UK- London Borough of Brent Pension Fund invests in infrastructure; US- Delta Airlines pension contribution; NETHERLANDS- Anti-social behaviour

GLOBAL - On the first anniversary of the collapse of Lehman Brothers, fund management groups agree it was the "erroneous" decision to let the investment bank fail which almost crippled the global financial system.

SWEDEN - Swedish pension fund AP3 reported returns of 5.3% before expenses in the six months ended June 30.

NORWAY - Norges Bank Investment Management (NBIM), manager of the Government Pension Fund - Global, has reorganised its top ranks naming eight new executives, NBIM said today.

AUSTRALIA - The first phase of Australia's overarching review of its superannuation system has been launched, with a new issue paper asking for feedback on the role the government should play in superannuation investments, including other topics.

JAPAN - The country's Government Pension Investment Fund (GPIF) returned 3.89% in the quarter ending June 30, it's first positive quarter since the same time last year.

DENMARK - Pension manager ATP Group said it made a DKK4.3bn (US$825m) contribution in the first half of the year to cover the cost of increased life expectancy among Danes, three and a half times last year's provision.

NEW ZEALAND - The Guardians of New Zealand Superannuation have fired Barclays Global Investors from a global large-cap active equities mandate.

US - CalSTRS staff and trustees will begin a review of active versus passive management at an investment committee meeting next week.

SWEDEN - Swedish pension fund AP2 returned 6.4% in the first half of the year as its heavy weighting in equities lifted returns, while AP4 reported returns of 7.9% in the same time period.