AUSTRALIA - Mercer has urged superannuation fund members not to panic in the face of market volatility.
US - Master trusts returned 20.12% from July 2010 to June 2011, their best one-year performance since 1986, research by Wilshire shows.
US - The California Public Employees' Retirement System (CalPERS) Board member Priya Sara Mathur has been elected on to the advisory council of the United Nations-backed Principles for Responsible Investment (PRI).
UK - pension funds are failing to protect themselves adequately against the effects of a European debt and economic crisis, Cardano believes.
US - The aggregate deficit of S&P 1500 pension plans increased by $74bn in July, new figures from Mercer show.
Mercer has recruited Paul O'Connor as head of asset allocation for its investment management business in Europe, Middle East and Africa.
UK - Mercer has recruited Paul O'Connor as head of asset allocation for its investment management business in Europe, Middle East and Africa.
Jaishree Kalia reports that interest in hedging the longevity risk of active members could soar internationally following the news of the world's first such hedge being used in the UK
NETHERLANDS/UK - Philips Pensioenfonds has appointed Aviva Investors to manage its global multi-manager unlisted real estate portfolio in Europe, the US and Asia Pacific.
US - New York City's $113.4bn pension funds have soured on activist money managers after paying them $35m over almost six years.