Europe

UK - NEST has today unveiled its investment strategy and published its first statement of investment principles.

EUROPE - Hedge fund guru George Soros has argued the European Financial Stability Facility (EFSF) must take control of Europe's banking system if it is to solve the sovereign debt crisis without causing another banking collapse.

UK - The BBC has agreed an 11-year repayment plan with the scheme trustees to address its £1.1bn ($1.7bn) deficit.

UK/AUSTRALIA - The Responsible Investment Association Australasia (RIAA) is to meet with UK fund managers today to discuss how they can meet the growing demand for responsible investment strategies from superannuation funds.

UK - Global institutional investors have welcomed Chancellor George Osborne's confirmation that £3bn ($4.8bn) will be provided to fund a Green Investment Bank in today's Budget.

UK - Chancellor George Osborne confirmed the government will implement a single-tier state pension.

US/UK - The recent initial public offering announcement by Apollo is a boon to the private equity industry, as it will help "demystify" the market, said Alan MacKay, chief executive of Hermes GPE.

UK - Henderson shareholders have voted overwhelmingly in favour of the acquisition of Gartmore, with 99.97% giving the go-ahead.

UK - The pension scheme risk transfer market is set to grow a further £20bn ($32bn) over the next 18 months, Hymans Robertson figures predict.

UK - The £8.5bn ($13.6bn) Aviva Staff Pension Scheme is looking to increase its allocations to real estate related assets to 15% over the next two years as it looks for long-term, liability matching assets.