VBV Pensionskasse will manage Land Salzburg Pensionskasse, the EUR2.7 million pension scheme for the civil servants and non-permanent employees of the Austrian Land Salzburg.
The GBP320 million London Borough of Sutton Superannuation Fund is undergoing an actuarial and strategy review, with results expected in December and decisions following in March.
The city of Sankt Augustin has chosen General Versicherungen to manage a new pension fund for its 230 voluntary firemen.
Kantonale Pensionskasse Solothurn, the CHF2.4 billion (GBP1.5 billion) multi-employer defined contribution scheme, plans to raise its bonds allocation while reducing its exposure to equity.
Pensionskasse Basel-Stadt has terminated a manager handling an active Swiss equity mandate.
Capital International has seen its international equity portfolio with the New Zealand Earthquake Commission split in half and awarded to PanAgora Asset Management.
Wiltshire County Council Pension Scheme has long-term plans to passively manage and reduce its U.K. equity allocation.
Durham County Council Pension Fund is currently undergoing its actuarial valuation, assisted by Hewitt Associates.
Deloitte Consulting GmbH has been hired by the European Central Bank to act as actuary for the ECB’s pension fund.
The GBP650 million London Borough of Wandsworth Superannuation Fund has appointed Northern Trust as its new global custodian.
The GBP222 million Shetland Islands Council Reserve Fund is planning to restructure its portfolio following an asset strategy review.
Alvesta Kommun, a Swedish local authority, has been instructed to retender its pension administration services by an administrative court in Vaxjo, an unusual level of court involvement in a tender process.
The GBP878 million London Borough of Camden Pension Fund has switched its property managers in favour of a mix of U.K. and overseas investments.
Hewitt Associates has won a mandate to be Royal British Legion Staff Pension Fund’s investment consultant; it will look to apply a new investment strategy by the end of the year.
A move into alternative investments is still a possibility for the GBP360 million Royal London Borough of Kingston upon Thames Pension Fund, although members decided against it earlier this year.
Baillie Gifford has lost a GBP160 million U.K. equity mandate as part of a change in strategy for the Wiltshire County Council Pension Fund.
ING Real Estate Select has lost a mandate from GBP1.3 billion North Yorkshire County Council Pension Fund following its move to the Netherlands earlier this year.
Eigersund Kommune, the Norwegian local authority, has tendered for a new administrator for its pension fund services.
Norwegian local authority Sykkylven Kommune is reviving a tender process for a new pension fund administrator.
Dexia Insurance Belgian (DIB) and Ethias have been awarded the management of a new second pillar pension scheme for the contractual employees of Belgian local authority administrations.
The GBP571 million London Borough of Barnet Superannuation Fund has appointed State Street Global Advisors as its custodian, the first for the scheme.
Bærum Kommunes Forvaltningsfond, the NOK1.9 billion (GBP200.45 million) municipality investment fund, will broaden its global equity investment by adding a maiden emerging markets carve-out by early 2011.
Swedish local authority Vellinge Kommun is planning multiple fund manager changes by next September.
Stapi Pension Fund, the EUR800 million public defined benefit scheme, recently cut cash investments down from 15% to 7% to invest in other assets in order to further diversify its portfolio.
The Lincolnshire County Council Pension Fund has appointed Goodhart Partners as an absolute return bond investment manager.
The Royal County of Berkshire Pension Fund has put out a tender notice for a global custodian on the Official Journal of the European Union.
Sandvikens Kommun, the Swedish local authority, has appointed a new administrator for the handling of pension fund services.
The GBP1.1 billion Warwickshire County Council Pension Fund has appointed HarbourVest Partners for a new GBP50 million private equity brief.
The GBP200 million University Of Edinburgh Staff Benefits Scheme has appointed Hymans Robertson as its investment adviser.
The GBP397 million London Borough of Redbridge Pension Fund has tendered for several new equity managers for passive global, emerging markets and Asia Pacific strategies.
The GBP700 million London Borough of Islington Pension Fund has appointed two new managers to share a global property mandate.
The GBP70 million Citizens Advice Bureau Pension Scheme has appointed BNY Mellon Asset Management to join incumbent Baring Asset Management in a new real return investment strategy.
The Vlaamse Radio- en Televisieomroep (VRT), the Flemish radio and television network, is tendering for a new administrator for its two pension schemes, worth respectively EUR34.9 million and EUR354 million.
