AUSTRALIA - The Australian Prudential Regulatory Authority is seeking feedback on proposals to strengthen corporate governance at super funds by requiring them to hold more capital, conduct stronger due diligence on external managers and improve risk...

US - The chief investment officer of the California Public Employees' Retirement System, the nation's largest pension fund, said it will be difficult to hit its 7.75% target in the coming years.

HONG KONG - The government has put pressure on investment managers to lower the fees they charge to run money for the massive Mandatory Provident Fund.

UK - Investors need to up their knowledge of the transition management process if they expect to have successful transitions, delegates at the Global Pensions Transition Management Forum heard.

UK - Transition managers are more often being asked to help position portfolios to make them attractive for suitors on the other side of a buyout transaction, delegates at the Global Pensions Transition Management Forum heard.

The onus of conducting due diligence on transition managers has shifted greatly to the asset owner, yet gaining access to managers' track records remains a problem, delegates heard.

UK - The onus of conducting due diligence on transition managers has shifted greatly to the asset owner, yet gaining access to managers' track records remains a problem, delegates at this month's GP's Transition Management Forum heard.

NETHERLANDS - Dutch pension funds have suffered a severe 11 percentage point drop in funding ratio from March to August due to poor market performance and increased interest rates.

UK/EUROPE - SECOR Asset Management, the fiduciary and asset manager run by the former General Motors Asset Management investment chief, has opened in London.

US - The California Public Employees' Retirement System (CalPERS) plans to dole out $2bn to up to three strategic partners to manage multi-asset class mandates.