US - The Massachusetts Pension Reserves Investment Management Board (Mass PRIM) beat its policy benchmark by 305 basis points in the past year helping to increase total assets by $3.6bn.
Local government pension funds have been urged to give financial backing to public building projects which risk failure due to government spending cuts.
The global equity selection process is shifting away from traditional active managers towards a longer-term, unconstrained selection framework, Lane Clark & Peacock says.
US - Blackstone Group LP, the world's biggest private-equity firm, won a $200m commitment for its sixth buyout fund from the Oregon state pension system after agreeing to fee concessions.
Comedienne, writer, pundit and presenter Sandi Toksvig will host this year's Pension Scheme of the Year Awards.
Morgan Stanley and UBS have joined the Life & Longevity Markets Association.
Nearly four-fifths of scheme managers have welcomed the government's decision to investigate alternative methods of implementing tax-relief restrictions on pension contributions - including reducing the annual allowance to as little as £30,000
Kim Gubler Consulting asked 18 firms to participate in its first actuarial survey, of which 13 responded.
Some small schemes could be paying £56,000 more in annual actuarial fees than their peers, research from Kim Gubler Consulting reveals.
JAPAN/UK - Japanese fund house Chuo Mitsui and UK-based Standard Life Investments have partnered to cross-manage funds worth US$2.2bn.