Mike Gardner looks at the ever changing nature of risk management
Be honest. Do you, from time to time, read your horoscope in the daily free papers?
GLOBAL - Plan sponsors are in the midst of an unprecedented amount of custodian turnover, says J.P.Morgan Worldwide Securities Services managing director and head of pensions Benjie Fraser.
UK - Today's auction of inflation-linked British bonds garnered the lowest demand since October 2008 as analysts said the government's planned changes to pension indexing created uncertainty for fund managers.
US - New Mexico has appointed JP Morgan to provide custody and securities services for more than US$40bn managed by its four state agencies.
J.P. Morgan global head of transition management (TM) John Minderides has left the firm. Meanwhile, BlackRock has lost one senior TM member, and the European co-head has gone on sabbatical.
UK - J.P. Morgan global head of transition management (TM) John Minderides has left the firm. Meanwhile, BlackRock has lost one senior TM member, and the European co-head has gone on sabbatical.
As Italy has largely ignored transition management, Giovanni Legorano looks at the reasons for this and asks if this is set to change in the near future
The £1.2bn Lincolnshire County Council Pension Fund has completed an asset restructuring exercise.