Regions

GLOBAL - A socially responsible investment (SRI) global equity allocation could produce 40 % lower CO2 emissions than a conventional portfolio indexed to the MSCI World, a study by Pictet Asset Management (PAM) has shown.

UK- Watson Wyatt has announced a retirement, while Lucida and State Street Global Advisors have announced several appointments.

EUROPE - Mercer has picked up three contracts for pension fund consultancy, administration and provision.

GLOBAL - Pension scheme trustees now have access to a code of conduct designed to promote the highest ethical standards in running schemes, developed by the Chartered Financial Analyst Institute (CFA).

GLOBAL - Wilshire Associates and BNY Mellon Asset Servicing have extended their strategic partnership to include clients of the former Mellon Financial Corporation.

INCLUDING: US - New York State anti-fraud reforms passed; CHINA - State considering REIT market; US - Congress plans energy speculation rules; AFRICA - Fund charged for ignoring member wishes

GLOBAL - Hedge funds' double-digit returns dropped dramatically from 2006 to 2007, according to a study by Greenwich Associates.

SINGAPORE - Office for Cordea Savills; UK - Ex-TPR staffer joins Grant Thornton; GLOBAL - PWC awarded CDP contract; US - Colorado trustees re-elected

EUROPE - The EUR6.4bn (US$9.9bn) German church pension fund is looking to appoint a master KAG - a multi-manager cum administration firm specific for Germany - as well as a custodian bank, according to MandateWire.

GLOBAL - IMS selected by Nomura; UK - Government fails on pensions; UK - First State increases focus on infrastructure