US - Pennsylvania's Public School Employees Retirement System (PSERS) posted a 4.23% return for the quarter and an 18.09% return for the nine month fiscal year-to-date ended March 31, 2011.
US - A Pennsylvania pension fund has accused officials at Cephalon of "failing to act" in the best interests of investors regarding a $5.7bn buyout bid by rival Valeant Pharmaceuticals International.