Inalytics has launched a new service which allows pension funds to analyse the performance of fiduciary managers and the advice they give to clients.

EUROPE - Custodians are increasingly being selected as preferred partners in fiduciary manager appointments, research suggests.

UK - Mercer has launched a passive diversified growth fund that will sit at the heart of its defined contribution default strategy for workplace savers.

UK - The Pensions Management Institute (PMI) has elected Susan Andrews to replace Mike Sullivan as president.

Affiliated Managers Group has appointed BlackRock head of global institutional client business Andrew Dyson to a newly created position as executive vice president and head of global distribution.

US/UK - Affiliated Managers Group has appointed BlackRock head of global institutional client business Andrew Dyson to a newly created position as executive vice president and head of global distribution.

The Institutional Investor Committee has confirmed the membership of its newly-formed Advisory Council.

US - The California State Teachers' Retirement System (CalSTRS) has launched a new service which allows members to fill out and submit service retirement forms online.

EUROPE - Lobbying by pension funds for independent valuation of hedge funds has fuelled a hiring spree for back office staff, research suggests.

UK - The Institutional Investor Committee has confirmed the membership of its newly-formed Advisory Council.