Hermes

BT Pension Scheme Management chief executive Nigel Labram has left the company after eight years, following a strategic review at the £37bn scheme.

BT Pension Scheme has boosted its UK infrastructure portfolio by buying a 13% stake in the holding company of Thames Water.

Increasing direct hedge fund investment by UK schemes is driving fund of fund managers to become more like consultants, industry figures say.

The ICGN has launched a model contract designed to promote "optimal alignment" between asset owners and asset managers.

Pension funds should engage directly with companies on executive pay, Hermes Equity Ownership Services and the National Association of Pension Funds say.

Conventional wisdom is a dangerous thing. Prior to the financial crisis of 2008, conventional wisdom saw banks pile into risky mortgage-backed securities.

Hermes BPK Partners has launched a portfolio protection solution for institutional investors with $275m (£177m) of investment.

Andrew Short looks at schemes' increasing involvement in shareholder activism, led by the revolt against News Corp, and asks if it is just the larger schemes that can engage on this issue

Half of institutional investors have voted down more than 50% of remuneration packages but have largely backed bankers' bonuses, according to a TUC survey.

Hermes BPK has launched a global equity hedging product in a bid to help schemes de-risk long only equity allocations.