Regions

GLOBAL - Schroders has released its first quarter results and announced a loss of £2.5bn in institutional assets under management (AUM) despite reporting a pre-tax profit of 30%.

GLOBAL -The Principles for Responsible Investment (PRI) initiative had 180 institutional signatories globally, representing more than US$8trn in assets under management (AuM), in its first year.

EUROPE - The Dutch Association of Pension funds (UVB) and the Slovak Association of Pension Funds (ADSS) have become members of the European Federation for Retirement Provision (EFRP).

EUROPE - Fortis Investments has appointed Peter Branner as its new chief investment officer for multi management.

EUROPE - Pension investors have voted in favour of a motion to make climate change a fundamental part of their investment strategy.

GLOBAL - MSCI Barra and Standard & Poor's (S&P) have launched Islamic indices designed to reflect Shariah principles and dividend purification rules.

EUROPE - Gilles Glicenstein, head of BNP Paribas Asset Management, has highlighted the growing trend of clients becoming competitors in the pension and savings industry.

EUROPE - Greater government intervention has been advocated as one way to help unravel the European pensions riddle.

EUROPE - First State Investments has announced the launch of the First State European Diversified Infrastructure Fund.

GLOBAL - Watson Wyatt's global practice director, Roger Urwin, has stressed the value played by governance in effective pension management.