Global

GLOBAL - Ontario Teachers' Pension Plan (OTPP) and Morgan Stanley Infrastructure (MSI) have struck a deal to acquire SAESA Group, Chile's second largest electricity distributor in geographical terms.

GLOBAL - The UN Environment Programme Finance Initiative (UNEP FI) has urged pension funds to engage with property managers to embed the UN Principles for Responsible Investment (UNPRI) in their decision making.

GLOBAL - Global investors' confidence rose slightly this month to 81.4, up from 80.9 in May, according to the State Street Global Markets' Confidence Index.

INCLUDING: US - Public plans pay more; CANADA - Higher foreign investment; UK - Schroders wins InterContinental Hotels mandate

GLOBAL - Signatories to the UN Principles of Responsible Investment (UNPRI) doubled in 2008 to 381, bringing combined assets under management to US$14trn.

FRANCE/KOREA - Strikes have erupted across France, and South Korea has set a date for action, as unions protest against pension reforms.

Including: US - States vie for lead in Bear Sterns case; TURKEY - Oyak proposes bank merger; UK - Standard Chartered denies buyout talks

SWEDEN - IPM staffs up and opens Geneva, UK - Ex-FSA chair 'buys out', EUROPE - FAST Funds available pan-Europe

EUROPE - Western European mandatory pension systems look set to follow the multi-pillar arrangements seen in Eastern European countries, say some industry experts.

GLOBAL - Institutional investors are failing to incorporate sophisticated techniques into their investment practices, the EDHEC European Investment Practices Survey 2008 has found.