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How we run our money: Xerox UK Final Salary Pension Scheme
Jeffrey McMahon, head of pension investment and risk at Xerox UK, tells Carlo Svaluto Moreolo about the plan to make the company’s legacy DB scheme self-sufficient
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Dutch fiduciary transfers dry up in 2023
The reason for this is believed to be the upcoming transition from a DB system to DC arrangements
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People moves: Natixis raids Pictet for trio of thematic managers
Natixis, Manulife, Pensioenfonds Xerox, AFM, ESMA, TPT, Jupiter, Aon, Investec, DWS, UBS
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BA Pensions names new chief
Ehzuvan was appointed to takeover following Fraser Smart’s departure from the business
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Xerox scheme taps PIMCO for LDI
UK – The roughly £1.3bn (€1.9bn) Xerox UK Final Salary Pension Scheme has awarded a £260m “cutting edge” liability-driven mandate to fixed income fund management firm, PIMCO.
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Netherlands: First funds prepare for DC switch
Despite pre-election threats, the transition is not expected to be rolled back by the new government
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People moves: BBC appoints former BT scheme boss as trustee [updated]
BBC, L&G, CQS, FCLT, CalPERS, APK, Central Beheer, Xerox, Metro, Telegraaf, Pantheon, Merian, SEI, Amundi, M&G, Willis Towers Watson
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UK: Labour government seeks continuity with focus on boosting domestic investment
The Department for Work and Pensions will have its work cut out as the new Labour government starts a comprehensive pensions review
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Xerox Dutch scheme awards bonds to Delta Lloyd
NETHERALANDS - Delta Lloyd Asset Management says it has been awarded a 270 million-euro fixed income mandate by Xerox in the Netherlands.
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State Street hires former Xerox pensions chief
UK – State Street Corp. has hired Tony Phillips, the former director of pensions at Xerox, to be head of its London-based consultant management team.
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SSGA wins e224m Xerox enhanced index mandate
UK – The 2.2 billion euro UK pension fund of document company Xerox has appointed State Street Global Advisors to run a 150 million pound (224 million euro) global enhanced indexing equity mandate.
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Wednesday people roundup
Nordea AM, Nordea Life & Pensions, Willis Towers Watson, Columbia Threadneedle, M&G Investments, ABV, Aon, Northern Trust, SLI, Aberdeen, Xerox HR Services
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People moves: New member, chair, trustee for Dutch schemes
Schilders, Xerox, Grolsch, Bexer, LGIM, minPension, Manulife Investment Management, Robeco, M&G, IAPF, Mercer, TEG
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‘Link investment policies to scheme demographics’, says trustee
Schemes’ investment policies should be geared to the age of a scheme’s population, says Dutch pension trustee Paul de Geus
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Wednesday people roundup
RPMI Railpen, Standard Life Investments, Candriam, AP3, SEB Markets, GMO, QMA, Cambridge Associates, Aon Hewitt, Xerox, TISA, Robeco, HSBC Securities Services
- White papers
Investors Can Hold US Companies Accountable to Roundtable Pledges
Leading US CEOs recently pledged to redefine the role of the corporation in society. But will they make good on their promises? Responsible investors need a clear way to evaluate whether a company is really making progress by doing good for both society and investors.
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Netherlands: Pension funds to switch to DC by 2028
Long-awaited transition to happen despite complications of the Dutch pension system
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Wednesday people roundup [updated]
Fondo Cometa, Candriam, PIMCO, Bayside Capital, OECD Centre on Green Finance and Investment, PensionDanmark, Jupiter, Pioneer, IASB, RJ O’Brien, Citigroup Global Markets, Pemberton, ANZ Bank, Xerox HR Services, LCP