International

European markets shift focus to politics from monetary policy

European markets shift focus to politics from monetary policy

Politics will be key for European markets in 2017 as a series of upcoming high-profile elections begins to shift money management executives' focus away from the monetary policy debate that has...

December 26, 2016
U.K. Treasury Committee opens consultation into monetary policy impact since 2008

U.K. Treasury Committee opens consultation into monetary policy impact since 2008

The U.K. Treasury Committee will consider the effectiveness and impact of monetary policy since the 2008 financial crisis, looking in part at the unintended consequences for retirement plans and...

December 22, 2016 | 11:47 am
Former BlackRock portfolio manager sentenced to 12 months for insider dealing

Former BlackRock portfolio manager sentenced to 12 months for insider dealing

A former equity portfolio manager at BlackRock has been sentenced to 12 months in prison for insider dealing.

December 21, 2016 | 01:40 pm
Barings appoints global head of equities

Barings appoints global head of equities

Ghadir Abu Leil-Cooper has been named global head of equities at Barings.

December 21, 2016 | 12:57 pm
Parliamentary committee calls for greater powers for U.K. Pensions Regulator

Parliamentary committee calls for greater powers for U.K. Pensions Regulator

The U.K. defined benefit market needs a “nuclear deterrent” for pension fund sponsors that might seek to avoid their responsibilities, recommends the Work and Pensions Committee.

December 21, 2016 | 06:56 am
Norges Bank excludes a further 15 bond issues for coal exposure

Norges Bank excludes a further 15 bond issues for coal exposure

Norges Bank will exclude 15 bond issuers, including five U.S. companies, from the Government Pension Fund Global based on coal product exposure.

December 21, 2016 | 11:43 am

Financial Conduct Authority hires retirement leader from Spence Johnson

Robert Holford is joining the Financial Conduct Authority in the U.K.

December 20, 2016 | 04:06 pm
Some of the scariest bonds are in the eurozone

Some of the scariest bonds are in the eurozone

As absurd as it might seem to investors in global bond funds, risk in bonds issued by some of the 19 members of the eurozone may, quite soon, become among the scariest in the world.

December 20, 2016 | 09:59 am
Bank of Japan caps momentous year with upgrade to outlook, policy on hold

Bank of Japan caps momentous year with upgrade to outlook, policy on hold

The Bank of Japan closed a tumultuous year for monetary policy with an upgrade to its assessment of the economy while keeping its yield curve and asset purchase programs unchanged.

December 20, 2016 | 09:34 am

Berkshire Pension Fund makes seed investment in U.K. university innovation fund

Royal County of Berkshire Pension Fund, Maidenhead, England, committed £15 million ($18.9 million) and is the seed investor in a new strategy to direct institutional capital into the...

December 19, 2016 | 03:38 pm
 Poland approves lowering retirement age

Poland approves lowering retirement age

Poland says it will lower the retirement age for both men and women, effective Oct. 1, 2017.

December 19, 2016 | 01:42 pm
China A shares: A little is enough

China A shares: A little is enough

Chinese A shares — stock listed on mainland exchanges — are an increasing focus of the major index providers, with both FTSE Russell and MSCI Inc. providing provisional indexes for...

December 19, 2016 | 08:00 am

U.K. Local Pensions Partnership picks BNY Mellon as custodian for global equity pool

Local Pensions Partnership, a £10 billion ($12.6 billion) asset and liability management partnership between the London Pensions Fund Authority and Lancashire County Pension Fund, Preston,...

December 16, 2016 | 04:14 pm
Coats Group reaches deal with Pensions Regulator to fund U.K. pension plans

Coats Group reaches deal with Pensions Regulator to fund U.K. pension plans

Coats Group PLC, an industrial thread manufacturer, will pay £255 million ($320.5 million) following a settlement with the U.K.’s Pensions Regulator to cover the benefits of two of its U....

December 16, 2016 | 02:32 pm
Quebec looking at similar enhancements to CPP for provincial pension plan

Quebec looking at similar enhancements to CPP for provincial pension plan

Quebec Pension Plan, Quebec City, could institute the same enhancements that have been approved for the C$300.5 billion ($227.9 billion) Canada Pension Plan, Ottawa.

December 16, 2016 | 01:01 pm