US - Master trusts returned 3.55% over the first three months of the year, marking the third consecutive quarterly increase, latest figures show.

US - S&P 1500 companies saw their pension deficits shrink by $4bn during April, figures from Mercer show.

UK - Maintaining data integrity must be a key priority for pensions administrators and trustees in the next two years, Aon Hewitt warns.

PERU - Peru will seek to toughen laws to prevent presidential front-runner Ollanta Humala from tampering with $30bn managed by private pension funds should he win next month's election, Finance Minister Ismael Benavides said.

EUROPE - Institutional investors with concerns about rising interest rates should consider Europe's leveraged loan market, M&G Investments believes.

US - J.P. Morgan Worldwide Securities Services has launched an automated platform for daily cash allocation and rebalancing of target date funds.

GLOBAL - Institutional investors who gain their global equity exposure through hiring regional managers may be exposed to unintended risk, Hermes Global Equities Advisors warns.

AUSTRALIA - The demand for private sector involvement in infrastructure investments is increasing and expected to lead to greater availability of quality assets, Mercer Australia believes.

PUERTO RICO - Puerto Rico's A3 general-obligation debt rating is under review for a possible downgrade because of pension strains, Moody's Investors Service said.

US - Robert Grady, the head of the investment panel that advises New Jersey's $72bn pension fund, said last year's Dodd-Frank law should be repealed because it impairs the competitiveness of US capital markets.