Regions

SOUTH AFRICA - Investec Asset Management has appointed Anna Parlevliet as head of international sales.

GLOBAL - Allianz Global Investors, the asset management arm of German insurer Allianz, saw operating profits grow by 35.6% to e777m in the nine months to September.

EUROPE - Fund management consultancy Investit has hired Brian Hill, formerly a partner at Watson Wyatt, as a specialist.

EUROPE - Matthew Annable, chief investment officer Europe, active equities, is to leave Barclays Global Investors (BGI) next year in pursuit of a "lifestyle change", the firm has announced.

HUNGARY - AXA Real Estate Investment Managers (AXA REIM) has opened an office in Budapest as the next stage of its expansion into Central Europe.

EUROPE - The Italian Asset Management Association (Assogestioni) and the Italian Industry-wide Occupational Pension Fund Association (Assofondipensione) are set to join the European Federation for Retirement Provision (EFRP).

EUROPE - Several European countries could be in breach of an EU Treaty relating to Undertakings for Collective Investments in Transferable Securities (UCITS), according to a joint report by Price WaterHouseCoopers (PwC) and EFAMA.

EUROPE - The Forum of European Asset Managers (FEAM) has called on the European Commission to remove single market barriers in the asset management industry.

GLOBAL - Satellite broadcaster BSkyB's plans to buyback up to 5% of its shares were passed at a shareholder meeting today, however the company announced it would not be extending the buyback scheme past the current financial year. A number of investors,...

EUROPE - Robin Ellison (pictured), Klaus Stiefermann and Vincent Vandier have been elected as directors of the European Federation for Retirement Provision.