Regions

GLOBAL - A clear majority of pension funds see governance challenges in the growing trend towards convergence in manager styles.

GLOBAL - The International Corporate Governance Network (ICGN) has called for greater transparency on securities lending and has urged regulators to make clarity a requirement.

GLOBAL - A substantial majority of pension funds around the world would support a move away from the public projection of quarterly earnings per share in favour of longer term goals, found the results of the latest Global Pensions 100 Panel.

INCLUDING - CANADA - Caisse de Dépôt puts in Heathrow bid, US - Probe could lead to criminal charges, CANADA - OTPP junk bond sale.

INCLUDING: SWEDEN - Alecta sells property, UK - HSBC appointment, CANADA - New superintendent

GLOBAL - Hedge funds increasing their exposure to the growing catastrophe bond market could spell disaster for pension funds.

UK - Giant global investors are actively integrating SRI practices according to a survey to assess the progress of the United Nations Principles of Responsible Investment (PRI) released in Geneva today.

NEWS IN BRIEF

INCLUDING: SWITZERLAND - New index launch, AUSTRALIA - Farmers boost superannuation investments, UK - Legal eagle returns to PPF, UK - Sustainable finance fund launch, FRANCE - Standard Life Investments opens Paris office

GLOBAL - The merger of the Bank of New York Company and Mellon Financial Corporation has completed, creating the financial giant The Bank of New York Mellon Corporation.