Global

GLOBAL - Money market funds rose in popularity in 2005 over bank deposits in 2005 for institutional investors, according to a survey by JPMorgan Asset Management.

GLOBAL -Sogeposte, the asset management subsidiary of La Banque Postale, has announced it is to join the Enhanced Analytics Initiative (EAI) as a full member. The EAI , which includes members such as the Stichting Pensioenfonds ABP and the London Pension...

GLOBAL - Credit Suisse has confirmed it is considering using the FXall foreign exchange platform.

GLOBAL - British Airways have confirmed any decision to close its final salary pension scheme would cost the company more than double its current pension deficit.

GLOBAL: The 187bn Stichting Pensioenfonds ABP (ABP) action against has been met with defiance from two of the three key defendants Shell and KPMG who claimed they will strongly defend their cases.

GLOBAL - Pension schemes could generate more alpha by opting for a sector-specific approach to global equities rather than a country focus, said T. Rowe Price.

GLOBAL - Investment managers throughout the globe are expecting pension funds to increase allocations to more diverse alternative investments, according to Mercer Investment Consulting's 2006 Fearless Forecast.

LONDON - A strong equity market performance could not stop pension scheme deficits in the FTSE 350 companies soaring 24% to £93bn last year, Mercer Human Resource Consulting has found.

GLOBAL - John Ashcroft, head of strategy at the Pensions Regulator, has been re-elected as president of The International Organisation of Pension Supervisors (IOPS).

The Global Pensions team are taking a well-earned break and will return with your daily newswire on 3 January. We hope those of our readers taking a festive break have a merry one. And we wish all of our readers a prosperous 2006.