GLOBAL - ETF Securities (ETFS) has listed two new infrastructure funds which the firm believes are particularly suitable for pension funds.

UK/AUSTRALIA - The Responsible Investment Association Australasia (RIAA) is to meet with UK fund managers today to discuss how they can meet the growing demand for responsible investment strategies from superannuation funds.

SWITZERLAND - Swiss & Global Asset Management and Swiss Hedge Capital have launched the first single manager hedge fund to be regulated by the Swiss Financial Market Supervisory Authority (FINMA).

Global institutional investors have welcomed Chancellor George Osborne's confirmation that £3bn will be provided to fund a Green Investment Bank in today's Budget.

UK - Global institutional investors have welcomed Chancellor George Osborne's confirmation that £3bn ($4.8bn) will be provided to fund a Green Investment Bank in today's Budget.

GLOBAL - Hedge fund managers will have to lower fees, change their business strategies and lower their risk tolerance as pension funds increase their allocation to the asset class, Moody's Investors Service believes.

CZECH REPUBLIC - The Czech government is considering setting up a "low-cost" state-run pension fund to oversee people's retirement savings which may put pressure on private pension managers to keep fees low.

GLOBAL - Towers Watson has appointed Rory O'Brien as global risk consulting and software leader following the departure of Steve Taylor-Gooby after 25 years at the company.

ASIA - The variety of economies at different stages of development in the ASEAN bloc offers a compelling opportunity for institutional investors, Baring Asset Management believes.

JAPAN - Japan should not tap funds said aside for pension payments to fund disaster relief efforts, economics minister Kaoru Yosano has said.