INCLUDING: AUSTRALIA - Sherry meets UK expert; GLOBAL - Watson Wyatt results; GERMANY - Allianz writedowns; CANADA - Gov urged to change regulations
Including: JAPAN - DC plans go mobile; UK - SEI appoints institutional client service director
GLOBAL - State Street Corporation has signed a lease for a new operations centre in Krakow, Poland.
GLOBAL - JPMorgan Investor Services is extending its Compliance Reporting Services product to assist clients in monitoring their Socially Responsible Investment (SRI) restrictions.
Including: US - Yahoo! shareholders amend class action; UK - Aberdeen acquires Goodman Property Investors; US - Citi and StateStreet sell CitiStreet; ITALY - Parmalat settles with Hermes; US - CalPERS CEO sets retirement date; UK - Xafinity wins YMCA...
Pension funds and institutions are being urged by campaigners to divest from FTSE 100 mining company, Vedanta, as it plans to mine a tribal area of India.
MEXICO - Pension reform and a strong economy could see an annual inflow of up to US$10bn of domestic institutional money into the Mexican stock exchange, creating opportunities for global investors.
GLOBAL - Credit Suisse has lost its entire European transition management team following a major restructuring which will see execution of deals shifted to New York.
INCLUDING: GLOBAL - PF adding to rising food prices, UK - Pension fund expense rising, UK - Women lose pension, NEW ZEALAND - KiwiSaver embraced, US - TRS add more property
GLOBAL - Following the implementation of a 130/30 fixed income mandate at CalPERS, the CIO of Baring Asset Management has predicted the growing US trend for short extension funds in bonds will cross the Atlantic.