Global

GLOBAL - Assets in exchange traded funds are expected to grow by some 34% in 2003.

CHINA/ NETHERLANDS/BELGIUM - Haitong Securities, one of the largest securities companies in China, and Fortis Investment Management (FIM) have received a licence from the China Securities Regulatory Commission to set up a joint venture, Fortis Haitong...

GLOBAL - Liberty Ermitage has unveiled a new multi-strategy hedge fund of funds designed to weather turbulent market conditions.

GLOBAL - After a decades-long shift toward early retirements, many OECD (Organisation for Economic Cooperation and Development) countries are now trying to reverse the trend.

GLOBAL - RBC Global Services, Institutional & Investor Services has been selected as sole custodian for the entire US$21bn Canadian investment portfolio of Sun Life Assurance Company of Canada, the largest life insurance company in Canada, and a member...

GLOBAL - International mutual fund managers will draw significant new investments from Latin American institutional investors over the next five years, thus compensating for continued weakness in the increasingly competitive private investor segment,...

GLOBAL - Bank of Bermuda has approved the plan to outsource the bank's IT applications, infrastructure and capital projects management.

GLOBAL - The industry debate regarding the importance of countries and sectors has taken a step forward with leading industry players in the US predicting that US pension funds will move to a global approach within five years.

GLOBAL - The Hennessee Hedge Fund Advisory Group, a global hedge fund investment consulting firm, has announced that hedge funds produced a positive return of +2.55% in November, according to the Hennessee Hedge Fund Index.

Global Pensions' editor Luke Clancy looks back at the investment predictions made this time last year.