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...The UK Pensions Regulator said it was monitoring market developments and was working on a” number of initiatives” with the Bank of England and the PRA....
...did its first transaction last year with a corporate pension plan that was not in the protection fund....
...“Public pension funds have for many years poured money into private equity on the premise that it was high-return and low-risk while illiquidity was deemed not to be an issue,” said Richard Ennis, co-founder...
...Pension trustees have also said they are worried about the potential threat from such arrangements....
...The Pensions and Lifetime Savings Association (PLSA), which represents the workplace pension funds, said the industry was “happy” to provide a high-level overview of scheme investments — including whether...
...“The duty of pension scheme trustees first and foremost is to maximise returns for members.”...
...Eisler’s rapid expansion underscores the war for talent among so-called multi-manager hedge funds, as large institutional investors such as pension funds seek out consistent returns and more extensive risk...
...But he added that it would not be right for pension funds to simply invest in home markets due to ministerial pressure....
...But she told the Financial Times she would have “cause for concern” if ministers were to go a step further and direct trustees as to where funds should be allocated....
...“The bigger funds are more nimble and can act quickly,” said Chris Roberts, managing director at Dalriada Trustees, a firm of professional trustees....
...“I am not sure that it is the role of the government to tell trustees where they place their money,” he said, when was asked whether he thought governments should compel pension funds to invest to help meet...
...Current legislation, however, makes it difficult and costly for many scheme trustees to do this.”...
...Trustees have also warned that industry moves to make the financial system more resilient could yet lead to unintended consequences....
...facing pension funds It was not the most festive of Christmas cards....
...It pairs a “target date” fund, which lets workers pick when they want to retire and automatically invests their contributions in a changing combination of stocks and bonds, with an optional annuity that...
...Furthermore, the Department for Work and Pensions will extend the Pension Protection Fund’s mandate to become a public sector consolidator of schemes that are too small for cost-efficient buyouts....
...In a statement on Tuesday, the $494bn pension fund said Stephen Gilmore, the former chief investment officer of the NZ$73bn (US$43.5bn) New Zealand Superannuation Fund, would become its new CIO in July,...
...across cultures and geographies, as the pension fund’s chief investment officer....
...Pension funds are the answer to the UK’s economic stagnation — so say ministers, policy experts and just about everyone else....
...Ross Goobey managed the remarkable feat of persuading the fund’s trustees to let him invest in equities and dump the fund’s gilts....
...The Pension Protection Fund’s Purple Book — the UK’s almanack of private sector defined benefit pensions — dropped on Wednesday....
...These are risks that every private pension scheme and sovereign wealth fund faces today. But for these risks, such funds have been rewarded over long-term horizons....
...The audacious move has ignited a rare public feud in the asset management industry: on Monday Barings filed a lawsuit against two of its defecting executives and Corinthia....
...to establish industry-wide pension schemes that worked across industries and professions....
...The UK’s £1.4tn “defined benefit” pensions industry has been switching to corporate debt for its higher yields and to prepare the schemes for potential sales to insurers, analysts said....
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