The $30 billion Labour Pension Fund has put aside the asset-allocation plan completed by Mercer last March and is looking for a new adviser.
A letter to the editor from David Webb criticises the endowment approach underlying Hong KongÆs efforts to finance a new development project.
Hong KongÆs new $2.8 billion endowment seeks outside expertise on how to pick fund managers.
Nordic Financial Systems appoints Christopher Jurss as a senior technical consultant to Asian clients.
Meanwhile China''s social security funds manager is selecting a new set of domestic external managers.
Short of options: Raymond Wong of Cheetah Investment explains why he is seeding Asian long-only absolute return funds.