US - The California Public Employees' Retirement System has committed a further US$400m to Centinela Capital Partners, which will oversee a new private equity fund of funds for emerging managers.
RETIREMENT incomes could be sliced in half if advisers recommending drawdown fail to ensure clients of all the associated risks, warns Rowanmoor Pensions.
UK - Gartmore has increased its focus on global emerging markets with two new hires as it aims to target the consumer and information technology sectors in these areas.
UK - ING Real Estate Investment Management has appointed Charles Follows as head of UK research and forecasting.
DURHAM County Council Pension Fund is to restructure its entire investment portfolio after a 12 month review of assets and liabilities revealed a £321m funding deficit.
SWEDEN - Occupational pensions company Alecta increased its assets under management by €2.16bn in the third quarter, taking its total AuM to SEK416.6bn (€45.1bn).
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RUNNING a national pension savings scheme at a cost of 0.3pc will not be achieved "for years, if at all", Australian senator Nick Sherry has warned.
CHANCELLOR Gordon Brown will make an "awful" prime minister based on his record of dismantling UK pension provision, says shadow chancellor George Osborne.
CANADA - The C$122.2bn Caisse de dépôt et placement du Québec (Caisse) is set to purchase a $9m equity interest in Immunotec Research, a marketer of health products.