Alternatives

Schemes will continue to cut exposure to equities and fixed income and shift investments towards property and alternatives in the next six months, bfinance says.

EUROPE: The Alternative Investment Fund Managers (AIFM) directive is set to be voted into law within the next two weeks after negotiators agreed the final text of the rules.

Trustees should consider investment opportunities in the shipping industry brought on by the slow down in global trade following the credit crisis, Mercer says.

Institutional investment in Gartmore's £3.6bn alternative funds business increased to 70% of total assets under management in the first half of 2010, interim results show.

European pension funds are shunning cash in favour of riskier alternative investments, a survey shows.

The Universities Superannuation Scheme has appointed Michael Dymond as portfolio manager for its private capital funds team.

GLOBAL - Scheme allocations to alternative assets have increased almost three-fold over the past 10 years, Towers Watson research has revealed.

US/EUROPE - US Treasury secretary Timothy Geithner has written to four European finance ministers urging them not to discriminate against foreign players in the alternative investment space as they continue negotiations on the Alternative Investment Fund...