International

CIBC said to mull offer for LSE's Russell Investments

Canadian Imperial Bank of Commerce is weighing a bid for Russell Investments,which London Stock Exchange Group is preparing to sell early next year.

December 10, 2014 | 11:41 am

Hawaii Employees makes $20 million commitment to Japanese real estate fund

Hawaii Employees' Retirement System committed $20 million to Fortress Japan Opportunity Fund III.

December 10, 2014 | 11:24 am
Supplemental DB plan legislation introduced in Ontario

Supplemental DB plan legislation introduced in Ontario

The Ontario Finance Ministry introduced legislation to create a mandatory provincial defined benefit plan to supplement the C$234.4 billion (US$204.8 billion) Canada Pension Plan, Ottawa, and a...

December 10, 2014 | 09:35 am

William Blair boosts European consultant relations team

Peter Gibson was hired at William Blair & Co. to lead consultant relations in Europe, said spokesman Matt Rogers.

December 09, 2014 | 01:51 pm

U.K. pension funding shortfall balloons in November

The aggregate deficit of occupational pension funds in the U.K. Pension Protection Fund’s 7800 index increased 34% to £221.1 billion ($346.7 billion) in November.

December 09, 2014 | 12:14 pm

NZ Super invests US$60 million in alternative energy firm LanzaTech

The NZ$27.1 billion (US$20.8 billion) New Zealand Superannuation Fund invested US$60 million in Chicago-based LanzaTech, a private gas fermentation technology company.

December 09, 2014 | 11:20 am
NEST executive seeks innovation in DC strategies

NEST executive seeks innovation in DC strategies

The chief investment officer at the National Employment Savings Trust, London, has thrown down the gauntlet to providers of defined contribution strategies to innovate for a new DC market in the U.K.,...

December 08, 2014

DC participants surpass DB in U.K. for first time

Active participants of defined contribution plans in the U.K. outnumber active participants of defined benefit funds for the first time in the 40 years of the National Association of Pension Fund's...

December 08, 2014

Singapore SWF in midst of worldwide property spree

Don't tell GIC Private Ltd. executives that the tidal wave of liquidity central banks are flushing into capital markets has left little value to be had in prospective real estate investments...

December 08, 2014
Tax change spurs £9 billion of commitments to U.K. private placements

Tax change spurs £9 billion of commitments to U.K. private placements

Six money managers and insurers have announced around £9 billion ($14.1 billion) of commitments to U.K. infrastructure and other private placements in the U.K., following a change in tax...

December 05, 2014 | 07:24 am

Quebec legislators approve shared-risk structure for municipal pension funds

Quebec municipal defined benefit plans will change to a shared-risk structure from a final-salary pension framework under legislation approved Thursday by the province’s National Assembly.

December 05, 2014 | 03:15 pm

Pension Protection Fund issues call for panel of specialist consultants

Pension Protection Fund, Croydon, England, is searching for 12 to 15 consultants to form a panel of specialist investment advisers that can be engaged on short notice for ad hoc specialist advice, or ...

December 04, 2014 | 01:03 pm

OPTrust names new president, CEO

Hugh O'Reilly on Thursday was named president and CEO of OPTrust, Toronto, effective Jan. 1.

December 04, 2014 | 03:56 pm

U.K.’s NEST seeks short-term gilt managers

National Employment Savings Trust, London, is looking for a manager to run 10 single-year maturity gilt allocations, said Mark Fawcett, chief investment officer at the £260 million ($407.3...

December 04, 2014 | 12:59 pm
Norway panel rejects divestment call for $870 billion fund

Norway panel rejects divestment call for $870 billion fund

A government-appointed panel rejected calls for Norway's $870 billion Government Pension Fund Global to sell out of coal and other fossil-fuel producers, arguing active ownership is more effective...

December 03, 2014 | 03:50 pm