Regions

CalSTRS, the giant $105bn California State Teachers' Retirement System, is looking for a new chief executive following the resignation of James Mosman, who is leaving the fund to join the US based National Council on Teacher Retirement.

ING/Principal, the joint venture between Dutch insurance and banking group, ING and US-based Principal Financial Group have introduced a range of services related to defined contribution pensions into the Japanese market.

The UK's Local Authority Pension Fund Forum has rapped retail group Signet for its slow progress on improving employment standards.

Eureko, the pan-European insurance and asset management business, has acquired the remaining 10% shareholding of F&C Group for EURO62.4m (£37.6m) from Foreign & Colonial Investment Trust.

Sweden's second national pension fund, AP2, has made two new appointments.

Deutsche Bank has been appointed as sole trustee and custodian for Royal London Unit Trust Managers. The total funds under management are in excess of £2.35bn.

The UK's top 100 pensions schemes will be ranked by their commitment to SRI in a Friends of the Earth survey published next week.

Consultant William M Mercer has been appointed to set up a new group pension scheme for UK automotive systems company Johnson Controls.

The UK's £300m Parliamentary Contributory Pension Fund insists it did nothing wrong by investing in companies which are alleged to be not socially responsible.

Pharmaceutical giant GlaxoSmithKline has responded to pressure from socially responsible investment managers and reduced the costs of essential medicines and drugs for developing countries.