Regions

EUROPE - At an emergency summit in Brussels, EU leaders have finally settled on a debt relief plan for Greece.

MALAYSIA - Aberdeen Asset Management has hired Suhaila Suboh as Asian fixed income strategist and plans to expand the Asian debt team in Kuala Lampur, the firm said.

GLOBAL - Global endowments have begun to create bespoke inflation indices to use within their portfolios, said Marcus Grubb, managing director at the World Gold Council at a GP web debate on managing inflation risks.

CANADA/AUSTRALIA/EUROPE - The Ontario Teachers' Pension Plan has struck a deal with MAp Airports to exchange its interest in Sydney Airport and a cash payment for MAp's interests in Brussels Airport and Copenhagen Airport.

GLOBAL - Franklin Templeton's Mark Mobius has said Russia is his current emerging market of choice and suggested concerns over corporate governance are misplaced.

GLOBAL - Institutional investment managers showed a marked trend towards risk aversion in the second quarter of 2011 amid negative economic news, research by Northern Trust found.

GLOBAL - Man Group is to acquire the remaining exposure to the estates of bankrupt US investment giant Lehman Brothers from funds managed by its institutional asset management subsidiary, GLG Partners, for $355m in cash.

GLOBAL - Towers Watson has raked in $50bn in assets under advisement globally through its implemented investment services business, the firm's fiduciary management offering.

GLOBAL - Have you missed the biggest stories in pensions this week? Find out below, as we list the top 10 most popular stories on www.globalpensions.com over the past seven days.

EUROPE - Providers of European ETFs can double their funds' stated management fees through ancillary activities such as securities lending, other enhancements and trading activities, says a new research report from Deutsche Bank.