Regions

GERMANY - Asset management firm Activest Investmentgesellschaft is to be re-branded under Pioneer Investments.

GLOBAL - SEI Investments Company achieved a significant 23% increase in its third quarter profit while revenue was up more than half, thanks largely to the consolidation its equity stake in LSV Asset Management.

EUROPE/US - Boutique manager SVM Asset Management revealed it has discussed taking its new SRI fund over to the US, although it stressed no concrete plans had yet been made.

EUROPE - The funding deficit affecting European occupational pension plans "is a man-made disaster" and not just the result of falling equity markets, claimed author Guy Fraser-Sampson.

EUROPE - Morley Property has appointed its first dedicated property securities fund manager in the form of ABP's Paul van de Vaart.

US - Jean-Michel Loehr has been appointed CEO of RBC Dexia Investor Services Bank, and will also join the RBC Dexia Investor Services executive committee.

MALAYSIA - THe Employees Provident Fund has modelled its performance management approach on the balanced scorecard methodology (BSC) in an effort to encourage a performance-based culture.

EUROPE - Only 16% of European multinational companies plan to increase their pensions investment over the next year, according to Mercer Human Resource Consulting research.

GLOBAL - Standard & Poor's will co-head a consortium to develop an index of emerging market companies based on environmental, social and corporate governance (ESG) performance.

KOREA - Rising pension costs will deplete the Korean pension system's assets under the current parameters, International Monetary Fund (IMF) directors have warned.