Investment

ALTERNATIVE assets under management worldwide grew to $1.26trn (£675bn) during 2005, Watson Wyatt research shows.

SOCIÉTÉ Générale Asset Management Alternative Investments has completed the first closing of its private value fund, a private equity fund of funds.

DRAX GROUP, which runs the Selby power plant environmental protesters this month attempted to shut down, has entered the socially responsible FTSE4Good index.

SCHRODERS and Rentokil will exit the FTSE100 on September 18, the index has confirmed.

SIGNIFICANT flaws in defined contribution arrangements are going undetected because of the "hysteria" surrounding a few failed final salary schemes, warns Barnett Waddingham.

CORPORATE bond markets weakened during the second quarter but scheme demand remains high, Mellon Global Alternative Investments says.

PCE INVESTORS is launching an energy hedge fund for institutional investors.

Schemes can get better returns from emerging market bonds by using local currencies, Pictet Asset Management says.

Schemes holding European cash should consider switching to bonds, a fund manager says.

Paul Amery Absolute Insight product manager Insight Investment Amery joined Insight in March 2006 ...