Regions

Schroder Investment Management has appointed Susan Huang as director, US fixed income products at its New York office.

Sprucegrove Investment Management and BPI Global Asset Management have been awarded C$100m (US$65.3m) global equities mandates from the C$2.5bn ($1.36bn) City of Montreal Pension Fund.

The Chicago Board Options Exchange (CBOE) and Chicago Mercantile Exchange (CME) have embarked on a joint venture to introduce single-stock futures for institutional pension funds, retail investors and the public.

UBS Asset Management (UBS-AM) is set to acquire asset management company RT Capital Management from Royal Bank of Canada for a maximum of $230m.

International pensions magazine, Global Pensions, hosted the inaugural European Pensions awards in Brussels last week.

The $129.4bn (EUR150bn) Dutch pension fund, ABP, and $290bn US pension fund TIAA-CREF are among eight investors investing in a real estate technology incubator.

The longevity revolution could bankrupt European countries such as France, Germany, Spain and Italy to the tune of 200% of annual GDP by 2050, according to Peter Jeffreys, managing director of Standard & Poor's index services for Europe.

Corporate pension funds whose members' assets are invested with Evli Securities will be able to view the performance of these assets online.

Rothschild Asset Management has appointed HSBC Asset Management's Gary Clarke as a senior European fund manager.

Global consultant William M Mercer has appointed Chris Wathen as European partner in the firm's executive compensation practice.