Trustees should delegate investment decisions to fiduciary managers because schemes lack the resources for strong internal governance, consultants say.
Is politics getting in the way of a Swiss pension recovery? Emma Cusworth finds out
Traditional multi-management firms have increased their offerings following calls for more fiduciary responsibility, as Helen Fowler reports
F&C Asset Management has completed the acquisition of Thames River Capital and strengthened its executive committee in the process.
Global Pensions, in collaboration with Bursa Malaysia, gathered industry experts to discuss how the country's evolving economy is paving a smoother road for foreign investors
Morgan Stanley and UBS have joined the Life & Longevity Markets Association.
UBS has launched its Diversified Return Fund which aims to produce equity-like returns from a multi asset portfolio but for defined benefit schemes which do not have the risk appetite for full equity-like volatility.
ITALY - The €5.2bn (US$6.4bn) Fondo Cometa has hired nine managers and completed the renewal of mandates for its Monetario Plus, Reddito and Crescita sub-funds due to expire this year.
EUROPE - Reporting choices available to European banks under accounting rules can give investors a misleading view of the impact pension plans have on the banks' capital, a report by Moody's Investor Services revealed.
BNY Mellon has been ranked as the top global custodian by UK pension funds, latest R&M Surveys research reveals.