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NETHERLANDS/UK - PGGM is in advanced negotiations with Barclays Capital to acquire its majority stake in University Partnerships Programme, the UK's largest developer of university campuses, according to reports.
US - The $146.9bn New York State Common Retirement Fund has allocated $300m to Artemis Real Estate Partners as its initial investment in a new emerging manager component within the asset class.
AUSTRALIA - The Australian Institute of Superannuation Trustees (AIST) has called for the abolition of the A$450 ($437) monthly earnings threshold for superannuation guarantee contributions.
US - The New York attorney general and the United States attorney general have launched separate lawsuits against Bank of New York Mellon accusing it of overcharging state and nationwide pension funds on foreign exchange currency trades.