Regions

GLOBAL - AXA Investment Managers (AXA IM) has restructured its credit research capabilities into four global industry sectors on the back of strong growth in its fixed income business.

GLOBAL - Phillip Purcell, chairman and CEO of Morgan Stanley, has agreed to resign from his post.

EUROPE - The Enhanced Analytics Initiative (EAI), the group of European institutions that includes Dutch pension fund giant PGGM and UK-based Universities Superannuation Scheme (USS) has commended four brokerage firms for their research on extra-financial...

GLOBAL - Dexia and Royal Bank of Canada (RBC) have announced plans to merge their custody arms to create a new business RBC Dexia Investor Services, headquartered in London.

GLOBAL - Deutsche Bank and ABN AMRO have entered into agreements with Mercer Investment Consulting to buy currency manager research.

GLOBAL - Wilshire Associates today launched iQuantum an integrated performance measurement, performance attribution and risk management solution for multi-currency, multi-asset class portfolios.

EUROPE - Citigroup Asset Management has appointed Tim Sutton as business development manager for the UK and Ireland.

EUROPE - The European Federation for Retirement Provision (EFRP) says the draft protocol on a single license for occupational pension funds compiled by its committee of pension supervisors is not consistent with the European pension funds directive.

GLOBAL - CDK Group, a New York-based investment management firm specialising in alternative investments, has announced plans to open a London office to be headed up by Peter Mallinson, a former partner at Goldman Sachs.

GLOBAL - Watson Wyatt Worldwide has appointed Simon Gilliat (pictured) to head its international consulting teams across Europe, Asia-Pacific and the Americas.