Regions

GLOBAL - On the first anniversary of the collapse of Lehman Brothers, fund management groups agree it was the "erroneous" decision to let the investment bank fail which almost crippled the global financial system.

GLOBAL - The Canadian Pension Plan Investment Board is part of the investor group acquiring a 65% interest in Skype Technologies from eBay in a US$2bn cash and debt deal.

GLOBAL - Russell Investments has signed the United Nations' Principles for Responsible Investment (UN PRI) amid increasing demand from its clients of products compliant with such principles.

Russell Investments has signed the United Nations' Principles for Responsible Investment amid increasing demand from its clients for products compliant with such principles.

GLOBAL - The European Court of Human Rights is set to rule on a UK law which freezes the state pension of anyone who leaves Britain to live in certain countries, according to ECHR files.

GLOBAL - The average assets to gross domestic product ratio for OECD pension funds dropped from 75.5% of GDP in 2007 to 63.4% in 2008, according to the Organisation for Economic Co-operation and Development.

GLOBAL - Pension funds could achieve greater investment diversification by incorporating insurance-linked instruments in their portfolios, Watson Wyatt said.

GLOBAL - Market turbulence has tested the viability of the traditional investment consulting model, a poll by SEI revealed.

INCLUDING: EUROPE - Mercer voices concerns on EU Directive on alternatives; FRANCE - FRR up 10.5% in the second quarter; SWITZERLAND - Funds cover ratio slightly better

GLOBAL - HSBC has unveiled its first European ETF, the HSBC FTSE100, which is listed on the London Stock Exchange.