SOUTH KOREA - The National Pension Fund may help local companies fight off overseas takeover bids to avoid firms falling into foreign hands, according to a government official.

US - Disillusioned DuPont workers announced they plan to rally today at the company's Richmond plant to protest over cuts to pensions and transferral to a defined contribution (DC) scheme.

SCHEMES investing in Russia should look beyond the traditional oil and gas sector, Baring Asset Management says.

INVESTMENT management firms are vying to build a presence in the Asia Pacific property market to meet scheme demand for global diversification.

THE LONDON Borough of Newham Pensions Fund has appointed JPMorgan Asset Management to manage a £15m currency mandate.

MPC INVESTORS will launch a new hedge fund for institutional investors in September, the fund manager has announced.

US - CalPERS has been warned that to perform better in fixed income it needs to recruit more staff and provide better incentives.

ITALY - A public sector strike was looking increasingly likely today as ministers discussed pension reforms this morning.

UK PENSION schemes and other European investors are increasingly involved in US securities class actions, Institutional Shareholder Services says.

Rapidly developing carbon trading markets are creating a range of opportunities for hedge funds, research shows.