Europe

The London Pensions Fund Authority (LPFA) has announced indicative results of the 2013 valuation of its GBP 4.7 billion fund. The funding level is anticipated to be around 95 per cent, close to full funding, on the initial assessment carried out by Barnett Waddingham.

Nearly 50 per cent of divestments in the UK over the past two years were driven by a need for a quick cash injection rather than to achieve a longer term strategic objective, according to a new report from Ernst & Young.

The latest results from the ZEW-ZEPHYR M&A Index Germany show only a marginal change for the first half of 2012. Compared with the 63 points achieved in December 2011, June 2012’s results were almost unchanged at 59 points.

BDO LLP publishes the latest results for Q1 2012 from its Private Companies Price Index (PCPI) and Private Equity Price Index (PEPI).

A study by Ernst & Young shows how Asia-Pacific companies are taking advantage of the current financial and economic situation in Europe to make strategic purchases at an attractive price