Regions

EUROPE - Crédit Agricole Asset Management (CAAM) underperformed its previous quarter's result by €2bn but still grew its assets under management 9.6€ to €544.4bn (US$739bn).

UK - Equities have been given a "renewed vote of confidence" by institutional investors, showed the results of the latest Merrill Lynch Survey of Fund Managers.

Gloabl - A report from the OECD has pointed to the potential of pension fund money in the development of global infrastructure.

EUROPE - Fortis Investments has increased its profit by 10% compared to last year according to its Q1 2007 results.

GLOBAL - Differences in national regulations are creating an unlevel performance playing field for direct benefit (DB) pension schemes according to a new survey by Allianz Global Investors.

EUROPE - Two major reports have given pension funds the green light for private equity investments, despite claims the vehicle had become too risky.

EUROPE - Up to 70% of payouts from US securities class actions remain unclaimed by UK and European institutional investors.

GLOBAL- Institutional asset managers have backed actively managed funds after a report claimed investors would benefit more from investing in index-tracking funds.

EUROPE - The European Commission (EC) has opened infringement proceedings against nine EU member states for their alleged discriminatory taxation of dividend and interest payments to foreign EU pension funds.

Global - Credit Suisse's asset management arm has increased its asset under management (AUM) to CHF 708.6 bn, up 5.8 % since December 31, 2006.