Regions

EUROPE - The hedge fund industry needs to prioritise meeting capital adequacy requirements in order to overcome the current market environment, the Alternative Investment Management Association (AIMA) has said.

Andrew Sheen examines the increasing role played by indices in pension fund investment, as they adapt and evolve to fit the needs of every investor

GLOBAL - The International Accounting Standards Board (IASB) and the Financial Accounting Standards Board (FASB) have agreed on the rapid appointment of a high-level advisory group to consider how improvements in financial reporting could help enhance...

Including: AUSTRALIA - ASIC extends ban on covered shorting; FRANCE - State injects €10.5bn into banking system; UK - Aon appoints EMEA benefit leader; GLOBAL - Rich-poor divide growing; DENMARK - Danish govt to abolish compulsory pension scheme

US - The New Jersey public pension funds incurred a dramatic loss during last month, posting a loss in excess of US$5bn in the value of their assets under management.

EUROPE - A better legal framework should be considered for European private pensions, the European commissioner for social affairs has said.

GLOBAL - Private equity investments have experienced sharp falls in returns over the course of the year, while equity markets may be about to bottom out and could represent value, asset managers claim.

Including: NETHERLANDS - ING requests €10bn bailout; COLOMBIA - Funds diversify through private equity; UK - IMA calls on Europe for accounting clarity; US - New Jersey to use pension to support banks; UK - Pension Corporation appoints group finance partner...

Including: US - New York signs pension anti-fraud law; GLOBAL - Markets warned to expect more intervention; US - New ERISA guidance for fiduciaries; AUSTRALIA - Sunsuper acquires former Citistreet admin business

GLOBAL - The hedge fund industry in the middle of a 'Darwinian' process which has altered the basis of the industry and radically changed the operating environment, an analyst claims.