Regions

GLOBAL - The Enhanced Analytics Initiative (EAI) has grown to twenty-one members representing €1.1trn in assets under management since its inception two years ago.

GLOBAL - Consultants have been left behind in the move by large pension plans to portable alpha strategies, said Bruce Brittain, executive vice of president product management at PIMCO.

EUROPE - Swisscanto has launched its (LU) SICAV 2 Bond Absolute Return (CHF and €) bond funds, which aim to achieve positive yields of 1.5% (CHF) and 2% (EUR) above their respective money market yields over a rolling time horizon of three years.

EUROPE - F&C Asset Management has cited a shift in Dutch pension fund policy as the main reason for the net €6.1bn withdrawn by clients in the last three months, according to media reports.

UK - Russell Investment Group has appointed UBS' Ian Toner to the newly-created role of global commission management programme head.

UK - Simon Stead has joined The Pensions Trust as pensions administration manager, having spent the last 10 years with Aon in a similar role.

EUROPE - Patrick Burke has been elected director of the European Federation for Retirement Provision, taking over from Nora Finn.

EUROPE - European asset managers are continuing to charge the Italian pensions market with Raiffeisen the latest manager to reveal plans to strengthen its offering in the region.

EUROPE - The EU directive to enhance shareholders' rights is due to be agreed early next year, said Pierre Delsaux, director general of internal market and services at the European Commission.

GLOBAL - Investors can benefit from greater regional diversification in the real estate investment trust (REIT) market and gain access to global markets through a more liquid means than traditional direct real estate investing, according to Mercer Investment...