International

West Midlands Pension Fund commits $65 million to Kames real estate fund

West Midlands Pension Fund committed £50 million ($64.8 million) to a Kames Capital real estate fund.

August 11, 2016 | 12:47 pm
Canadian pension plans up 2.9% in second quarter

Canadian pension plans up 2.9% in second quarter

Canadian corporate and public pension plans returned an overall 2.9% in the second quarter on the strength of global and Canadian equity investments.

August 11, 2016 | 12:25 pm
Canada Pension Plan returns 1.45% for quarter

Canada Pension Plan returns 1.45% for quarter

Canada Pension Plan returned 1.45% net of fees in the quarter ended June 30, helping raise its overall assets to C$287.3 billion ($218.1 billion).

August 11, 2016 | 11:42 am
Manweb Group completes longevity swap with Abbey Life

Manweb Group completes longevity swap with Abbey Life

Manweb Group of the Electricity Supply Pension Scheme completed a £1 billion ($1.3 billion) longevity swap with Abbey Life Assurance Co.

August 10, 2016 | 01:01 pm
NEST exploring climate-change implications on investment portfolio

NEST exploring climate-change implications on investment portfolio

Engagement with companies, research into low-carbon solutions and water issues that could affect investments will form part of the National Employment Savings Trust's plan to combat climate change in ...

August 10, 2016 | 03:37 pm
Chile to reform private pension system

Chile to reform private pension system

Chile’s President Michelle Bachelet proposed changes to the most radical of all the economic reforms of former dictator Augusto Pinochet — the private pension system that inspired a wave...

August 10, 2016 | 11:33 am

RBC recruits head of global client coverage for asset servicing

David Linds was named managing director and head of asset servicing, global client coverage, at RBC Investor & Treasury Services.

August 09, 2016 | 03:43 pm

Allianz Global Investors appoints head of institutional U.K.

Margaret Frost was named head of institutional U.K. at Allianz Global Investors, said a spokesman.

August 09, 2016 | 02:14 pm

Legal & General AUM rises 17.7% for year on strong international growth

Legal & General Investment Management’s assets under management increased 17.7% to £841.5 billion ($1.13 trillion) over the year ended June 30, and was up 12.8% over the six months to...

August 09, 2016 | 02:06 pm
U.K. pension funding deficits grow in July, worsen following Bank of England rate cut

U.K. pension funding deficits grow in July, worsen following Bank of England rate cut

The total deficit of U.K. corporate pension funds covered by the Pension Protection Fund's 7800 index increased 6.4% for the month, and 72.5% for the year ended July 31, to £408 billion ($539.5 ...

August 09, 2016 | 11:21 am

Australia’s MySuper default option funds average 2.9% fiscal year return — report

The MySuper default offerings that account for the bulk of Australia's A$2 trillion ($1.5 trillion) superannuation industry delivered, on average, a 2.9% return for the fiscal year ended June 30,...

August 09, 2016 | 07:43 am

CBRE taps Mitsubishi UFJ real estate veteran to lead Japan business

Eiji Sakaguchi will join CBRE in Tokyo Oct. 3 as president and CEO of the real estate services and consulting heavyweight's business in Japan.

August 09, 2016 | 07:46 am
GPIF's smart beta flows may portend foreign allocations

GPIF's smart beta flows may portend foreign allocations

Japan's Government Pension Investment Fund doubled its allocations to domestic smart beta equity strategies last year, a vote of confidence that could point to mandates for foreign factor-based...

August 08, 2016
The markets react to Brexit

The markets react to Brexit

The broader markets appeared to take the U.K.'s June 23 vote to exit the EU in stride after the immediate shock.

August 08, 2016 | 12:01 am
Post-Brexit caution: hoping to avoid a long-lasting downside

Post-Brexit caution: hoping to avoid a long-lasting downside

Global risk markets have been exuberant lately, expecting U.S. consumers to accelerate their spending even further, U.S. interest rates to remain low and Brexit to have little impact on the global...

August 08, 2016