IRELAND - Irish domiciled funds reached €963bn ($1.3trn) in net asset value at the end of 2010, up nearly a third from €748bn in 2009, said the Irish Funds Industry Association (IFIA).
Significant numbers of trustee boards are failing to sufficiently and proactively monitor their sponsor covenants, Mercer research shows.
SWITZERLAND - BlackRock has named Martin Gut as head of the institutional business in Switzerland.
Lord McFall explains why the savings crisis is as important as the economic crisis
The BT Pension Scheme shortfall shrank £1.5bn in Q4 last year, helped by a £1bn increase in asset values and a £525m deficit payment, according to its quarterly report.
Record number of pensioners still working; Pensioner job rates hold up in the UK
US/ASIA - State Street Global Markets has appointed four senior transition managers for its global portfolio solutions groups in the US, Australia and Japan.
Employee benefit consultant Enrich has appointed John Sansone as head of pensions.
The Pensions Regulator has overhauled its senior management team and their responsibilities to give defined contribution and auto-enrolment greater importance.
DENMARK - Denmark's biggest pension fund ATP probably won't invest in top-rated bonds sold by Europe's rescue fund as it deems the securities to be too risky, said Henrik Gade Jepsen, the fund's chief investment officer.