SCHRODERS' pooled funds have posted poor results just weeks after the asset manager revealed institutional investors have withdrawn almost £2bn of funds during the third quarter of 2006.

Independent commercial property consultancy Hartnell Taylor Cook have sold two West End listed buildings for over £10m.

NETHERLANDS - The Dutch Painters Pension Fund has appointed Credit Suisse Asset Management to manage a tailor-made private equity fund of funds worth €45m.

UK - The government is to unveil pension proposals that would see up to 10 million workers automatically enrolled in a new low cost pension system.

Public sector urged to overhaul pensions; Bonuses soar as demand for talent rises; TH Global's revamped strategy; Ex-HSBC real estate head sets up firm

CARIBBEAN - Pension funds reducing their equity holding have contributed to a stagnation of stock markets in Trinidad and Tobago, Jamaica and Barbados, said Ewart Williams, governor of the Central Bank of Trinidad and Tobago.

UK - The £1.1bn Northamptonshire County Council Local Government Pension Scheme is tendering a total of £50m to be divided into two fund of hedge fund mandates, marking its first foray into the asset class.

TAXPAYERS contributions to public sector pension arrangements should be capped, the Confederation of British Industry urges.

US - Pension costs in California could rise exponentially with the Legislative Analysts Office (LAO) claiming the retirement rate of teachers was set to "jump notably" in the next few years.

US - The Pennsylvania State Employees' Retirement System (SERS) has announced it has reached a US$93m settlement with healthcare and disability provider CIGNA Corporation.