FIDELITY INTERNATIONAL has boosted its fixed income fund range for UK pension funds and institutions with two new funds.

National pension scheme fails to convince; Pension investor supports buy-out firms; Reviews on pension strategy and managers on the increase; US law firm opens UK office to help pension schemes

ACTIVE equity managers underperformed the FTSE All-Share index in the third quarter of 2006, latest figures from Mellon Analytical Solutions reveal.

AUSTRALIA - Perennial Investment Partners has appointed Patrick Lebourdais as senior equities analyst for Japanese equities.

UK - Balanced pooled funds bounced back from a poor second quarter to post a median return of 3% in Q3, a Mellon Analytical Solutions (MAS) report has found.

HONG KONG - Assets under Management (AuM) for hedge funds in Hong Kong have more than doubled to US$33.5bn in the past two years, an SFC survey has found.

BELIZE - The authorities of Belize must review the pension system and move towards it being actuarially sound, according to the International Monetary Fund.

Schemes are urging ministers to introduce US-style withholding taxes to replace tax breaks abolished by chancellor Gordon Brown.

US - The San Diego County Employees' Retirement Association (SDCERA) has hired a law firm to investigate whether to sue Amaranth Advisors, which cost the fund over $100m when it crashed last month.

British Airways (BA) is to spend billions on new longhaul aircraft, despite being plagued by a £2.1bn hole in its pension scheme.