Pension funds are looking for more control over how their fixed income benchmarks are constructed, as Raquel Pichardo-Allison reports

PERU - Peru's central bank has increased the amount pension funds can invest in international assets by two percentage points to 30% of their overall portfolios.

US - The 100 large defined benefit plans tracked by Milliman are carrying their biggest deficits in a decade.

UGANDA - Uganda's National Social Security Fund is signing on new asset managers to help it manage its equities portfolio.

SOUTH KOREA/EUROPE - The National Pension Service of Korea has hired Rockspring Property Investment Managers to invest $400m in commercial property across Europe.

Funds using socially responsible investment strategies failed to outperform more traditional funds and did not safeguard assets during the financial crisis, research from the EDHEC-Risk Institute shows.

GLOBAL - Fidelity International is changing its name to ‘Fidelity Investment Managers' in an effort to better reflect the group's primary focus.

GLOBAL - Funds touting socially responsible investment strategies have not proven to outperform more traditional funds and did not safeguard assets during the financial crisis, research from EDHEC-Risk Institute shows.

A group of institutional investors with some $558bn (£362bn) in assets under management is urging global stock exchanges to require listed companies to report how environmental, social and governance factors impact their businesses.

GLOBAL - A group of institutional investors with some $558bn in assets under management are urging global stock exchanges to require listed companies to report how environmental, social and governance (ESG) factors impact their businesses.