Regions

GLOBAL - T. Rowe Price Group's assets under management (AuM) reached a record US$269.5bn at year end 2005, up nearly 15% ($34.3bn) on the previous year.

GLOBAL - Watson Wyatt Worldwide director Paul Thornton has this week announced his resignation to "pursue other interests," but will continue working on certain client commitments until June.

GLOBAL - IBM has confirmed to Global Pensions that it has established a Common Contractual Fund (CCF) asset pooling vehicle in Dublin Ireland.

EUROPE - Raising retirement ages is not the way to achieve a sustainable pension system, a minister for the Austrian European Union presidency has claimed.

GLOBAL - The 2006 Global Pensions award winners were announced last night at the Gibson Hall in London.

GLOBAL - Knight Capital Group has agreed to acquire Hotspot FX, a privately held firm that provides institutions and dealers with spot foreign exchange trade execution, for US$77.5m in cash.

GLOBAL - The Caisse de dépôt et placement du Québec and Axa Private Equity will commit €1.5bn as they increase their joint private equity efforts in North America, Europe and Asia.

GLOBAL - Money market funds rose in popularity in 2005 over bank deposits in 2005 for institutional investors, according to a survey by JPMorgan Asset Management.

GLOBAL -Sogeposte, the asset management subsidiary of La Banque Postale, has announced it is to join the Enhanced Analytics Initiative (EAI) as a full member. The EAI , which includes members such as the Stichting Pensioenfonds ABP and the London Pension...

GLOBAL - Credit Suisse has confirmed it is considering using the FXall foreign exchange platform.