Regions

GLOBAL - Troubled insurer Swiss Re has nominated former chief executive Walter Kielholz as its new chairman, replacing Peter Forstmoser.

GLOBAL - The actuarial profession must make efforts to strengthen transparency and accountability in light of the global economic crisis, the International Actuarial Association (IAA) has said.

GLOBAL - Pension funds could come increasingly under pressure to meet private equity fund call-up obligations in the medium to long term, a report a Preqin reveals.

GLOBAL - Increasing numbers of investors are taking climate change and sustainable investment into consideration as part of their asset allocation process, Carbon Disclosure Project (CDP) research reveals.

EUROPE - Forced retirement at 65 can be justified under European law only if it is a "proportionate" means of achieving a legitimate employment policy, European judges have ruled.

Including: PHILIPPINES - JPMorgan wins Philippines mandate; ASIA-PACIFIC - IFSA signs Korean deal

GLOBAL - Institutional Investors make up the 'absolute majority' of hedge fund investors for the first time, the Alternative Investment Management Association has said.

EUROPE - Crédit Agricole Structured Asset Management (CASAM) has launched a range of 11 exchange-traded funds on NYSE Euronext - boosting its total offering of ETFs to 35.

GLOBAL - AXA Investment Managers has reported a fall in assets under management of 12% due to "negative market effects".

Almost five years after the Nigerian Pensions Reform Bill was passed into law, has the country seen significant benefits from the creation of a pension system? Dorothee Gnaedinger investigates