Global

UK - Mercer appointments; NAPF launches FD PensionsConnection; Davenport appoints BlueBay

GLOBAL - The Organisation for Economic Co-operation and Development (OECD) has released revised guidelines on pension fund governance, which will be open for public consultation until 1 October.

GLOBAL - A clear majority - 70% - of respondents to a recent Global Pensions survey said they considered the increasing homogenisation of the global pensions industry to be "a good thing".

INCLUDING: UK - Buck Consultants new appointment; GLOBAL - Commodities driven by momentum-chasing; UK - Aon warns on regulation on DB pension transfers

GLOBAL - The volatility in global equity markets will test transition managers' trading capabilities, shaking out the good managers from the lucky managers, according to Mercer Sentinel Group.

GLOBAL - Recommendations for credit rating agency (CRA) reform have today been released by the Securities and Financial Markets Association (SIFMA).

INCLUDING: GLOBAL - Hewitt names co-presidents; US - PBGC takes on Auburn hospital pensions; UK - IMA joins accounting standards debate

GLOBAL - MSCI Barra announced today it has launched the MSCI Global Currency Indices.

GLOBAL - Most equity markets showed losses in Q2 2008, with international equities outperforming US equities by 40 basis points, Mercer's latest Defined Contribution Universe Summary has revealed.

GLOBAL - The financial community needs to agree a common set of terms for the burgeoning environmental and responsible investment (RI) sector if it is to achieve its full potential, AXA Investment Managers (AXA IM) has warned.