Assets under management (AUM) at the world's top 500 managers increased by $5.2trn (£3.2trn) over the course of 2012, research from Towers Watson shows.
Allianz Global Investors has restructured its pan-European senior management team, in an effort to streamline and develop business.
Allianz Global Investors has recruited an infrastructure loan investment team to satisfy institutional demand for long-term income.
GLOBAL -The Greek pension system was ranked the worst in a new study because of its acute sovereign debt and overly generous promises, while Australia was found to have the most sustainable system.
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.
GLOBAL - Have you missed the biggest stories in pensions this week? Find out below, as we list the top 10 most popular stories on www.globalpensions.com over the past seven days.
GERMANY/US - German insurer Allianz has announced a restructure of its asset management business that gives subsidiary PIMCO, the world's largest bond manager, more freedom around distribution of its products.
GLOBAL - Introducing environmental, social and governance (ESG) criteria into an investor's stock selection process has no negative impact and is more likely to lead to outperformance over the longer term, research suggests.
Russell restructures EMEA; Towers Watson lures AonHewitt's Machon; SEC; Robeco; AustralianSuper; Standard Life Investments; Allianz Netherlands Asset Management; IMF
TURKEY - HSBC is to manage all of Allianz Turkey's personal pension funds as part of a partnership deal between the two companies.