US - CalPERS lost out on around US$401m in potential earnings due to its country restrictions on emerging market equities in the years between 2002 and 2006, the investment committee reported.
GLOBAL - ING Investment Management reported an €8.3bn increase to €369.3bn in assets under management in the fourth quarter - on the same day the firm's CFO announced his retirement.
Firms will look to reopen defined benefit schemes to new members if deficits continue to fall, Fidelity International believes.
US - A coalition of pension funds and institutional investors have filed shareholder proposals at 36 companies to focus on the risk and opportunities derived from climate change.
Former fund managers from Schroders, MM Asset Management and HSBC Halbis Partners have launched new asset management firm FOUR Capital Partners.
Royal Mail's decision to close its final salary scheme to new members could indicate the government intends to tackle problems over public sector pensions, a consultant claims.
AUSTRALIA - Vision Super has awarded a US$30m international property mandate to Macquarie Wanda Real Estate Fund, which has "significant" investments in Chinese shopping centres.
Inflation falls but rate rise still expected; Oxford appoints City financier to manage assets