Chinese economic reforms continue, but the authorities are going about it carefully. After all, they don't want to risk missing their growth targets. Oil-price declines and the US growth recovery are providing some welcome wind in China's wings.

Global institutional pension fund assets in the 16 major markets grew by over 6% during 2014 (compared to around 10% in 2013) to reach a new high of US$36 trillion, according to Towers Watson's Global Pension Assets Study released today.

Lyxor Asset Management (“Lyxor”) announces a new partnership with Quantmetrics Capital Management (“Quantmetrics”) to join Lyxor's AIFM managed account platform. With this partnership, Lyxor will launch its first AIFMD-compliant strategy on the platform.

La Française, an international multi-class asset manager, announces the signing of a strategic partnership (pending regulatory approval) with Alger Management, Ltd. (“Alger”).

The California Public Employees' Retirement System (CalPERS) has joined an investor group of existing and potential green bond buyers calling on the green bond market to adhere to a set of principles that provide greater clarity on eligibility, disclosure, transparency, and impact reporting for green bonds.