MEXICO - Government-regulated pension funds, the nation's biggest institutional investors, reported 1.38trn pesos($113bn) under management in December, figures show.

CZECH REPUBLIC - Czech Prime Minister Petr Necas said his coalition government will find a compromise on overhauling the pension system within two months that strengthens private savings for retirement.

US - The deficits of S&P 1500 pension funds increased by $86bn to $315bn in 2010, research by Mercer shows.

US - The University of California has rejected demands from executive staff to base pensions on a percentage of their total salaries rather than just the first $245,000.

ROMANIA - Romania's mandatory pension funds returned 15.1% in 2010 and saw assets under management rise to €1bn ($1.3bn) for the first time.

US - Motorola has agreed to contribute $100m to its pension plan over the next five years following negotiations with the Pension Benefit Guaranty Corporation (PBGC).

SOUTH KOREA - National Pension Service, South Korea's biggest investor, may set up a private equity fund with businesses including Samsung and Hyundai, to invest in overseas resource development.

US - Mercer has completed its acquisition of US investment consultant Hammond Associates for an undisclosed sum.

US - A group of Ohio and New York public pension funds have been granted lead plaintiff status in a securities class action against BP.

TURKEY - Anadolu Hayat Emeklilik AS, Turkey's biggest manager of pension funds, has started buying the first lira- denominated bonds ever sold by local banks to benefit from higher returns than are available on government debt.