HSBC

ASIA - HSBC Securities Services (HSS) has launched a fund administration infrastructure and operating model in Asia to help pension funds and other clients increase transparency in light of volatile markets and regulatory scrutiny.

UK - Barclays saw its pre-tax profits fall by a third during the first half of the year, with PPI claims and reduced bond trading activity hitting earnings.

TURKEY - HSBC is to manage all of Allianz Turkey's personal pension funds as part of a partnership deal between the two companies.

Implementing a responsible investment strategy need not be at the expense of strong returns and can actually help pension funds make better investment choices, Swedish pension funds heard.

MEXICO - The Principal Group will acquire HSBC's Mexican pension fund business for $198m.