Global

GLOBAL - HSBC Global Asset Management is launching a Global Currency Fund aimed at institutional investors.

GLOBAL- Despite the talk about the increased need for risk management in light of the financial turmoil, most asset managers have not done enough to increase their risk management capabilities, a recent study found.

GLOBAL - Forty percent of pension funds with no exposure to emerging markets private equity (EM PE) are planning to invest in this class over the next one to five years, a survey by Coller Capital and the Emerging Markets Private Equity Association reveals....

Including: US - CalSTRS re-elects Dillon; AUSTRALIA - Qantas boosts Super pot; UK - OSPARA teams up with PGD;

GLOBAL - Private equity fundraising slumped in the first quarter of 2009 - raising the lowest amount of capital since 2003, data from Prequin reveals.

GLOBAL- Global asset managers have invested over US$300bn in sustainable investment assets in emerging markets, Mercer and the International Finance Corporation report.

ISRAEL- Two of the largest banks in Israel - Leumi and Hapoalim - will be able to offer pension advisory services to salaried workers from April 1 2009, a year before initially planned.

Including: CANADA - Plans consider London airports bid; NETHERLANDS - No extension to recovery plan deadlines; US - TIAA-CREF mulls Sudan divestment; US - Schemes settlement against Ernst and Young

GLOBAL - Assets flowing into fund management firms halved in the year ending December 31, 2008, a report by Casey Quirk and eVestment Alliance has revealed.

GLOBAL - The way the financial system is currently set up raises questions on how ownership is structured, Hermes Fund Managers senior advisor David Pitt-Watson said today.