UK - Pension funds may finally be reaping the benefits of currency alpha products, according to BNY Mellon Asset Servicing.

THE Hedge Fund Working Group has published its best practice standards for hedge fund managers

NETHERLANDS - PGGM's CIO for portfolio management, Piet Roelandt, has announced he will step down in May to pursue an alternative path in financial markets.

UK - The Cabinet Office Civil Servants Pension Scheme (COCSPS) has reappointed Hewitt as its actuarial consultant.

AUSTRALIA - QIC has signed the United Nations Principles for Responsible Investing (PRI), pledging to incorporate environmental, social and corporate governance (ESG) issues in the development of its investment strategies.

PENSION schemes suffered the largest ever single daily increase in FRS17 deficits yesterday as global stock markets plunged, consulting firms calculate.

NORWAY - The Governmental Pension Fund - Global has been urged to evaluate its ethical guidelines by environmental and solidarity NGO, the Future in Our Hands (FIVH).

CRU INVESTMENT MANAGEMENT has launched a fund investing in sub-Saharan Africa.

SOUTH AFRICA - Experts have warned the government has been "dragging its feet" on pension reform and the 2010 deadline will not be met.

US - The California Public Employees' Retirement System (CalPERS) has appointed Anne Sheehan to the CalPERS board.