Church Commissioners for England returned 10.4% in 2020, attributable to gains in equities and some alternative asset allocations.
U.K. pension funds are concerned that the latest proposal from the U.K. regulator could force them to reduce allocations to illiquids.
Seven firms were rehired to provide investment performance, cost monitoring and reporting services to U.K. local authority pension funds.
London Pensions Fund Authority committed an additional $69 million to The London Fund, a real estate strategy.
Fonds de Reserve pour les Retraites recorded a net gain of 1% in 2020, driven by the resilience of its equity portfolio to COVID-19.
H.I.G. Group and The Pensions Regulator agreed to a $35 million settlement in an anti-avoidance case relating to Silentnight's pension fund.
BT Pension Scheme Management has appointed Wyn Francis as its new CIO.
London CIV named Vanessa Shia as head of private markets, a new role at the pool of local authority pension funds.
LGPS Central appointed Patrick O'Hara as director of responsible investment and engagement, replacing Michael Marshall.
U.K. superfunds could still face hurdles before they can win business from sponsoring employers.
ATP posted a 3.6% investment return for the nine months ended Sept. 30, despite declines in financial markets at the start of the year.
U.K. defined benefit plan sponsors have issued 44% of all profit warnings over the nine months to Sept. 30.
Wilton Re Overseas has agreed to provide capital to defined benefit plan consolidator Clara-Pensions.
Geraldine Leegwater was named CIO at PGGM, the in-house manager of Pensioenfonds Zorg en Welzijn.
Iwan Lanz will join Pensionskasse SBB, Bern, Switzerland, as managing director in November.
Victoria Barron was named head of sustainable investment at BT Pension Scheme Management, the in-house manager of the $61.6 billion BTPS.
Industriens Pension shifted $1.3 billion between Pacific Investment Management Co.'s corporate bond strategies.
Joanne Darbyshire was named managing director of Local Pensions Partnership Administration, a new unit of the Local Pensions Partnership.
Denmark's ATP posted a -26% investment return for the first quarter; while PFA Pension's equity allocation recorded a -17.7% return.
Bo Selling will leave his position as head of equity at Stockholm-based Alecta Pensionsforsakring, effective May 25.
Allan Sall Tang Japhetson was named head of investment strategy at the $132.7 billion ATP, Hilleroed, Denmark.
Northumberland County Council Pension Fund and Tyne and Wear Pension Fund, both in South Shields, England, will merge starting April 1.
Swedish asset owners invested 3 billion Swedish kronor ($319 million) in a bond that supports emerging markets companies hit by COVID-19.
U.K. plan executives are focused on how to make future retirement businesses sustainable as they tackle traditional challenges.
Stockholm-based AP4 and AP3 recorded gains in assets of 19.7% and 17.6%, respectively, in the year ended Dec. 31.