Regions

GLOBAL - Global indices provider MSCI has increased the number of funds in its MSCI Hedge Invest Index from 64 to 74.

Private equity success

EUROPE - Insight Investments is continuing to hold an underweight position in Europe, believing the region to have the poorest growth profile and prospects.

GERMANY/MEXICO - German insurance and pensions giant Allianz is to sell its Mexican pension fund business Afore Allianz Dresdner (AAD) to the HSBC-owned Grupo Financiero Bital (GFB) in a deal worth $200m.

SOUTH AFRICA - Most South African pension funds would look to the financial press for information on hedge funds rather than expect their investment consultants to explain the asset class.

GLOBAL - Schemes and fund managers are urging BP to tackle human rights and environmental issues as part of its £1.8bn (e2.6bn) oil pipeline project in Azerbaijan.

GLOBAL - Goldman Sachs Asset Management has revealed inflows of $14bn (£8.4bn) in the three months to August 29.

EUROPE - The European Commission is to consult with the financial services sector on its regulatory future later this month.

GLOBAL (ex-US) - A new US Real Estate Investment Fund is being offered to investors outside the United States.

EUROPE - Gérard Ménéroud, the new chairman of the Comité Européen des Assurances' (CEA) life insurance committee, is to focus on the taxation of occupational pension schemes during his two year term.