Hints and tips:
...In an open letter to GAM’s board, fund managers at the Swiss company said that there was a “cultural alignment between GAM and Liontrust”....
...And here deputy editor Patrick Jenkins weighs up the pros and cons of retooling the Pension Protection Fund, the UK pensions lifeboat, to come to the rescue of UK equities....
...Saudi Arabia plans to launch a multibillion-dollar investment company within the PIF, two people familiar with the matter told the FT’s Samer Al-Atrush in Dubai and Samuel Agini, to scout more deals in the...
...The failure of one of Drexel’s biggest clients, the Executive Life Insurance Company, destroyed the retirement incomes of thousands of Americans....
...The second is an article on Anglo-Greek wrangling over the return of Parthenon Marbles hoarded by the British Museum, written by George Parker et al....
...Wiegand, now 37, is the son of a biochemist and a teacher raised in the university city of Freiburg im Breisgau, in the Black Forest....
...Martin Laguerre, the head of private equity at Canadian pension Caisse de dépôt et placement du Québec, is leaving his post after three years and will be replaced by Martin Longchamps....
...The FCA has previously come under fire for the pace of its investigation into a market wide pension mis-selling scandal, including from former board members of the watchdog....
...This followed similar moves in recent years by the Philadelphia Board of Pensions and Retirees, the New York State Common Retirement Fund, the Chicago Teachers’ Pension Fund, the New Jersey Pension Fund...
...The LA County Sheriff’s department said there were believed to be nine people on board and that there were no survivors....
...(FT) Pandemic pensions time bomb To help make ends meet during the crisis, some countries are allowing people to withdraw from their retirement pots — just as funds and retirement accounts suffer a brutal...
...Boston’s city pension has taken back $248m and Philadelphia’s city pension pulled $54m....
...Al-Hajri is the brother of Sheikha Al-Anoud, the second wife of Sheikh Tamim bin Hamad Al Thani, the emir of Qatar....
...The intervention comes as the Federal Retirement Thrift Investment Board, which manages almost $600bn for some 5.5m federal employees, prepares to shift the international component of the fund into an index...
...The selection of Mr Sabia in 2009 to run the C$327bn ($245bn) Caisse de Dépôt et Placement du Québec, which manages the assets of about 40 Canadian pension funds and insurance plans, raised the hackles of...
...Fund Mirova MN MP Pension Nest Sammelstiftung, Switzerland New York City Comptroller’s Office New York State Common Retirement Fund Newton Investment Management NN Investment Partners Nordea Group...
...“I think I’m very aware of myself and that I’m managing such a great company,” continues Piccioli, of the position he now finds himself in....
...Ted Eliopoulos, the chief investment officer of the California Public Employees’ Retirement System (Calpers), is stepping down from the helm of the largest US public pension system later this year....
...The Caisse de Dépôt et Placement du Québec, which has almost C$300bn under management and handles the pensions of 2m Quebec citizens, invests in ports alongside DP World, Dubai’s ports company, and has investments...
...New York City Comptroller Scott Stringer, who oversees the $170bn retirement assets of the east-coast city, has also proposed that its pension fund vote against directors on the governance committees of...
...It followed a string of other adviser exits in recent weeks (Nick Timothy, Fiona Hill et al). More surprising was his candour....
...from landing on his desk — Chicago Tribune...
...That includes half of luxury retailer Neiman Marcus and a chunk of Stuyvesant Town in New York City; luxury retirement homes and dental service providers; toll roads in Chicago and airports in London as...
...Many employees of cities and states retire between 50 and 55, so local governments usually provide them with highly subsidised healthcare between retirement and Medicare, and sometimes beyond....
...This is the case when speaking to Rob Dubow, director of finance for the City of Philadelphia, the US local authority, and chairman of the city’s pension fund board....
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