More than half of pension trustees perceive commodities as a less risky investment following the credit crunch, according to research commissioned by Goldman Sachs Asset Managemen.

EUROPE - More than half of pension trustees perceive commodities as a less risky investment following the credit crunch, according to research commissioned by Goldman Sachs Asset Management (GSAM).

GLOBAL - Prominent pension schemes are among 30 founding members of the Hedge Fund Standards Board's investor chapter, announced today.

UK - Start-up investment manager Carduus Capital has become the latest hedge fund investor to offer to refund part of its fees if it does not perform as institutional clients expect.

GLOBAL - The hedge fund industry has finally recouped the assets it lost during the height of the credit crunch two years ago, according to data provider Eurekahedge.

GLOBAL - Institutional asset managers say investors should not be scared by emerging economies recently increasing capital controls to cool strong inflows into their markets.

NETHERLANDS - Sustainable Asset Management's (SAM) flagship strategy SAM Smart Energy has surpassed the $1bn mark on the back of interest from institutional investors.

EUROPE - The trade associations for securities lenders such as pension funds, and for hedge funds, have each criticized key planks in European Commission proposals to regulating short selling, issued today.

EUROPE - EU proposals to regulate Europe's hedge fund industry are already transforming it, before the plans have even been ratified, officials at Martin Currie said.

GLOBAL - Research house Lipper is urging pension funds to follow the lead of CalPERS and Utah Retirement Systems in pushing hedge fund managers to explain and justify their fee structures.