Invesco

UK - Hermes Real Estate Investment Managers Limited and LaSalle Investment Management have sold a £141.5m office block in the City of London to Invesco Real Estate.

UK - Hermes Real Estate Investment Managers Limited (HREIM) and LaSalle Investment Management have sold a £141.5m office block in the City of London to Invesco Real Estate.

Charlotte Moore canvasses opinion on diversified growth funds and other ways of adding alpha

US - US real estate investment trusts are seeking a bigger piece of the more than $500bn of property investments from pensions, aiming to attract money from the private-equity funds traditionally favored by managers.

The Pension Protection Fund has recruited four new managers alongside its existing manager to develop its globally diversified real estate strategy.

The London Borough of Lambeth has invested €90m (£75m) in one of Invesco Perpetual's pan-European property funds.

IRELAND/US - State Street, the world's second-biggest money manager for institutions, is in talks to purchase Bank of Ireland's asset-management business, according to three people familiar with the matter.

European pension funds are shunning cash in favour of riskier alternative investments, a survey shows.

EUROPE - European pension funds are shunning cash in favour of riskier alternative investments, a survey shows.

GLOBAL - Low liquidity levels in the fixed income markets have led investment grade and high yield exchange traded funds to rack up higher-than-expected tracking errors and lower performance, asset manager Robeco said.