Barclays

GLOBAL - Barclays Bank violated US sanctions in dealings with Cuba, Iran, Libya, Sudan and Burma, court papers have revealed.

The £16bn Barclays UK Pension Fund has added to its in-house investment team with the appointment of Stergios Saloustros as head of dynamic asset allocation.

Pension schemes are increasingly appointing chief investment officers for in-house investment expertise and to slash the costs incurred by using third-party consultants, DMGT says.

GLOBAL - Only 11.8% of respondents to the Global Pensions 100 Panel said they have made or are considering making investments in microfinance vehicles. The results, come after the California State Teachers' Retirement System began last month a discussion...

Sebastian Cheek reports on how investment strategy design is changing to react to the rapid expansion of the DC asset pool

Last week, the department for work and pensions published a note for employers detailing the risk-sharing options available under current legislation.

EUROPE - Reporting choices available to European banks under accounting rules can give investors a misleading view of the impact pension plans have on the banks' capital, a report by Moody's Investor Services revealed.

New regulations allow Mexican pension funds access to a broader investment pool, as Giovanni Legorano reports

MEXICO - Mexican pension regulator Comisión Nacional del Sistema de Ahorro para el Retiro (CONSAR) has expanded the range of equities pension funds can buy and introduced flexible value-at-risk (VaR) rules in a bid to better adapt to market volatility....

GLOBAL - Despite closure after closure of defined benefit pension funds around the world, some investment managers think hybrid versions of these schemes will continue to emerge.