015 | 12:24 pm