AUSTRALIA - Asset Super and CareSuper are in discussion about a possible merger, their chairmen have confirmed.

GLOBAL - A global consortium of pension asset managers including USS, APG and PGGM has convinced the world's largest property managers to disclose detailed data on the environmental performance of their funds for the first time.

US/ASIA - Acadian Asset Management Singapore has appointed Ho Yew Weng as director of institutional sales for Asia-ex Japan.

UK - Higher annuity rates and volatile market conditions have dented retirement prospects for UK workers over the last few months, suggests research from Aon Hewitt.

US - Pimco bond fund manager Bill Gross has acknowledged he made a mistake in betting so heavily against US government bonds earlier this year.

JAPAN - Japan's public pension fund scraped a small return on its investments in the second quarter after its assets fell by $33bn, its latest report shows.

JAPAN - The implementation of new accounting rules that would have forced companies to book pension fund shortfalls as liabilities on their balance sheets is to be postponed, according to reports.

AUSTRALIA - The growing trend for mergers between industry superannuation funds may not be serving the best interests of members, research by Russell Investments warns.

US/GLOBAL - International equity was one of the top performing asset classes over the second quarter of 2011 and the year as a whole, with seven of the top ten international equity products returning more than 50% for the year, research by Informa Investment...

CANADA - The Ontario Municipal Employees Retirement System (OMERS) has acquired a 7.4 acre multi-purpose site in Toronto including a conference hall, office space, hotel and parking.