Europe

GLOBAL - Franklin Templeton's Mark Mobius has said he does not believe there will be a recession in developed or emerging markets despite the ongoing eurozone sovereign crisis.

EUROPE - The majority of European institutional investors believe the euro will survive in its current form, but a recent survey finds the UK harbours the most sceptics.

UK - Narrowing Consumer Prices Index and Retail Prices Index inflation will save schemes switching to CPI just 60p (94c) a week for each scheme member, according to figures.

FRANCE - Global sovereign wealth funds with over $9trn in assets are meeting to discuss ways to boost global economic growth, including the potential use of new financial instruments like "loyalty shares" or "capital access bonds".

UK - Overestimated inflation projections could be costing UK defined benefit scheme sponsors over £50bn ($79bn)in unnecessary funding commitments, a corporate adviser warns.

EUROPE - Large European investors have redefined passive investing and moved away from the idea of indices representing a buy-and-hold strategy a new survey shows.

UK - UK pension funds are showing early signs of re-risking, according to panel members at a JP Morgan Transition Management (TM) press briefing in London yesterday.

UK - The Court of Appeal has ruled in favour of The Pensions Regulator in the Nortel/Lehman Brothers legal challenge.

UK - State Street was forced to reimburse a client for a transition management trade after an internal investigation, which led to the dismissal and possible dismissal of senior transition managers Ross Mclellan and Edward Pennings, found the client had...

UK - The government has announced a six month delay in the increase in the state pension age in 2020.