Regions

GLOBAL - Wilshire Associates has launched its new performance measurement, performance attribution and risk management solution for multi-currency, multi-asset class portfolios in Europe and Asia Pacific.

EUROPE - PCG Asset Management, a unit of California-based investment management and advisory firm Pacific Corporate Group, has opened an office in Geneva in a bid to expand its offering in the European market.

EUROPE - The European Commission has taken one step closer to a directive on shareholders' rights that could set common standards for transparency and exercise of voting rights.

GLOBAL - Industry professionals have begun to raise doubts over hedge fund managers and whether the massive inflow, combined with the risk of manager failure, could lead to the bubble bursting.

GLOBAL - Countries that do not have a well developed corporate bond market, such as Australia and Norway, will not be able to base their discount rate for calculating liabilities on a synthetic corporate bond rate, but will instead have to base the discount...

EUROPE - BNP Paribas Asset Management has appointed Shona Whitesmith to head up institutional business development in UK and Ireland.

EUROPE - Fortis Investments has unveiled a series of liability driven investment solutions targeted at small and medium sized pension funds in Europe.

MIDDLE EAST - Dow Jones Indexes and the Bahrain Stock Exchange are set to launch in the first week of June a new broad benchmark index comprised of all stocks listed on the Bahrain Stock Exchange.

GLOBAL - Merrill Lynch Investment Managers (MLIM) has appointed Quintin Price as chief investment officer for the Europe, Middle East, Africa and Pacific region.

EUROPE - Aberdeen Property Investors has recruited Alessandro Bronda, former head of European research at Catella, to head up the expansion of the investment strategy team's activities in Europe.