Global

FundQuest, the multi-manager owned by BNP Paribas, has confirmed to Global Pensions it is considering unbundling its fee structure, following on from the recent acquisition of UK based IMS.

INCLUDING: EUROPE - BNP completes first Eastern European deals; CANADA - CPP totals CAN$122.7bn; ASIA - Threadneedle opens Asian office

GLOBAL - Mercer's investment consulting business has undergone a management shake up as it moves to takes advantage of growing demand for implemented consulting.

GLOBAL - Standard & Poor's has launched two indices for the commodities and natural resources sectors.

Global Pensions gathered fund of hedge fund experts in London to discuss the outlook for the vehicle following the credit crunch, competition from replication vehicles and complaints of high fees and low transparency

INCLUDING: Bell Canada takeover blocked; French transport workers strike; Florida pension funds suing AIG

GLOBAL - The focus of transition management activities has shifted from operations to risk management, thanks to the increasing role technology plays in the sector, according to BNY ConvergEx.

GLOBAL - An insurance product to protect DB sponsors against the cost of pensioners living longer than expected has been launched by Pension Corporation.

ASIA - FRM opens offices in Hong Kong and South Korea; US - Northern Trust expands reporting tools; GLOBAL - HSBC rebrands asset management business; UK - Former Mercer staffer returns

GLOBAL - Mercer has announced it will now place greater emphasis on the extent to which fund managers pro-actively integrate environmental, social and governance factors (ESG) into their mainstream investment process.