Pension schemes are starting to expand their risk management practices to include non-financial, operational and strategic risks, Aon consulting claims.

Pension schemes are still eyeing opportunistic investments despite the severity of the current crisis, asset managers say.

SOUTH KOREA - Former president and chief executive of the South Korean National Pension Service (NPS) Ho Shik Kim has joined the board of Darby Overseas Investments, the private equity arm of Franklin Templeton Investments.

The Financial Services Authority has dismissed concerns over any possible contrast between Sir David Walker's recommendations on shareholder engagement and its own rules.

US - CalSTRS is set to review its global equity mandates and will make changes "as necessary" in the wake of losses in excess of 30% last year, the scheme outlined in its 10-year investment plan.

GLOBAL - Corporate pension schemes are lagging behind other categories of asset owners in signing up to the United Nations Principles of Responsible Investment, a consultant claimed.

UK - Pension Corporation is considering an initial public offering as pension plan deficits soar, a source familiar with the matter confirms.

Corporate pension schemes are lagging behind other categories of asset owners in signing up to the United Nations Principles of Responsible Investment, a consultant claims.

Pension Corporation is considering an initial public offering as pension plan deficits soar, a source familiar with the matter confirms.

EUROPE - Investors have shown renewed confidence to private equity pushing fundraising by European private equity funds up by 18% in the second quarter, data by the European Private Equity and Venture Capital Association (EVCA) revealed.