European Schemes To Use Derivatives In Property Portfolios

European pension funds are set to increasingly use derivatives in their real estate portfolios as they become more aware of disadvantages to direct property, said Nick Tyrell, director of research at JPMorgan Asset Management's European real estate team.

Consultant Trends Toward Boutique Names

Independent consultants, a fixture of the defined benefit business but now an increasingly large part of the subadvisory market, are leaning toward recommending small boutique firms for subadvisory mandates.

JPMorgan Mulling A Merger With F&C

Two emerging fund trusts operated by subsidiaries of JPMorgan and F&C Asset Management are talking about merging their forces to produce what reportedly would be one of the largest funds in the sector, Reuters reports.

Seattle Advisor To Launch Eco Fund

Light Green Advisors, a Seattle-based investment advisor to several socially responsible managed accounts portfolios, is planning a registered fund that follows the firm's environmentally sensitive perspective.

RBC Launches Advisory Program

RBC Dain Rauscher launched a fee-based non-discretionary managed account program, dubbed RBC Advisor, last month at its annual symposium in St Louis, Minn.