Global

US / EUROPE - Five more pension funds from the US and Europe have joined the class action suit against the Bank of America (BoA) over its merger with Merrill Lynch.

GLOBAL - The secondary private equity market is attracting increasing interest from pension schemes and institutional investors, a survey by Preqin reveals.

Here they are - the winners of the Global Pensions 10th Anniversary Awards.

GLOBAL- Watson Wyatt has warned clients they will incur further losses if they rebalance their portfolios before conducting a strategic asset allocation review.

GLOBAL - Troubled insurer Swiss Re has nominated former chief executive Walter Kielholz as its new chairman, replacing Peter Forstmoser.

GLOBAL - The actuarial profession must make efforts to strengthen transparency and accountability in light of the global economic crisis, the International Actuarial Association (IAA) has said.

GLOBAL - Pension funds could come increasingly under pressure to meet private equity fund call-up obligations in the medium to long term, a report a Preqin reveals.

GLOBAL - Increasing numbers of investors are taking climate change and sustainable investment into consideration as part of their asset allocation process, Carbon Disclosure Project (CDP) research reveals.

Including: PHILIPPINES - JPMorgan wins Philippines mandate; ASIA-PACIFIC - IFSA signs Korean deal

GLOBAL - Institutional Investors make up the 'absolute majority' of hedge fund investors for the first time, the Alternative Investment Management Association has said.