Global

GLOBAL - Australian boutique fund manager Perennial Investment Partners is targeting UK and European pension funds as it looks to expand the global reach of its Asia ex-Japan and Japanese equity products.

GLOBAL - US$29bn Jones Lang LaSalle (JLL) has combined operations with real estate services and investment company Spaulding & Slye.

GLOBAL - Interest in pension pooling has surged significantly with some 80% of multinationals contemplating pension pooling solutions, according to new research from Deloitte.

GLOBAL - Tony Broccardo, CIO of F&C, is to leave the firm shortly after his position was terminated and replaced with a new role of head of investments.

GLOBAL - Schroder Investment Management saw profits from its core asset management division more than double in the year ending September 30, up 67% to £46.1m.

GLOBAL - Allianz Global Investors, the asset management arm of German insurer Allianz, saw operating profits grow by 35.6% to e777m in the nine months to September.

HUNGARY - AXA Real Estate Investment Managers (AXA REIM) has opened an office in Budapest as the next stage of its expansion into Central Europe.

GLOBAL - Satellite broadcaster BSkyB's plans to buyback up to 5% of its shares were passed at a shareholder meeting today, however the company announced it would not be extending the buyback scheme past the current financial year. A number of investors,...

GLOBAL - Mercer realised a 16% increase in specialty consulting revenues in the third quarter, according to parent company Marsh & McLennan Companies (MMC).

GLOBAL - A band of institutional investors, including pension funds are rallying to revolt against satellite broadcaster BSkyB's plans to buy back up to 5% of its shares this month.