Global

Including: NETHERLANDS - Aberdeen senior appointment; UK - Pensions Regulator names executive director; UK - Barclays Pension Fund appoints CIO

AUSTRALIA/UK - Institutional investors in Australia are likely to increase their allocations to alternative investments over the next five years, according to FineAnswers.

GLOBAL - The convergence project between the International Accounting Standards Board (IASB) and the US' Financial Accounting Standards Board (FASB) is on track for completion in 2011, both bodies have said.

Including: GLOBAL - Barings launches alpha currency fund; UK - AXA reorganises fixed income division; US - PBGC awards Convergys relationship management contract; GERMANY - Aon hires new CEO.

Including: US - Tremblant Capital hires new head of risk management; US - FRSGlobal opens New York office; US - BNY Mellon appoints new head of global product development; UK - Caution over FTSE 350 discount liabilities

GLOBAL - The majority of pension funds view sovereign wealth funds (SWFs) as innovative and ground-breaking investors rather than as competition, show the results of the latest Global Pensions 100 Panel.

GLOBAL - An unequivocal majority of pension funds have refuted the claim "equities are dead" in the most recent Global Pensions 100 Panel.

GLOBAL - An OECD working paper on pension fund performance could act as a catalyst for regulators across the globe to develop international standards for the reporting of investment returns to allow comparisons between different jurisdictions.

GLOBAL - A majority of employers are not in favour of the changes being proposed by the International Accounting Standards Board (IASB), according to Watson Wyatt.

INCLUDING: NETHERLANDS - PGGM appointment; UK - Grant Thornton private equity warning; US - CalSTRS seeks consultant; IRELAND - NPRF awards mandate to Principal