Multi-manager

UK - The £2.2bn Avon Pension Fund has awarded a £90m property mandate to Schroders as part of a wider allocation to UK and European property.

Investment Solutions has launched a monthly index for small to medium schemes in a bid to demonstrate movements in deficits and highlight when funds can lock in gains.

GLOBAL - Pension funds believe investment management fees are too high and need to come down, a study by bfinance has found.

Pension funds believe investment management fees are too high and need to come down, a study by bfinance finds.

In its second annual roundtable on the topic, Global Pensions gathered key spokespeople in Stockholm to discuss investment in emerging markets

AUSTRALIA - Senator Nick Sherry, minister for superannuation and corporate law has formally launched the Capital Markets Co-operative Research Centre, designed to focus on market manipulation and fraud.

RMB Asset Management has launched a diversified target fund in a bid to help schemes manage funding volatility.

SEI has extended to its defined contribution master trust in a bid to alleviate the burden caused by the growing number of deferred members.

Canadian pension funds were built to last and appear to be surviving the credit crisis. Elizabeth Pfeuti reports from Toronto on this and how increasing commitment to global assets and SRI will affect funds

THE London Borough of Hammersmith & Fulham Superannuation Fund has selected Baring Asset Managemnent and Ruffer to run dynamic asset allocation briefs worth £120m.