One of the largest Swedish state pension schemes is to increase its holdings in hedge funds dramatically as investors look to reinvigorate performance and alternative managers have redoubled their efforts to win over institutional investors.
The head of Japan’s public pension fund on Tuesday rejected a proposal to split the $1.37 trillion fund in two in an attempt to achieve higher returns, saying such a move would be inappropriate and inefficient.
Peru’s private pension funds have set an ambitious goal of doubling the volume of their assets under management over the next six years.
The amount of money being paid into pension funds by UK workers has fallen, according to a new report. This could inspire a number of people aged over 55 years to consider using the value of their home to boost their retirement finances through a lifetime mortgage.
Last week, the Securities and Exchange Commission officially changed its position, voting to adopt new rules concerning public pension funds pay-to-play practices.
Japanese corporate pension funds’ rate of return on their investments dropped to minus 5.59 percent in April-June, the first quarterly loss since January-March 2008 due to falls in global share prices, according to a survey.