Global

GLOBAL - Institutional investors can enhance portfolio value and deliver increased benefits to members and beneficiaries by using economic, environmental and social factors in investment decisions, according to SRI World Group.

GLOBAL - Anglo/American financial services group Amvescap became the latest casualty of turbulent markets, reporting a "disappointing" 31% drop in gross profits, according to the firm.

EUROPE - Winterthur Life & Pensions, a subsidiary of Credit Suisse Group - has appointed Michael Franz as CEO for Central and Eastern Europe in a bid to develop operations in the region.

GLOBAL - Axa Investment Managers (Axa IM) has created a division to house all its structured and hedge fund businesses.

THE NETHERLANDS - The EUR13bn Dutch metal and engineering workers' pension fund, PMI, has tendered two US indexed mandates, jointly worth around EUR2bn.

GLOBAL - JP Morgan Investor Services has launched the Trade Settlement Tracking and Relative Ranking System (JPMorgan TradeS.T.A.R.R.).

CHILE - The much hailed Chilean pensions model is exportable, but only if country-specifics are taken into account, according to Pedro Corona Bozzo, president of the International Federation of Pension Fund Administrators (FIAP).

THE NETHERLANDS - The defined benefit (DB) versus defined contribution (DC) debate continued today at the EFRP/NAPF International Conference in Brussels.

GLOBAL - Invesco anticipates a further downturn in yields as the US Federal Reserve cuts rates to stimulate growth and inflation continues to fall.

GLOBAL - Where before there was a chance that the global economy would flirt with recession but ultimately avoid it, a recession now looks inevitable, according to Swiss Life Asset Management UK CEO Tom Mclntosh. The question is, how deep and how long?...