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F&C picks 2 for global rates, money markets team
trueSujay Shah and Paul Robinson joined F&C Asset Management as directors on the global rates and money markets team.
Greater Manchester Pension Fund picks LaSalle for £750 million allocation
trueGreater Manchester Pension Fund hired LaSalle Investment Management to run a £750 million ($1.2 billion) real estate allocation.
Senior consultant for the Middle East named by bfinance
trueNavneet Maheshwari joined bfinance as a senior consultant.
Heptagon Capital names European equity manager
trueChristian Diebitsch joined Heptagon Capital as European equity manager.
AXA's head of U.K. institutional resigns
trueMadeline Forrester, head of U.K. institutional at AXA Investment Managers, has resigned from the firm for a new opportunity, a company statement said.
Interserve pension plan agrees to buy-in with Aviva
trueThe trustees of the Interserve Pension Scheme, Reading, England, have agreed to a buy-in with Aviva PLC to cover £300 million ($497.8 million) of pension liabilities, said a spokesman for the sponsoring employer, Interserve PLC.
PGL Pension Scheme conducts £900 million longevity swap
trueThe trustees of the PGL Pension Scheme, Birmingham, England, hedged the longevity risk of £900 million ($1.5 billion) of liabilities with Phoenix Life.
Vestey Group enters into pension buyout with Rothesay Life
trueVestey Group has conducted a £280 million ($464.4 million) bulk annuity deal with Rothesay Life for its pension fund, Western United Group Pension Scheme, London, said Ben Fowler, group head of reward and HR development for the firm.
RWC adds institutional salesman
trueRash Patel joined RWC Partners with responsibility for direct sales to institutional investors in the U.K. and other markets, said Dan Mannix, CEO at the firm.
Lehman Brothers agrees to fully fund U.K. pension plan for buyout
trueParticipants in the Lehman Brothers pension fund in the U.K. will receive their full retirement benefits, after an agreement to pay £184 million ($307.2 million) to fund a buyout was reached between relevant parties.
Merseyside Pension Fund sticks with European equity managers
trueMerseyside Pension Fund, Liverpool, England, rehired J.P. Morgan Asset Management and Unigestion to manage European ex-U.K. equity allocations, said an announcement on European procurement website Tenders Electronic Daily.
Royal County of Berkshire on lookout for currency overlay
trueRoyal County of Berkshire Pension Fund, Maidenhead, England, is searching for a currency overlay manager, documents on a local government procurement website show.
West Midlands keeps CBRE for real estate allocation
trueWest Midlands Pension Fund, Wolverhampton, England, rehired CBRE Global Investors to run a £622 million ($1 billion) real estate allocation.
AllianzGI adds solutions executive
trueJoe Moody joined Allianz Global Investors as head of international solutions specialists in the U.S., U.K., Continental Europe ex-Germany and Japan, he said.
Ontario Teachers looks to add Bristol airport to portfolio
trueThe Ontario Teachers' Pension Plan's investment in airports continues to take flight.