News

Data from Mercer Investment Consulting's performance analytics' will be used to draw up initial shortlists for Professional Pensions' inaugural Specialist and Alternative Investment Manager Awards.

US - The California Public Employees' Retirement System (CalPERS) could increase its allocation to real estate, following recommendations from PCA Advisors.

UK - The European market for exchange traded funds (ETFs) grew by around 60-70% last year, according to Jennifer Grancio, managing director and head of distribution for iShares Europe.

Mutuals end talks; Sainsbury's delay; Merrill Lynch: avoid risk but look for opportunities; MPC members unanimous on holding rates; Osmond eyes next move on Resolution

Draft pension transfer value regulations would create a "charter to rip off ex-members", Standard Life claims.

INCLUDING: US/UK - Fund managers favour equities; US - Watson Wyatt results; UK - Mercer strengthens European business development team; UK - PPF coffers

NEW ZEALAND - The New Zealand Superannuation Fund (NZ Super Fund) and utilities investor, Infratil, have acquired enough shares in Auckland International Airport to block its acquisition by Dubai Aerospace Enterprise (DAE).

Scottish Widows Investment Partnership has won an £80m high alpha UK Equity mandate, it has been revealed.

UK - Investment managers at the London Pensions Fund Authority (LPFA) are satisfied with the current strategies deployed, according to the organisation's annual report.

BNY Mellon Asset Manage-ment has added two new funds to its Evolution range.