Pensionskasse der Stadt Winterthur, the CHF1.3 billion (GBP807 million) public defined contribution scheme, has awarded a U.S. equity mandate to CEAMS CE Asset Management AG. Details of the transaction are not yet known.
The GBP2.17 billion Teesside Pension Fund (AVC) is nearing the end of its triennial asset valuation, with the results expected in October, to be followed by an asset/liability study.
Pensionskasse Post, the CHF12.6 billion (GBP7.8 billion) hybrid pension scheme, has decided to sell some of its international real estate.
Personalvorsorgestiftung der Graphischen Industrie, the CHF130 million (GBP60.7 million) public defined benefit scheme, has recently decided to switch its focus to corporate bonds from sovereign bonds.
The London Borough of Havering Pension Fund has appointed Hymans Robertson as its new actuary to help undertake the fund’s triennial valuation.
The GBP660 million London Borough of Lewisham Pension Fund’s new investment committee may reconsider its switch to a boutique-style strategy.
The GBP1 billion Cardiff & Vale of Glamorgan Pension Scheme has released a tender notice to the Official Journal of the European Union looking to hire a new manager for a global real estate fund of funds mandate.
Caisse de Prévoyance du Personnel de l’Etat de Fribourg (CPPEF), the CHF2.6 billion (GBP1.6 billion) public hybrid scheme, has hired PPCmetrics and one other Swiss consultant to conduct two separate asset/liability matching studies to be run concurrently until the end of August.
The GBP320 million Powys County Council Pension Fund has appointed three new global equity managers to share a mandate worth up to GBP30 million.
The GBP920 million Shropshire County Council Pension Fund has released a tender notice on the Official Journal of the European Union for a new investment consultant.
The London Borough of Islington Pension Fund has submitted a tender notice to the Official Journal of the European Union for two separate passive mandates for equity and fixed income.
The GBP1.3 billion Buckinghamshire County Council Pension Fund has reappointed Mercer as its investment consultant.
The NZD1.8 billion (GBP832 million) National Provident Fund has terminated a couple of its managers for a global listed property portfolio.
The GBP1.4 billion Rhondda, Cynon, Taff County Borough Council Superannuation Fund has appointed a new global passive equity manager and two U.K. equity managers.
The GBP1.4 billion Greater Gwent (Torfaen) Borough Council Pension Fund has raised its strategic asset allocation to alternatives to 4% on top of a 2% allocation to U.K. property via property unit trusts (PUT).
The GBP1.5 billion pension scheme for East Sussex County Council, has finalised contracts with five new external fund managers as it puts in place a new investment strategy.
Universität für Bodenkultur and Veterinärmedizinische Universität, two Vienna-based scientific universities, have tendered to join an existing multi-employer defined contribution scheme that will provide pensions to the universities’ employees.
The University of Edinburgh General Investment Fund has made recent changes in the asset mix to include corporate short-term bonds for the first time.
The four Swedish buffer funds—AP-Fonden 1 to 4—have tendered a mandate for analysis of environmental, social and ethical aspects of potential investments.
Domanys Yonne Habitation, a French council flats provider, is looking for an investment manager to handle the second pillar of its pension scheme.
KPA Pensionservice AB has won a mandate to provide pension services to the Stockholm Läns Landsting, the Stockholm county council pension fund.
Bernische Pensionskasse, the CHF8.6 billion (GBP5.4 billion) Swiss public defined benefit scheme, plans to increase its real estate exposure.
The GBP4.2 billion Tyne & Wear Pension Fund is planning an asset/liability review for next year as the scheme nears completion of an actuarial valuation.
PricewaterhouseCoopers has been hired as investment consultant for Etablissement de Retraite Additionnelle de la Fonction Publique (ERAFP), the EUR9 billion French public pension fund.
The PHP11.6 billion (GBP166 million) Armed Forces of the Philippines Retirement & Separation Benefits System may hire external managers for the first time as the country’s new presidency settles in.
Alpen-Adria Universität in Klagenfurt and Leopold-Franzens-Universität in Innsbruck, two Austrian universities, are looking to join an existing multi-employer defined contribution scheme that will provide pensions to the universities’ employees.
Three alternatives fund managers have won mandates from London Borough of Hillingdon Superannuation Fund as the GBP500 million scheme increases its allocation to alternatives for portfolio diversification.