The California Public Employees' Retirement System (CalPERS) Board of Administration today directed its investment staff to divest from investments in manufacturers of assault weapons that are illegal for sale in the state of California.

PIMCO, a leading global investment management firm, has listed the PIMCO Foreign Currency Strategy Exchange Traded Fund (Ticker: FORX), created to offer investors the potential to benefit from fundamental changes in global currency dynamics by diversifying away from the dollar.

Swiss Re has completed a GBP 800 million longevity insurance contract with the pension fund of UK insurer LV=. The transaction includes insurance of longevity exposures for 1,000 members who are still to retire.

First two international funds offer access to highly-diversified equity holdings in growing economies.

UCITS IV compliant, this sub-fund seeks to outperform the MSCI World index, over a 5-year investment horizon, whilst aiming to maintain a lower level of volatility than that of the index...