UK - Mark Rowlands has resigned as AXA head of consultant relations.

US - The California Public Employees' Retirement System plans to hire Meketa Investment Group as its lead infrastructure consultant if the appointment is approved at a December 14 investment committee meeting.

US - California-based investment manager TCW announced Friday it fired chief investment officer Jeffrey Gundlach and has acquired bond manager Metropolitan West Asset Management (MetWest).

US - The funding status of US corporate pension plans rose to a six-month high in November, according to BNY Mellon Asset Management Statistics.

US - A bill introduced into the US Senate yesterday will require 401(k) providers to inform participants of the monthly income they can expect in retirement.

GLOBAL - The World Bank has raised US$130m from institutional investors, including some of the world's largest pension funds, through its green bond issuance.

US - Media publisher McClatchy said it expects to lose US$32m from its investment in a fraudulent scheme run by Westridge Capital Management.

Nearly 60% of those polled in the Global Pensions 100 Panel have not been increasing their exposure to emerging markets, despite the regions' strength coming out of the financial crisis.

Just over 7% of GP panel members surveyed this month have had to ask employees to contribute to their pension funds for the first time.

NETHERLANDS - The Stichting Notarieel Pensioenfonds (SNPF) has hired AEGON Asset Management to run a fixed income brief incorporating a portable alpha strategy, AEGON said.