Investment

CANADA - The Canada Pension Plan Investment Board saw investments fall 1.3% in the fiscal first quarter due to declining equity markets.

Standard Life has seen net corporate business inflows increase by 64% in the first half of the year.

Rumours are escalating in the City that fund manager Gartmore could be ripe for a takeover approach, as its share price languishes more than £1 below its December 2009 flotation price.

FRANCE - The Fonds de Réserve Pour les Retraites was down 4.2% in the second quarter, reversing gains in the first three months of the year.

DENMARK - The Danish government wants to set up a DKK5bn ($880m) venture capital pool with the country's pension funds to invest in small and medium sized domestic businesses.

The Pensions Regulator has appointed Nigel Peaple as head of corporate and international affairs.

A record £12.5bn risk transfer deals were done in the first half of the year and a quarter of major firms will de-risk by 2012, Hymans Robertson predicts.

GLOBAL - Companies in more countries are starting to adopt the two-tier model of defined contribution funding typically found in the US, said Craig Burnett, Mercer's European head of DC.

US - The funding status of US corporate pension funds improved nearly three percentage points in July on the back of strong global equity performance, BNY Mellon Asset Management says.

The Debt Management Office has "no plans" to introduce CPI-linked gilts to help schemes hedge inflation, PP can reveal.