Global

GLOBAL - Shareholder value in pharmaceuticals is under threat if companies do not confront the health crisis in developing nations. Some 11 leading institutional investors across Europe, representing about £600bn in assets, have issued a statement to...

GLOBAL - Goldman Sachs Asset Management achieved record quarterly net revenues of US$455m during the first quarter ending February 2003.

GLOBAL - Asia specialist Atlantis Investment Management has tapped institutional appetite for China by raising US$18m (E17m) for its regional fund.

GLOBAL - Two major custodian banks have been granted licenses to operate in China's lucrative A-share market, marking a significant opening for foreign investors.

GLOBAL - Some 40% of funds worldwide secured incentive-based fees in 2002 despite the downturn in global markets.

GLOBAL - Investors continue to be bearish on both bonds, long-term interest rates and the global economy for the second consecutive month.

GLOBAL - Market uncertainty hit hedge fund investment once again as funds posted only modest gains in February, according to the latest figures from Credit Suisse First Boston/Tremont.

GLOBAL - While City pundits look to blame a possible war with Iraq for stockmarket turbulence, one leading chief investment officer believes that any conflict is clouding the deeper problems facing investors and the financial services industry.

GLOBAL - Index funds are not the place to be during the current torrid climate, according to FX Concepts.

GLOBAL - Stock market losses total US$13trn since 2000, or US$2,000 for every man, woman, and child on the planet, a new research report has shown.