NETHERLANDS - Stichting Bedrijfstakpensioenfonds Zorgverzekeraars (SBZ) awarded a €135m (US$198m) real estate mandate to Russell Investments in an effort to reduce its home-country bias.

CANADA - The C$87.4bn (US$81.8bn) Ontario Teachers Pension Plan (OTPP) will acquire an additional 35.5% stake in UK-based Bristol International Airport (BIA) in a deal with Macquarie Airports.

SPAIN - Spanish defined contribution plans posted positive annual results for the first time since 2007, data from the Asociación de Instituciones de Inversión Colectiva y Fondos de Pensiones (Inverco) revealed.

US - The Delphi Salaried Retirees Association (DSRA) filed suit against the Pension Benefit Guaranty Corporation (PBGC) yesterday, challenging the termination of the salaried employees' pension plan.

US - TIAA-CREF has divested from Israeli investment company Africa-Israel following allegations such company violates human rights and international law.

US - A pension fund and a health fund will be lead plaintiffs in two separate class actions filed against Structured Asset Mortgage Investments (SAMI) and Bear Stearns Asset-Backed Securities (BSABS).

Pension Insurance Corporation is set to insure the remainder of the Thomson Regional Newspapers Pension Fund, a pension scheme sponsored by Citigroup.

US - The US Airline Pilots Association (USAPA) has filed a lawsuit against the Pension Benefit Guaranty Corporation (PBGC) seeking the removal of the PBGC as trustee of US Airways pilots' pension plan.

NORWAY - The Government Pension Fund - Global has excluded Israeli company Elbit Systems from its portfolio on the basis of ethical reasons.

Pension Insurance Corporation is set to insure the remainder of the Thomson Regional Newspapers Pension Fund, a pension scheme sponsored by Citigroup.