Royal Bank of Canada has completed its £963m acquisition of UK-based BlueBay Asset Management.
UK - The Pension Protection Fund has confirmed it aims to collect an overall levy of £600m ($933m) in 2011/12.
The Pension Protection Fund has confirmed it aims to collect an overall levy of £600m in 2011/12.
Gartmore has confirmed it has received a takeover bid from Henderson Global Investors.
Data Explorer's John Arnesen looks back at securities lending trends in 2010
EUROPE - Pension funds are moving deeper into alternatives as they reduce their exposure to equities, Mercer European head of investment consulting Tom Geraghty believes.
US - Over half of companies offering defined contribution plans changed their investment line-ups in the past year to remove poor performers, a new survey shows.
PHILIPPINES - Government Service Insurance System, the Philippines' largest state-owned pension fund, plans to review its $1bn overseas investment strategy by the first quarter, President and General Manager Robert Vergara said.
RBC completes BlueBay acquisition; State Street custody hire, Canada's OTPP invests in renewables
UK - The Consumer Price Index is a bad measure for uprating pensions and needs to be replaced with a measure to include housing costs, the Royal Statistical Society says.