Regions

GLOBAL - Pension funds put off by the fees involved in exchange traded funds (ETFs) can earn lending revenues to offset the cost, the London Stock Exchange has advised.

GLOBAL - Pension schemes with over US$2trn in assets under management have entered into an agreement to place key environmental social and governance standards (ESG) at the heart of their investment strategy.

GLOBAL - More than a third (36%) of people would like to see government enforce additional private savings, according to an HSBC report on future retirement trends.

GLOBAL - Fidelity International has hired Simon Ellis to spearhead an expansion of its US$1.2bn multi-manager business across all international markets in which it has a presence.

EUROPE - The European Federation for Retirement Provision (EFRP) has slammed the pensions portability directive, claiming it is uneven in its application and lacking in clarity.

GLOBAL - The combined assets under management for both BlackRock and Merrill Lynch Investment Managers (MLIM) has tipped the US$1trn mark.

PORTUGAL - The Organisation for Economic Co-operation and Development (OECD) has warned urgent action needs to be taken if the Portuguese state pension system is to be financially sustained beyond 2014.

GLOBAL - Merrill Lynch Investment Managers (MLIM) has generated net revenues of $570m in 2006 Q1, up 38% from the 2005 first quarter.

EUROPE - Eleven member states have been sent Reasoned Opinion letters by the European Commission (EC) for failing to fully or, in some cases, even partially transpose the Institutions for Occupational Retirement Provision (IORP) Directive into their national...

GLOBAL - Freezing a plan can place a company at even greater risk unless the remaining financial exposure is addressed, an analysis by Mellon Financial Corporation has claimed.