Regions

GLOBAL - A large majority of the world's biggest pension funds are concerned that private equity funds are facing capacity constraints, according to exclusive research by Global Pensions.

EUROPE - EU employment ministers were given a platform to voice their views on the European commission's controversial proposal for the portability of pension rights, which has drawn fierce criticism from some corners.

EUROPE - The EU Commission is taking action against the Czech Republic, Hungary and Poland over incorrect implementation of the Institutions for Occupational Retirement Provisions (IORPs) directive, while legal action against three countries for failure...

LUXEMBOURG - Aberdeen Asset Management has opened an institutional business development and client servicing office in Luxembourg.

EUROPE/ASIA - Nigel Williams, CEO of Europe and Asia ex-Japan at Barclays Global Investors' (BGI), has announced his retirement - effective mid-2007 - after 14 years with the firm.

EUROPE/ASIA - Nigel Williams, CEO of Europe and Asia ex-Japan at Barclays Global Investors' (BGI), has announced his retirement - effective mid-2007 - after 14 years with the firm.

US/EUROPE - Institutional investors decreasing their holdings of convertibles over the last year has led to a decline in the total long market value of funds, research from Greenwich Associates has shown.

ANGOLA - The Angolan government has announced it will pay US$50m into the national pension fund for war veterans over the next two years.

GLOBAL - The current environment of lower expected returns will see managers having difficulty justifying above average fees going forward, a Mercer Investment Consulting study on investment management fees has revealed.

MALAYSIA - The Employees Provident Fund (EPF) registered net investment income of RM3.5bn (US$963m) over the third quarter of the year, with its equities portfolio posting an 8% increase.