Regions

GLOBAL - A historic agreement drafted between 19 countries, including Spain, Portugal and much of Latin America, would allow migrant workers access to "trans-border" state pensions.

UK - Watson Wyatt has appointed Kambiz Deljouie and Maurizio Abbruzzo to its investment strategy team in Reigate.

EUROPE - The Forum of European Asset Managers (FEAM) has "broadly" welcomed the white paper from the European Commission on enhancing the single market framework for investment funds as "a very positive step forward in the evolution of regulation".

GLOBAL - Funded ratios of defined benefits plans in major global markets have fallen over the third quarter of 2006 with Canada faring the worst with a slide of 4 percentage points, a Towers Perrin market update showed.

BENELUX - Pioneer Investments has poached Jillert Blom from Putnam Investments to head up its institutional sales in the Benelux region, and announced its intention to open an Amsterdam office in coming months.

EUROPE - Dexia credited steady growth of management and performance fees for the near 30% increase in revenues to e172m from its asset management division during the first nine months of 2006.

EUROPE - Nikko Asset Management, the Japan-based asset management group, has appointed Charles Beazley president of the firm's European operations.

EUROPE/ASIA - Joachim Mies has left Dresdner Kleinwort to take up the position of COO for asset management in EMEA at Credit Suisse.

EUROPE/ASIA - Joachim Mies has left Dresdner Kleinwort to take up the position of COO for asset management in EMEA at Credit Suisse.

EUROPE - Henderson Global Investors will launch a pan-European UCITS III equity fund, to be called the Henderson Pan-European Alpha Plus Fund, in December.