GLOBAL - Figures from State Street reveal investor confidence declined to 89.6 in August, down 12.9 from July after a volatile month led to the most substantial decline since October 2008.
APG Group; BNY Mellon; Dreyfus Corporation; Northern Trust; TRS; QIC; AXA Investment Managers; Acadian Asset Management; BlackRock; Aon Risk Solutions; SSgA; Mercer; RBC Dexia Investor Services; Schroders
DENMARK - Industriens Pensionsforsikring, the Danish administrator for the labour market pension scheme, has hired State Street to provide analytics on its DKK5.5bn ($1bn) private equity portfolio.
State Street Global Advisors has appointed a senior liability-driven investment portfolio manager to help build its LDI proposition.
State Street Global Advisors; Texas TRS; Deloitte; F&C Investments; RCM; The National Association of Pension Funds
US - Pension funds in Virginia and Florida have become the latest to point a finger at Bank of New York Mellon for overcharging for foreign currency trades and both states filed lawsuits against the bank yesterday.
GLOBAL - Investor confidence rose by just 2.2 points in July from June's revised level of 98.9, research by State Street shows.
GLOBAL - Have you missed the biggest stories in pensions this week? Find out below, as we list the top 10 most popular stories on www.globalpensions.com over the past seven days.
US - BlackRock saw second quarter profits rise by 43% to $619m, as an increase in assets under management helped drive up fees.