GLOBAL - Axa, Europe's second-biggest insurer, said its funds investing in catastrophe bonds and other insurance-linked securities may more than triple their assets in the next five years, helped by demand from pension managers.
CANADA - Ontario Municipal Employees Retirement System (OMERS) saw the value of its assets rise to $53.3bn in 2010, up from $47.8bn a year earlier.
US - Illinois, which plans to sell $3.7bn of pension bonds next week, may seek a federal guarantee on retirement-system debts if its unfunded liabilities can't be eliminated, according to budget documents.
US - Proposed legislation covering the US swaps market risks causing "severe market disruption" for dealers and pension fund clients, an industry body has warned.
GLOBAL - Institutional investors have increased pressure on the world's largest stock exchanges to demand sustainability reporting by listed companies.
US - The Illinois State Board of Investment is considering whether to reallocate part of its non-US equity portfolio to dedicated emerging market managers.
US - Henry "Hank" Morris, the chief political advisor to former New York comptroller Alan Hevesi, has been sentenced to four years in prison for his involvement in a pay-to-play scandal.
US - The Teacher Retirement System of Texas plans to boost investments in large cap stocks, real estate and hedge funds, while curbing fixed-income and currency holdings.
US - The California Public Employees' Retirement System (CalPERS) has introduced a raft of governance measures following an investigation into the use of placement agents.
Chris Panteli looks at the range of alternatives trustees are turning to as a result