US - The Colorado Public Employees Retirement System has announced it will not pay bonuses to staff for 2008 results.
GLOBAL - Private equity fundraising slumped in the first quarter of 2009 - raising the lowest amount of capital since 2003, data from Prequin reveals.
DENMARK- PFA Pension has acquired Nordic Asset Management in a bid to manage money for institutional investors outside of its existing client base.
GLOBAL- Global asset managers have invested over US$300bn in sustainable investment assets in emerging markets, Mercer and the International Finance Corporation report.
EUROPE - Crédit Agricole Structured Asset Management (Casam) and the Edhec Risk and Asset Management Research Centre have jointly created a new research chair in core-satellite and ETF investment.
ISRAEL- Two of the largest banks in Israel - Leumi and Hapoalim - will be able to offer pension advisory services to salaried workers from April 1 2009, a year before initially planned.
EUROPE- BlackRock is tapping into investors' need to outsource as it looks to grow its Europe, Middle East and Africa business.
Including: CANADA - Plans consider London airports bid; NETHERLANDS - No extension to recovery plan deadlines; US - TIAA-CREF mulls Sudan divestment; US - Schemes settlement against Ernst and Young
EUROPE - BlackRock is poised to make acquisitions in France or Italy, or potentially of an SRI player, within the next 12 months, Global Pensions has learned.
GLOBAL - Assets flowing into fund management firms halved in the year ending December 31, 2008, a report by Casey Quirk and eVestment Alliance has revealed.