Regions

EUROPE - Arlington Securities has launched a Continental European Logistics Fund that will allow the fund to hold a portfolio of prime industrial real estate exceeding €1.2bn.

UGANDA - General outlays will drive future liabilities of the Ugandan Public Service Pensions Fund (PSPF) beyond sustainability if the fund is not rebalanced.

SAN MARINO - San Marino's ambitious pension reform programme will "fail to wean pension fund from steady and increasing budget transfers for the foreseeable future," according to an International Monetary Fund (IMF) report.

EUROPE - The growth in occupational pension funds will accelerate in the coming decades due to governments "shirking" responsibility for pension risks.

FIJI - The Fiji National Provident Fund registered a 42.86% increase in its return on investments over 2006 and saw its income increase from F$168m (US$100m) to a record F$240m.

RUSSIA - Russian state pensions for 2007 have been increased by 15.4% despite the fact the Russian Pension Fund (RPF) is experiencing significant funding troubles.

GLOBAL - Demand for low-risk long-only mandates would see a "meaningful decline" if pension funds rushed into unconstrained an absolute return investments, according to Watson Wyatt.

GLOBAL - ABN AMRO has completed the integration of its fund of hedge funds business into International Asset Management (IAM), creating an entity with US$5bn in assets under management.

EUROPE - The Members of European Parliament (MEP) Pension Fund has made its first property investment after awarding a €10m mandate to Arlington Securities.

GLOBAL - A significant 72% of companies believe their pension plans posed some level of financial risk to their organisations, a Mercer Human Resource Consulting survey has revealed.