Global

GLOBAL - Investors can benefit from greater regional diversification in the real estate investment trust (REIT) market and gain access to global markets through a more liquid means than traditional direct real estate investing, according to Mercer Investment...

GLOBAL - SEI Investments Company achieved a significant 23% increase in its third quarter profit while revenue was up more than half, thanks largely to the consolidation its equity stake in LSV Asset Management.

US - Jean-Michel Loehr has been appointed CEO of RBC Dexia Investor Services Bank, and will also join the RBC Dexia Investor Services executive committee.

GLOBAL - Standard & Poor's will co-head a consortium to develop an index of emerging market companies based on environmental, social and corporate governance (ESG) performance.

GLOBAL - The £28bn Universities Superannuation Scheme in the UK and the $19bn Mississippi Public Employees Retirement System are taking on US media giant Viacom in a class action law suit regarding excessive executive compensation, Global Pensions can...

EUROPE - The European Commission (EC) has sent letters of formal notice to the Czech Republic, Hungary and Poland for failing to properly transpose a pensions directive on the supervision of institutions for occupational retirement provision.

GLOBAL - Pension funds run the risk of creating a "vicious circle" of demand for bonds, stated the Organisation of Economic Co-operation and Development (OECD).

GLOBAL - Pension funds' attitudes as to who should intermediate their investment advice have fragmented, with funds showing a strong bias towards independent consultants according to a Global Pensions survey. The Global Pensions 100 Panel was asked which...

GLOBAL - More than a third of pension funds prefer fundamental indices over free float market capitalisation indices, a clear indication that the concept is gaining sway.

GLOBAL - Institutional demand for hedge funds is set to triple to over US$1trn by 2010, led by pension funds seeking new asset classes to better match their growing liabilities, a report has claimed.