The California Public Employees' Retirement System today announced that Ted Eliopoulos, CalPERS' chief investment officer (CIO), is leaving the pension fund in order to relocate to the East Coast to be closer to family. A search for his permanent replacement will begin immediately.

According to Bank of America Merrill Lynch, it seems that outflows from Euro/European focused HY funds have stopped. Over the past 2wk Euro focussed European domiciled funds have recorded healthy inflows putting an end to weeks of poor flows.

The Aberdeen Standard Investments infrastructure team has made a second investment in a gas pipeline and processing system. The team has acquired the InfraVia Capital Partners Managed Fund's 20% interest in Noordgastransport (NGT) B.V...

Nomura Holdings, Inc. announced that it applied to the China Securities Regulatory Commission (CSRC) on May 8 to establish a joint venture securities firm.

Nomura, Asia's global investment bank, today appointed Ting Lu as Chief China Economist to lead a team of economists that forecasts China's economic trajectory and drives thought leadership on macroeconomic themes shaping the country.