Searches to place international and domestic equity briefs for the Caisse de Pensions Tractebel/Pensioenkas Electrobel (CPTPE) in Brussels - a $696m pension fund for this gas and electricity utility - are under way and expected to be completed by September.

CPTPE reports that an asset/liability study is in progress to assess whether or not to increase the fund's equity allocation at the expense of its fixed-income weighting. This study is expected to be completed by the end of June.