Global

US/Europe - The Public Employees Retirement System of Mississippi has been appointed as lead plaintiff in the class action against software provider Satyam Computer Services.

GLOBAL - Traditional retirement frameworks do not consider the scheme portfolio's ability to generate sustainable income levels, an investment adviser has claimed.

GLOBAL - European and North American pension schemes are set to increase equity allocations at the expense of fixed income, a survey by bfinance reveals.

Rachel Alembakis reports from the fourth annual Global Pensions/Westpac Currency Management Forum held in Sydney

GLOBAL - UBS is set to cut nearly 9,000 jobs globally following heavy first quarter losses, but Global Pensions understands the 11% cut in global workforce will leave the asset management division unscathed.

GLOBAL - T. Rowe Price International has appointed Chris Alderson as president and chief executive officer, following the retirement of David Warren.

Following the volatility in currency markets, investors have returned to hedging and are looking at ways of reducing risk, as Raquel Pichardo-Allison reports

GLOBAL- Mergers and acquisition activity has slowed in 2009, despite banks and insurers shedding their asset management units to raise cash, a study by Jefferies Putnam Lovell reveals.

SLOVAKIA - Over 11,000 workers left private pension schemes and opted to return to the state system last year as unease over the global financial crisis grew.

GLOBAL - ETF Securities is to launch 'ETF Exchange,' the first multi sponsor ETF issuance consortium, which comprises financial institutions and banks around the world.