Global

Deutsche Bank Global Securities Services has landed a DEM1.9bn custody mandate from the Munich-based Wacker-Chemie Pensionskasse.

Global consultancy firm Watson Wyatt has completed the acquisition of India's retirement and actuarial consultancy, M C Chakravarti & Associates.

SEI Investments has been awarded a $48m mandate from the pension fund of US-based aluminium producer BPU Reynolds.

The UK's National Association of Pension Funds (NAPF) has attacked key Myners' recommendations in an attempt to make them "more workable."

The UK's Post Office Pension Fund is set to give Pantheon Ventures a £100m mandate as its fourth manager of its private equity portfolio.

The German Parliament has passed pension reform legislation, marking the first radical break with the country's 120-year old pay-as-you-go pension system.

CalPERS, the giant US pension fund, has picked 12 asset managers for its $500m (£261.5m) California Initiative program, which is part of the fund's alternative investments portfolio.

Global consultant Watson Wyatt has bolstered its investment consulting practice with the appointments of specialist manager researchers, Gary Dowsett and Peter Eerdmans.

JP Morgan Fleming Asset Management has put its promotional activity for UK equities and UK balanced mandates on hold. According to a company spokesman, JP Morgan Fleming Asset Management is still active in the UK institutional market, but is currently...

Royal London Asset Management (RLAM) has increased its sales team with the appointment of Lorna Hutchison in the newly created position of sales and marketing manager.