Regions

GLOBAL - JPMorgan has expanded its transition management business for Europe, the Middle East and Africa (EMEA) with the hire of former Barclays Global Investors index fund manager Heather Schreider.

GLOBAL - Mercer Human Resource Consulting's UK chair and CEO, David Barford, has announced his resignation.

EUROPE - There is an urgent need for pension reform in Europe but the problem needs to be tackled as part of a "whole package" of economic reforms, according to the International Monetary Fund (IMF).

GLOBAL - A coalition of Australian and international funds has warned it will not guarantee support for Rupert Murdoch's plan to move his News Corporation headquarters from Australia to the US.

EUROPE - One in three European funds are looking to adopt a new approach to asset allocation, a survey by JPMorgan Fleming has found.

UK/EUROPE - Global fund manager Standard Life Investments (SLI) has launched a new Strategic Solutions Unit targeting European pension and insurance funds.

UK/EUROPE - The positive factors that have driven Eastern European markets over the last two years will most likely remain and spur investment in the region in the future, says Credit Suisse Asset Management (CSAM).

UK/EUROPE - The positive factors that have driven Eastern European markets over the last two years will most likely remain and spur investment in the region in the future, says Credit Suisse Asset Management (CSAM).

GLOBAL - Japan's economy will be the hardest hit by population ageing among advanced countries, according to the International Monetary Fund's (IMF) latest World Economic Outlook report.

GLOBAL - Total assets at the world's largest pension funds grew by 19% to US$6.6trn during 2003, according to research by global consulting firm Watson Wyatt.