EUROPE - Responsible investment has not hurt returns, according to a report by UNEP & Mercer.

FRANCE - The Fonds de Réserve pour les Retraites (FRR) has attributed its its positive results over the past months to tactical allocation.

CANADA - Canadian pension funded ratios were at the highest level in five years, according to Watson Wyatt.

POSTAL workers are to be balloted on Royal Mail's offer on pay and pensions as their series of strikes appears to be over.

GLOBAL - Institutional investor confidence in the US was at an 18 month low, with confidence in Asia also down and the European outlook barely improved over last month, according to State Street Global Markets.

THE DEBT Management Office has revealed that today's auction of £925m of 30-year index-linked bonds was 1.72 times oversubscribed.

TOO MANY investment choices turn defined contribution scheme members off saving, a report by Barrie & Hibbert warns.

DENMARK - Pensionskassernes Administration (PKA) has announced it has acted to divest its DKK65m (US$12m) holding in oil companies working in Burma.

BALANCED pooled funds saw median returns of -0.1pc in the third quarter of 2007, latest CAPS figures from BNY Mellon Asset Servicing reveal.

US - Alaska Permanent Fund has recoved from loses earlier in the quarter to end on positive returns of 2.7% for Q1 of the fiscal year.