Regions

GLOBAL - North American fund management firm Hartford Investment Management is targeting the UK and European credit markets in a push to secure more business outside of the US.

GLOBAL - A growing number of pension funds are increasingly focussing on liability driven investment (LDI) solutions in a bid to plug their pension fund deficits, according to a new study.

EUROPE - KAS Bank will adjust its e108m final pay pension scheme to a combined final pay and average pay scheme with effect from January 1, 2005.

EUROPE - The European Social Investment Forum has launched the first SRI toolkit for pension funds, designed to help trustees understand how to integrate SRI into their fund's investment policy.

UKRAINE - Parex Asset Management Ukraine and Ukrainian company, Universal Investment Group, have launched an open non-government pension fund.

GLOBAL - Following the recent European acquisition of crossing competitor E-Crossnet, Investment Technology Group Inc. (ITG) has bought the remaining 50% share of its POSIT crossing network from BarraPOSIT, a subsidiary of Morgan Stanley Capital International...

GLOBAL - Issuing an amendment to the IAS 19 accounting standard, the International Accounting Standards Board (IASB) has decided to allow the option of recognising actuarial gains and losses in full in the period in which they occur, in a separate statement,...

SOUTH AFRICA - The National Treasury has released a discussion paper ruling out the need for compulsion and recommending a number of ways to increase employee participation in pension schemes.

EUROPE - Credit Suisse Asset Management (CSAM) has appointed Neil Sargent vice president and European utilities sector analyst.

GLOBAL - Emerging markets equity is the most expensive regional asset class, according to a new global study of institutional asset management fees.