Regions

EUROPE - Con Keating, principal at the Finance Development Centre, has questioned a report promoting the shift away from DB plans to stand-alone pension funds where the participants shouldered more risk.

GLOBAL - AXA Investment Managers has announced the first two additions to its currency management team as the firm seeks to bolster its presence in the increasingly-competitive currency arena.

GLOBAL - The sheer volume of money being pumped into hedge funds means they are essentially now mainstream investments, the Alternative Investment Management Association (AIMA) has claimed.

EUROPE - European investors will, from tomorrow, be able to gain direct exposure to oil through the launch of exchange traded commodities (ETCs) on Euronext Amsterdam.

GLOBAL - T. Rowe Price Group posted net revenues of US$446m and net income of $136m for the second quarter of 2006, as assets under management reached $293.7bn.

GLOBAL - Pension funds could improve equity market performance by co-operating on voting and engagement issues, a Watson Wyatt report has found.

EUROPE - Hedge fund in the European hedge fund is becoming increasingly polarised, with managers either opting for the large asset managers that act as a distribution channel to institutional money, or focusing on the more traditional high net wealth...

GLOBAL - Russell Investment Group has nabbed Mercer Global Investments' US president Barry McInerney, who joins as director of client service.

GLOBAL - The International Accounting Standards Board (IASB) is set to review post-retirement benefits in an effort to improve pensions accounting.

GLOBAL - Three enhanced sub-funds of the State Street Global Advisors (SSgA) cash management fund will allow investors to maximise income while preserving capital and generating short-term liquidity through a short duration fixed income strategy, the...