Regions

GLOBAL - Investment managers Barclays Global Investors (BGI) has announced the second phase of launching a suite of 16 pooled Liability Driven Investment funds.

GLOBAL - Franklin Templeton Institutional (FTI), a global investment management firm, has formed a Global Consultant Relations Group to "better serve the needs" of investment consultants worldwide.

SOUTH-EAST ASIA - Astute country positioning and successful stock selection were the ingredients for the top performing funds investing in the volatile South East Asia and Pacific regions over the first five months of 2005, Standard & Poor's (S&P) has...

HUNGARY - Reforms need to be advanced in Hungary to move the country "further up the value added chain", a report from the Organisation of Economic Cooperation and Development (OECD) has suggested.

EUROPE - A strong bond yields decline will result in many plan sponsors seeing a substantial drop in the funded status of their plans, resulting in a significant increase in pension expense in the following fiscal year, Watson Wyatt has claimed.

GLOBAL - Fund managers are open to "operational risk" and should exercise caution when using over the counter (OTC) derivatives, research by investment management consultancy Investit has suggested.

EUROPE - The European Fund and Asset Management Association (EFAMA) has underlined the "robust growth" of the European investment management industry at a conference in Brussels.

EUROPE - Schroders, the global asset management company, has poached Leon Howard-Spink from Jupiter Asset Management, to spearhead its new European equities team.

EUROPE- Fidelity International has appointed Simon Fraser as president of the UK and European institutional business, which was ringfenced from the retail fund management unit in March this year.

EUROPE - Insight Investment has launched a pan-European property investment fund, the first stage in its planned expansion of its property business into Europe.