GLOBAL - MSCI has launched a range of 25 new ESG indices developed specifically for pension funds and other institutional investors.

EUROPE - Standard Life Investments has appointed Séverine Laffineur as European portfolio manager in its Paris office.

AUSTRALIA - HESTA, the A$17bn (US$17.8bn) industry superannuation fund for health and community services, has selected insurer CommInsure to provide default income protection insurance to members aged up to 67.

AUSTRALIA - Potential gaps in strategic, operational and member engagement issues could leave superannuation funds scrambling to catch up if they do not start planning for imminent reforms now, Mercer has warned.

State Street has been appointed by F&C Asset Management to provide investment manager operations outsourcing for £106bn in assets.

EUROPE - Pension funds and other institutional investors increased their fixed income allocation to their highest levels in five years while simultaneously paring down their equity exposure, research by Invesco shows.

The European Commission has appointed Aon Hewitt as expert adviser for the possible establishment of a pan-European pension fund for researchers.

EUROPE - The European Commission has appointed Aon Hewitt as expert adviser for the possible establishment of a pan-European pension fund for researchers.

GLOBAL - State Street has been appointed by F&C Asset Management to provide investment manager operations outsourcing for £106bn in assets.

GLOBAL - The Bank for International Settlements (BIS) has warned low interest rates across the globe are a threat to world financial stability.