F&C

GLOBAL - Have you missed the biggest stories in pensions this week? Find out below, as we list the top 10 most popular stories on www.globalpensions.com over the past seven days.

Interest rate hedges by pension funds fell by 24% over the first quarter of the year, hit by a difficult swap market and stale funding levels, F&C reports.

UK - The first quarter of 2011 saw a 24% fall in levels of interest rate hedges by pension funds, research by F&C shows.

UK - The National Employment Savings Trust has appointed F&C Asset Management and HSBC Global Asset Management to manage its ethical and Sharia funds, respectively, it announced today.

The National Employment Savings Trust has appointed F&C Asset Management and HSBC Global Asset Management to manage its ethical and Sharia funds, respectively, it announced today.

Asset manager F&C nearly doubled its votes against company management in shareholder resolutions last year, reflecting a tougher stance on corporate governance, the firm says.

GLOBAL - Asset manager F&C nearly doubled its votes against company management in shareholder resolutions last year, reflecting a tougher stance on corporate governance, the firm said.

F&C is considering whether to launch a fiduciary management service in the UK.

UK - F&C is considering whether to launch a fiduciary management service in the UK.

The former head of multi-manager at F&C, Dean Cheeseman, has joined Mercer as an equity portfolio manager within its investment management business.