Global

THE NETHERLANDS - Dutch financial giant Aegon has lost Sir Michael Jenkins, vice-chairman of investment bank Dresdner Kleinwort Wasserstein, from its supervisory board.

JERSEY - Ashburton Asset Management has launched the Euro Asset Management Fund and the Dollar Fixed Income Management Fund for institutional and retail investors.

UK - London-based Morley Fund Management has hired Nick Alford as the firm's new European chief operating officer as part of the firm's restructuring plans.

GLOBAL - Aberdeen Asset Management is to open shop in South Africa in four months time.

GLOBAL - Merrill Lynch Investment Managers (MLIM) has appointed Brian Murdock as global head of fixed income and alternative investments.

THE NETHERLANDS - The gulf between the organisational and governance structures of larger Dutch pension plans and their smaller counterparts is widening, with around 40% of all small funds and 30% of all mid sized funds never having changed their managers,...

GLOBAL - Investec Group has received approval from the South African finance ministry to pursue a listing on the Johannesburg and London Stock Exchanges (LSE).

THE NETHERLANDS - Total revenues at ING were up by 11.2% to EUR41bn for the first nine months of 2001. This positive result coincides with an increase in operational net profit by 8.4% to EUR3.304m.

THE NETHERLANDS - Dutch pension giant ABP is to rebrand its insurance arm next year under the name of Loyalis following a ruling that bans Dutch pension funds from offering insurance services.

GLOBAL - Swiss giant Credit Suisse Group (CSG) became the latest casualty of volatile markets and the post September 11 downturn after it reported a massive CHF299m drop in Q3 profits on the same period last year - its first drop in overall profits in...