AUSTRALIA - Superannuation funds are likely to be hit by the ban on short-selling in Australia, the Australian Council for Super Investors (ACSI) has warned.
NETHERLANDS - Research into socially responsible investments needs to be more aligned with the needs of institutional investors, delegates at a sustainability conference in the Netherlands have been told.
US - Morgan Stanley and Goldman Sachs, the last independent investment banks on Wall Street, have converted to bank holding companies and will be regulated by the Federal Reserve.
US - The California Public Employees Retirement System (CalPERS) has hired Cooperative Personnel Services (CPS) to help recruit a new chief executive officer.
US - The Treasury Department has provided limited details of its temporary guarantee programme for money market funds, announced last Friday.
ICELAND - The ISK61bn (US$681m) Festa lífeyrissjóður has appointed Optima Fund Management to run a new hedge fund investment worth €5m (US$7.3m), according to MandateWire.
DENMARK - The DKK30bn (US$5.86bn) Danish corporate pension fund AP Pension has made a further DKK400m investment in an undisclosed credit fund after the scheme allocated circa DKK230m (GBP25m) to the asset class at the end of last year, MandateWire reports....
INCLUDING: UK - Lehman applies for PPF bailout; UK - Paternoster secures pensions for TI Group; GLOBAL - Companies request clarity on climate change regulation; UK- Dundee Uni appoints Xafinity
UK - Defined benefit (DB) schemes ended last week with a £33bn (US$60.8bn) surplus but remain volatile, Watson Wyatt has said.
The £1.5bn Environment Agency Pension Fund has invested £24m in Robeco's clean technology private equity fund.