Some 93% of institutional hedge fund investors are considering increasing their allocation to the asset class over the next three years, suggesting a "significant" inflow of capital to come, research by Preqin suggests.

GLOBAL - US small cap growth was one of the best-performing asset classes in the first quarter of the year,with tope performer Sawgrass Asset Management posting returns of 21.5%, the latest PSN Top Guns list shows.

AUSTRALIA - The A$1.5bn ($1.57bn) legalsuper reported a 15% jump in employer contributions for the nine months to 31 March 2011 compared with the same period last year.

AUSTRALIA - Energy Super, the A$3.8bn ($4bn) industry superannuation fund, has selected financial services technology provider Financial Synergy to deliver its administration platform.

GLOBAL - HSBC Global Asset Management has launched the first CIVETS fund available to institutional investors.

GLOBAL - Some 93% of institutional hedge fund investors are considering increasing their allocation to the asset class over the next three years, suggesting a "significant" inflow of capital to come, research by Preqin suggests.

GLOBAL - Africa and Russia represent some of the best investment opportunities for funds considering emerging and frontier markets, Danish pension funds heard.

CANADA - The Canada Pension Plan (CPP) ended the fiscal year with a C$20.6bn ($21bn) increase in assets under management, marking an all-time high for the fund.

Manager search activity increased in 2010 with emerging markets and alternative asset classes receiving most interest, research by Mercer reveals.

EUROPE - Pioneer Investments has appointed current head of western Europe Fabien Madar as head of the Netherlands and Nordics.