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Pension fund managers push Oracle on several shareholder issues
truePGGM NV and RPMI Railpen called on Oracle Corp. to implement proxy access, adopt an executive compensation structure shareholders can support and develop a policy to allow shareholders to communicate directly with the board.
Group of 16 U.K. pension funds publish responsible investment guide
trueA group of 16 U.K. pension funds, representing more than £200 billion ($300.9 billion) of assets, has thrown its weight behind a new guide to responsible investment.
Pension fund performance up on strong markets
trueAnother strong year for equity markets, coupled with the year's comeback in bonds, propelled the investment returns for pension funds in seven major markets in 2014.
Manchester, London pension funds partner to invest in U.K. infrastructure
trueGreater Manchester Pension Fund, Manchester, England, and London Pensions Fund Authority teamed up to commit up to £500 million ($755 million) to invest in infrastructure opportunities.
U.K.'s USS loses co-head of public market manager selection
trueLuke Dixon resigned as co-head of public market manager selection at the Universities Superannuation Scheme, said a spokeswoman for the pension fund.
Royal London Asset Management appoints multiasset head
trueTrevor Greetham was named head of multiasset at Royal London Asset Management.
Tennants Consolidated selects Buck as consultant for DB, DC plans
trueTennants Consolidated Ltd. Pension Fund, London, hired Buck Consultants to provide general retirement plan consulting, actuarial, administration and secretarial services for its defined benefit and defined contribution plans.
Cornwall County signs Man FRM for hedge funds
trueCornwall County Council Pension Fund hired Man FRM to run a £120 million ($182 million) hedge fund allocation.
AQR partners with London Business School to create research institute
trueAQR Capital Management and the London Business School have launched the AQR Institute of Asset Management, a partnership that aims to advance research and best practice in money management.
Philips pension fund taps PGGM as administrator
truePhilips Pensioenfonds hired Dutch pension provider PGGM as administrator to the €17.2 billion ($20.3 billion) pension fund.
Standard Life DC plans hire Barnett Waddingham as investment consultant
trueStanplan A DC master trust and the Standard Life DC Master Trust, both in Edinburgh, hired Barnett Waddingham to provide investment consulting to the trustees.
Aberdeen Asset Management appoints successor to head of North American equities
trueRalph Bassett was named head of North American equities at Aberdeen Asset Management, effective June 30.
Manchester Airports Group DC plan taps Buck Consultants as administrator
trueManchester Airports Group Defined Contribution Pension Scheme, Manchester, England, hired Buck Consultants to provide administration and technology services to participants.
Ashmore Group reports 10.7% AUM drop, outflows among all strategies
trueAshmore Group's assets under management fell 10.7% to $63.7 billion over the three months ended Dec. 31.
U.K. pension funding deficit increases 20% in December
trueThe aggregate deficit of occupational pension funds covered by the U.K. Pension Protection Fund's 7800 index increased 20% to £266.3 billion ($402 billion) in December.