Academics and industry specialists are working hard to make longevity risk investable on the capital markets, but the process is not without its growing pains, as Chris Panteli discovers.

NETHERLANDS/UK - PGGM is in advanced negotiations with Barclays Capital to acquire its majority stake in University Partnerships Programme, the UK's largest developer of university campuses, according to reports.

US - Shareholders led by an Illinois pension fund have received $89.4m from Del Monte and Barclays Capital after being cashed out of a private equity buyout deal.

US - The $146.9bn New York State Common Retirement Fund has allocated $300m to Artemis Real Estate Partners as its initial investment in a new emerging manager component within the asset class.

ASIA - Aviva Investors has appointed Patrick Chong as head of financial institutions business development - Asia Pacific.

Andrew Short explores the potential effects on pension schemes from the Bank of England's decision to embark on a second round of quantitative easing.

UK - The Bank of England has increased its quantitative easing programme by £75bn ($114bn) in a bid to kick-start the UK's ailing economy, while leaving interest rates on hold at 0.5%.

AUSTRALIA - The Australian Institute of Superannuation Trustees (AIST) has called for the abolition of the A$450 ($437) monthly earnings threshold for superannuation guarantee contributions.

US - The New York attorney general and the United States attorney general have launched separate lawsuits against Bank of New York Mellon accusing it of overcharging state and nationwide pension funds on foreign exchange currency trades.

NEW ZEALAND - The New Zealand Superannuation Fund rose by 25% in the year to June to hit a new high of NZ$19.03bn ($14bn), its annual report shows.