Global equities

CHILE/CANADA - The Ontario Teachers' Pension Plan plans to bid to increase its stakes in two Chilean water utilities.

UK - Lothian Pension Fund has gone out to tender for two investment advisers to sit on its Investment Strategy Panel following the expiration of the current adviser contracts.

SOUTH AFRICA - Global Pensions speaks to Dan Matjila, chief investment officer of the Public Investment Corporation, the asset managers for the country's largest pension scheme, about developmental investment.

AUSTRALIA - QIC is to close its implemented manager-of-managers Australian equities product and its directly managed large cap Australian equities products because of lack of demand.

EUROPE - Pension funds could once again retract from securities lending if they are included in European proposals which would tag lenders as ‘short sellers', according to the trade body for securities lenders.

LATIN AMERICA - Assets in Latin American pension and mutual funds will hit $1.4trn over the next five years, with Chile emerging as the most attractive market for asset managers, a new report shows.

PERU - A Peruvian congressional committee approved a government proposal to increase the limit on private pension fund managers' investments overseas.

Global Pensions will be taking a break over the Easter holiday and will return on Tuesday, 26 April.

Pension scheme investment into UK equities has more than halved over the past decade as funds move into bonds and index-linkers, figures show.

PERU - Prima AFP, Peru's biggest pension fund manager, is taking advantage of the biggest stock selloff in more than two years and declines in the country's bonds and currency to buy assets on a bet prices will rebound after presidential elections.