HEDGE fund performance continued to lag global equity returns in April, preliminary data reveals.

A THIRD of pension schemes are willing to set funding targets below "trigger" levels set out by The Pensions Regulator under the Statutory Funding Objective regime, research has found.

FUNDING increases to the Financial Assistance Scheme set out in the Pensions Bill are "so mean as to be morally indefensible," the Conservatives have said.

LYXOR Asset Management has entered the UK marketplace with the launch of three exchange-traded funds based on FTSE indices.

PENSION funds moving into accounting surplus will force firms to set up contingent funding arrangements in a bid to avoid trapping cash in the scheme, Watson Wyatt says.

Gloabl - A report from the OECD has pointed to the potential of pension fund money in the development of global infrastructure.

UK - A group of hedge fund bands are set to rock Café de Paris in London in aid of disability charity ALTSO.

US - The Californian Public Employees' Retirement System (CalPERS) second manager development programme, a niche fund in the plan's portfolio (MDPII), will benefit from increased flexibility to enter emerging markets.

US - Tyco International has agreed to pay out US$3bn in a class action settlement to investors including the Teachers Retirement System of Louisiana and Louisiana State Employees Retirement System.

NETHERLANDS - PGGM has agreed to invest up to $100m with Behringer Harvard in a geographically diverse portfolio of apartment communities in US metropolitan areas.