MEXICO CITY - Assets under management of Mexican mandatory pension funds grew 23% to MXN1.24trn (US$97.8bn) at the end of April from a year earlier, data by regulator Comisión Nacional del Sistema de Ahorro para el Retiro (Consar) showed.

GLOBAL - A majority of pension funds believe misalignment of interests with their private equity managers (GPs) had become more apparent during the crisis, a survey by IE Consulting revealed.

US - The French government is studying a combination of a longer working life and new taxes on high earners to stem losses in the country's pension system.

US - The deficits of US defined benefit plans jumped by US$33bn during the month of April, the latest Milliman 100 Pension Funding Index revealed.

US - The Orange County Employees Retirement System (OCERS) estimated a software programming error which caused liabilities to be underestimated will cost the fund between US$6m and $7m per year.

IRELAND - The National Pensions Reserve Fund (NPRF) will receive €280m (US$351.8m) worth of Allied Irish Bank (AIB) ordinary shares in lieu of a cash payment of this year's coupon.

US - George Canellos, the head of the Securities and Exchange Commission's Manhattan office, said he is pushing his staff to scrutinize products normally sold to institutional investors after the financial crisis showed that even sophisticated buyers...

US - Nine public pension funds are calling for Massey Energy shareholders' to withhold support from three board directors claiming they have failed to carry out their safety oversight duties.

Giovanni Legorano looks at how governments across Europe are reforming their pension systems following the economic crisis

US - The California Public Employees' Retirement System (CalPERS) will review forecasts of capital market returns in preparation for the adoption of a new three-year asset allocation policy in December.