Multi-manager

UK - The £1.4bn Avon Pension Fund has hired Partners Group and Schroders to manage a property mandate worth approximately £180m.

FRANCE - BNP Paribas has backtracked on a statement made Wednesday by Michel Anastassiades, global chief executive of subsidiary FundQuest, about the state of negotiations over the Fortis acquisition.

FRANCE- BNP Paribas believes Fortis shareholders who blocked its acquisition of the troubled bank have changed their stance and BNP will be able to successfully negotiate a deal by the March 6 deadline.

FRANCE- BNP Paribas Investment Partners (BNPP IP) has added two deputy chief executives to its top management line-up.

The £2.2bn Avon Pension Fund has awarded a £90m property mandate to Schroders as part of a wider allocation to UK and European property.

UK - The £2.2bn Avon Pension Fund has awarded a £90m property mandate to Schroders as part of a wider allocation to UK and European property.

Investment Solutions has launched a monthly index for small to medium schemes in a bid to demonstrate movements in deficits and highlight when funds can lock in gains.

GLOBAL - Pension funds believe investment management fees are too high and need to come down, a study by bfinance has found.

Pension funds believe investment management fees are too high and need to come down, a study by bfinance finds.

In its second annual roundtable on the topic, Global Pensions gathered key spokespeople in Stockholm to discuss investment in emerging markets