Europe

UK - The National Association of Pension Funds (NAPF) has launched a guide to investing in commercial property for pension funds at the its annual conference in Edinburgh.

SPAIN - BBVA Fondo de Empleo has announced it will invest 5% of its pension fund assets into alternatives.

UK - Pension funds' views of consultants have been revealed in the first survey of its kind in the UK, at the NAPF's Investment Conference in Edinburgh.

UK -The Firebrigade's Union (FBU) has launched a legal challenge against a government ruling that has left some badly injured or disabled firefighters without pension rights.

UK - Xafinity Consulting has been appointed by Burger King to improve pension scheme services for its members.

DENMARK - The DK445bn (US$90.7bn) ATP fund has signed up to the Carbon Disclosure Project (CDP).

UK - JPMorgan has been appointed as sole global custodian to the £2.2bn (US$4.3bn) Devon County Council Pension Fund.

UK - The Universities Superannuation Scheme (USS) Ltd has bought the Eden Walk Shopping Centre in Kingston-upon-Thames for £80m (US$158m).

EUROPE - Morgan Stanley Investment Management (MSIM) has appointed Joseph McDonnell as head of global portfolio solutions (GPS) for Europe, Middle East and Africa (EMEA).

UK - Personal account charging structures should be simple, transparent and fair, according to research published by the Personal Accounts Delivery Authority (PADA).