EUROPE- Deutsche Asset Management (DeAM) has heightened its hedge fund focus in Germany, Switzerland and Scandinavia by appointing Charles Simeon, formerly of Optimal Investors Services, to its team to sell DB absolute return strategies in these countries....

Business up, profits drop

ONLINE provider Thomsons is set to launch a new service that allows employees to compare and contrast diverse financial products.

PRUDENTIAL has outsourced a range of life and pensions sales and administration services to Capita Group in a three-year deal worth around £40m.

Public feeling positive

Older pensioners are being hit harder than ever by rising inflation, latest research from the Alliance Trust reveals.

Jardine Lloyd Thompson has appointed Carol Perry as director of its Independent Trustee Services subsidiary. She will be based in London.

SPECIALIST environmental asset manager Impax has completed two new fund raisings to take its funds under management to more than £400m.

UK - The British Coal Staff Superannuation Scheme and the Mineworkers Pension Scheme have retained JPMorgan Worldwide Securities Services (WSS) as their custodian.

MALAYSIA - Malaysia's 42 trust fund managers will increase transparency and tighten their procedures after the Employees Provident Fund (EPF) called for the introduction of measures to protect contributors from unnecessary losses when investing their...