Europe

EUROPE - Almost three quarters of European fund managers fear the new Key Investor Information Document (KIID) will increase costs, research by KNEIP has found.

UK - The combined deficit of the top 100 UK firms' defined benefit schemes has shrunk by £8bn ($12.6bn) over the last year, Pension Capital Strategies says.

EUROPE - Institutional investor appetite for low carbon investment opportunities is being significantly dampened by policy changes, research shows.

EUROPE - EU proposals that over-the-counter derivatives go through a central clearing counterparty could significantly increase costs for schemes.

UK - Two overseas firms have teamed up to challenge the powers of the UK's pension regulator to require they provide financial support to their UK pension funds.

UK - The industry is likely to be kept waiting until November to hear the findings from the auto-enrolment review, Nigel Waterson says.

UK - Aegon is set to wind down its UK trustee solutions business which provides third party administration services.

UK - Scheme allocation to alternatives will rise to more than a third of assets over the next two to three years as funds shy away from equities, J.P. Morgan Asset Management research suggests.

EUROPE - Nearly half of all European pension funds are imprecisely modelling their liability hedging portfolios, a new survey by EDHEC-Risk Institute finds.

EUROPE/US - Northern Trust (NT) is to transition hedge funds managed by Signina Capital AG from offshore domiciles to Luxembourg in response to growing investor demand for tighter governance.