BlackRock saw outflows of $121bn (£76bn) in 2010 on the back of its acquisition of Barclays Global Investors, but managed to increase total assets by 6%.
US - The Securities and Exchange Commission has launched an inquiry into public statements by Illinois officials about the state's underfunded pension fund, according to a report.
UK - Friends Provident's Trevor Matthews is to step down as chief executive and hand over the reins to former Scottish Widows chief Andy Briggs.
US - BlackRock saw outflows of $121bn in 2010 on the back of its acquisition of Barclays Global Investors, but managed to increase total assets by 6%.
US - The Maryland State Retirement and Pension System returned 14.3% on investments in the six months to December 31, increasing the fund's value by more than $4bn.
SWITZERLAND - Former Swiss Re chairman Peter Forstmoser has joined the board of Swiss Foundation for International Real Estate Investments (AFIAA).
GERMANY/UK - Germany has replaced the UK as the preferred location for investment in non-listed real estate funds, new research shows.
UK - Changes to defined benefit indexation have saved FTSE100 schemes more than £15bn($23.6bn), Towers Watson estimates.
The Department for Work and Pensions is set to take action to stop firms using differences between defined contribution regulations to cut scheme costs.
Accrued benefits for deferred occupational scheme members will have plummeted 20% by retirement if schemes use Consumer Price Index inflation to uprate benefits, research finds.