Global

GLOBAL - Experts have warned pension funds to carefully scrutinise their portfolios as the current market conditions caused by the crisis in the US sub-prime mortgage market could have effects on different asset classes.

INCLUDING: US/UK - Fund managers favour equities; US - Watson Wyatt results; UK - Mercer strengthens European business development team; UK - PPF coffers

GLOBAL - Pension analysts have claimed the turmoil in global markets has put hedge fund replication techniques firmly under the spotlight.

INCLUDING: UK - Fidelity fund launch; US - Index additions; UK - Hymans Robertson appointment

GLOBAL - A third of pension funds do not hedge their currency risk at all, according to the results of this month's Global Pensions 100 Panel.

GLOBAL - The vast majority of pension funds have not invested in 130/30 (and similar) funds and have no plans to, found the results of the latest Global Pensions 100 Panel.

INCLUDING: US - CalPERS adopts principles-based approach for emerging markets; UK - Wright choice for State Street Corporation; UK - Watson Wyatt boosts team; China - Prudential raises stake in Chinese venture

INCLUDING - OTPP firm over BCE repricing; Indian government criticised.

AUSTRALIA / UK - Institutional fund manager, QIC, has invested in the Henderson Global Investors' Global Equity Multi-Strategy fund.

INCLUDING: EUROPE - Mercer appoints leaders; CANADA - Ontario Teachers' Pension Plan acquires Chilean company; FRANCE - Fortis Investments' second quarter results; AUSTRALIA - Russell boosts institutional sales team; US - CalPERS develops pension technology...