The trustees of the Newsquest Pension Scheme have selected the Stenham Universal Fund (a diversified multi-strategy fund of hedge funds) for an investment of £25m and Liongate Capital Management’s Multi-Strategy Fund for an investment of £15m. The allocation to the fund of hedge funds represents 10% of the market value of the Newsquest Pension Scheme. The decision to allocate to these funds of hedge funds was made as part of the pension scheme’s investment strategy of seeking diversification of assets and superior risk adjusted returns. Liability Solutions assisted the Newsquest trustees in the selection of Stenham and Liongate through a competitive tender process.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.