US/ASIA - BlackRock has appointed ING Investment Management's Joel Kim as head of Asia-Pacific fixed income.

US - The assets for the nation's 100 largest public employee pensions systems rose more than 1% to $2.8trn during the second quarter, figures from the Census Bureau show.

US - The Oklahoma Teachers Retirement System (OTRS) has revealed a $3bn reduction in its unfunded liability thanks to strong investment performance and new state pension reforms.

UK - The use of transition management within the defined contribution is set to grow as the move away from defined benefit provision continues, delegates at the Global Pensions Transition Management Forum heard.

UK - New developments within the transition management market are providing clients with more flexibility when moving assets than ever before, delegates at the Global Pensions Transition Management Forum heard.

US - A public pension fund lawsuit seeking to recover billions of dollars of bonus payouts and other compensation from Goldman Sachs has been thrown out of court.

US - The number of defined contribution (DC) retirement plans in the US offering a sustainable and responsible investing (SRI) choice could double in the next three years, research suggests.

US - CAMRADATA Analytical Services has launched a new pension risk transfer (PRT) product database for US pension plans.

KOREA - Mercer has set up an investment management business in Korea to help local institutional investors take advantage of global market opportunities.

US - California State Teachers' Retirement System (CalSTRS) administrator Julia Durand, has been elected president of the National Association of Government Defined Contribution Administers (NAGDCA).