Regions

US - Blackstone Group LP, the world's biggest private-equity firm, won a $200m commitment for its sixth buyout fund from the Oregon state pension system after agreeing to fee concessions.

AUSTRALIA - Australia's biggest Super funds have returned an average of just 4.5% a year over the past decade as a result of the global credit crisis, figures reveal.

UK - Balanced pooled funds ended their run of positive quarters with a negative return of -8.9% for Q2 of this year, statistics revealed.

GLOBAL - Corporate pension funds are continuing to move towards liability driven investment strategies, the Investment Management Association said.

GLOBAL - Regulators should promote countercyclical funding policies, like providing better tax ceilings for over-funded schemes, in order to support the continuation of defined benefit plans, the OECD said.

GLOBAL - BlackRock has reported a US$213.3bn loss in assets under management in Q2, blaming sharp falls in equity markets and costs related to its acquisition of BGI.

GLOBAL - Infrastructure managers raised US$6.7bn from global investors in the first quarter, the highest level of fundraising since 2008, but overall deal flow is still at its lowest level since 2006, new research by Preqin showed.

US - The California State Teachers' Retirement System posted returns of 12.3% for the year ended June 30 but said losses from the financial crisis remain on the books.

US - The American International Group has agreed to pay US$725m to settle a class action suit brought by three Ohio pension funds alleging bid-rigging, stock price manipulation and accounting fraud.

GLOBAL - BlackRock has restructured its management team creating a new head of portfolio management role, three new regional organisations and an alternatives investment group.