Global

GERMANY/MEXICO - German insurance and pensions giant Allianz is to sell its Mexican pension fund business Afore Allianz Dresdner (AAD) to the HSBC-owned Grupo Financiero Bital (GFB) in a deal worth $200m.

GLOBAL - Schemes and fund managers are urging BP to tackle human rights and environmental issues as part of its £1.8bn (e2.6bn) oil pipeline project in Azerbaijan.

GLOBAL - Goldman Sachs Asset Management has revealed inflows of $14bn (£8.4bn) in the three months to August 29.

GLOBAL (ex-US) - A new US Real Estate Investment Fund is being offered to investors outside the United States.

GLOBAL - American interests have lost ground to Dutch parties and to a smaller degree to British and Swiss parties in the Dutch pension market, according to latest data from investment consultants Bureau Bosch which investigated 75 investment managers....

GLOBAL - The MSCI Hedge Fund Composite Index has posted an 0.94% return for August - underperforming the MSCI World Index which gained 1.98%.

GLOBAL - Exclusive: A Denver-based investment boutique is offering European pension schemes access to the US small-cap sector through what it claims is the world's first "hybrid" public-private equity fund.

GLOBAL - Talks between Standard & Poor's (S&P) and Schroder Salomon Smith Barney (SSSB) over merging the firms' global index businesses have "reached the point of no return", according to a senior source at S&P. A deal was due to be signed by the end...

BALTIC REGION - The number of people joining Estonia's second pillar pension system has reached just over 300,000, according to the Baltic News Service.

GLOBAL - Blackrock Financial has lost the founder of its high yield business, Dennis Schaney, to Credit Suisse Asset Management.