Regions

GLOBAL - Hedge fund returns are likely to suffer from the growing influx of money into the market, warns Watson Wyatt.

LUXEMBOURG - Nordea Alternative Investment, part of the Nordea Group, has announced plans to launch a new range of Luxembourg-domiciled hedge funds.

GLOBAL - US investment and insurance company The Hartford has selected six UK fund managers as investment partners for its UK investment products.

GLOBAL - Susan Douse, formerly of Watson Wyatt and Schroders, has joined a new Boston-based merchant bank as a partner and head of the new London office.

GLOBAL - A group of institutional investors with combined assets of US$8.3trn including Dutch giant PGGM and US fund CalPERS have redoubled their support for an inter-governmental effort to boost transparency standards in the oil, gas and mining sectors...

ASIA - AXA Investment Managers (AXA IM) has appointed Anthony Fasso as Asia Pacific regional director.

GLOBAL - Alan Brown, group chief investment officer at State Street Global Advisors (SSgA), has resigned and taken gardening leave.

ASIA - Standard Life Investments has appointed Michael Reed as the new chief executive of Standard Life Investments (Asia).

GLOBAL - MSCI has launched eight hedge fund strategy indices as part of its new MSCI Hedge Invest Strategy Indices.

GLOBAL - Fidelity Investments is expanding its institutional business through the creation of a separate company that will invest money on behalf of pension funds, endowments and foundations, the Boston-based manager has announced.