Regions

GLOBAL - The C$122bn Caisse de dépôt et placement du Québec has announced it will invest up to £1.2bn (C$2.4) as part of the consortium which recently purchased BAA.

SOUTH AFRICA - The South African Local Government Authority's (SALGA) attempt to push various municipal workers' benefits into a newly-created fund may have been impeded after they allegedly failed to register the fund.

AUSTRIA - Richard Weberberger, previously managing director of Multi-ImmoEast Asset Management GmbH, has joined Henderson Global Investors as head of the property team, based in Vienna.

SOUTH AFRICA - Independent Municipal and Allied Trade Union (IMATU) general secretary Clive Dunston has rebuked South African Local Government Associations' (SALGA) claims the current pension fund system had racist elements as a move to drum up support...

CZECH REPUBLIC - The Organisation for Economic Co-operation and Development has praised the transparent method in which the five main political parties have lodged pension reform proposals.

SOUTH AFRICA - An ugly pensions battle lies ahead as two of the nation's largest municipal workers unions threatened strikes and legal action following the South African Local Government Association's (SALGA) move to dump municipal employees into a single...

GLOBAL - Multi-managers and fund of fund operations are investigating currency as an asset class as they attempt to broaden the range of assets and strategies they offer their pension fund clients.

SOUTH AFRICA - South African pension fund giant SASOL has revealed it is reviewing a ZAR 800m (US$120m) global value mandate currently managed by Morgan Stanley.

GLOBAL - Institutional investors need to increase their focus on operational risk processes when choosing hedge fund managers, according to The Bank of New York (BNY).

EUROPE - Increasingly similar positioning of individual hedge funds within broad hedge fund investment strategies is a "major risk for financial stability", according to the European Central Bank (ECB).