Regions

Global financial services firm, State Street Corporation, has appointed Gregory L. Summe as a board director, bringing the total number of members to 19.

The UK Syngenta Pension Scheme has appointed the Bank of New York to a £650m custody and investment accounting mandate.

TIAA-CREF has been chosen as the Los Angeles Unified School District's new 403(B) retirement plan provider.

Oil giant TotalFinaElf is considering a plan to merge its various UK pension schemes.

The J Sainsbury Scheme is to become Paul Myners' first beacon test site by putting into practice key proposals to improve service to members.

Investment Solutions (IS) is set to extend its focus beyond South African borders, with an initial target on the UK.

The £20bn Electricity Supply Pension Scheme (ESPS), the occupational scheme for UK electricity companies, has completed its portfolio reorganisation with the transfer of assets totalling £2.1bn to new management.

Financial mishaps in the asset management industry should remind trustees of the importance of risk reporting for their funds' portfolios, according to Steven Braudo, operations director of South African-based Investment Solutions (IS).

The £22bn UK Universities Superannuation Scheme has commissioned a report to assess the investment risks and opportunities of climate change.

International investment house Investec Asset Management has boosted its fixed income team with the appointment Keiron Nutbrown.