Regions

SWITZERLAND - Dexia Asset Management saw its assets under management reach €105.2bn by year end, up 16.1% (14.6bn) on 2005.

NIGERIA - The country's three largest pension institutions now manage assets worth over N1trn (US$7.76bn).

GLOBAL -Experts predict more volatility in Asia after China's spectacular nosedive earlier this week pushed up UK pension deficits by £11bn.

UK - Actuaries have hit back at claims from a leading academic criticising their work and the resulting effects on pension investments.

GLOBAL- Pension deficits soared by £11bn yesterday alone, as stock markets around the world felt the effects of China's spectacular nosedive.

UK - The Department of Health has rejected accusations by the Conservatives that its pension scheme's debt has deepened by £61bn in two years.

GLOBAL - Winners of the 2007 Global Pensions Awards were announced at a black tie ceremony at the Grosvenor House Hotel in London.

UK - Currency overlay could play a significant part in pension fund returns, according to new statistics published by Mellon Analytical Solutions.

GLOBAL - ETF assets under management are expected to surge from the current US$574bn to over $2trn by 2011, Morgan Stanley has claimed.

UGANDA - David Chandi Jamwa, formerly MD of D Craven Consulting, has been appointed MD of the National Social Security Fund (NSSF).