With no sign of a tightening in European monetary policy, low investment yields will continue to put pressure on German life insurers, many of whom sold overgenerous life policies even as signs were emerging that the European economy was entering a prolonged period of depressed interest rates.

Ontario Teachers' Pension Plan (Ontario Teachers') announced a rate of return on investments of 13.0% for the year ended December 31, 2015, resulting in an increase in net assets to a record $171.4 billion from $154.5 billion at the end of 2014.

The infrastructure investment joint venture between Greater Manchester Pension Fund (GMPF) and London Pensions Fund Authority (LPFA) has entered a partnership to co-own one of the largest windfarms of its type in Europe.

The California Public Employees' Retirement System (CalPERS) announced the selection of Marlene Timberlake D'Adamo as Chief Compliance Officer (CCO). She assumes her new role on April 11.

The California Public Employees' Retirement System (CalPERS) today announced it has settled its case against Moody's and Moody's Investors' Services (Moody's) for a record $130 million. The case stemmed from Moody's erroneous ratings of "AAA" rated structured investment vehicles prior to the financial crisis.