Global

GLOBAL - Multinational companies are looking at innovative ways to redesign defined benefit schemes but will cut contributions by 10% in the process, research by Mercer suggests.

UK/GLOBAL - J.P. Morgan Asset Management has hired Mike O'Brien, BlackRock's former head of institutional business for EMEA, as its global head of the institutional client group.

GLOBAL - Have you missed the biggest stories in pensions this week? Find out below, as we list the top 10 most popular stories on www.globalpensions.com over the past seven days.

GLOBAL - Just 16% of multinational companies feel their existing benefit plan governance structures are sufficient to meet current and anticipated future needs, research by Mercer shows.

UK/Global - Employees at AstraZeneca will strike on three dates in September in a row over cuts to its UK pension scheme, GMB says.

GLOBAL - Have you missed the biggest stories in pensions this week? Find out below, as we list the top 10 most popular stories on www.globalpensions.com over the past seven days (13 August - 20 August).

Contingent assets have been used in scheme funding arrangements in the UK for some time, but how popular are they overseas? Chris Panteli finds out.

GLOBAL - Research house Lipper is urging pension funds to follow the lead of CalPERS and Utah Retirement Systems in pushing hedge fund managers to explain and justify their fee structures.

GLOBAL - Barclays Bank violated US sanctions in dealings with Cuba, Iran, Libya, Sudan and Burma, court papers have revealed.

GLOBAL - Almost three quarters (73%) of infrastructure investors believe their fund managers' interests are poorly aligned with their own, research by Preqin has found.