Regions

EUROPE - Crédit Agricole S.A. and Société Générale today announced their new merged asset management firm will be called Amundi.

GLOBAL - The International Accounting Standards Board (IASB) today voted to not move forward with plans to eliminate the use of government bonds to determine discount rates.

Implemented consulting involves trustees partially delegating fund decisions to a third party. While it has become a hot topic, Christine Senior says schemes need to give it careful thought

GLOBAL - The take up of infrastructure by institutional investors is being compromised by high fees, Watson Wyatt said.

EUROPE - The European Commission is planning a clamp down on derivatives trading by introducing restrictive measures in the European Union.

US - Morgan Stanley will sell its retail business, including Van Kampen Investments, to Invesco for $1.5bn as the firm increases its focus on the institutional market.

The deadline to nominate your providers for the Global Pensions Awards 2010 has passed.

GLOBAL - The vast majority of institutional investors (81%) did not make any new commitments to infrastructure in 2009, a drastic slowdown in fundraising from last year, a survey from Preqin revealed.

GLOBAL - Private pension funds have not been using benchmarks that measure them against their long-term goal of providing income replacement, a preliminary report by the Organisation for Economic Co-Operation and Development (OECD) found.

US - Trustees of the Colorado Public Employees Retirement Association (PERA) have proposed increasing employee and employer contribution rates in order to bring the scheme back up to full funding.