Regions

EUROPE - Swedish insurance giant Folksam has appointed Northern Trust global custodian for all of its US$17bn (e14bn) in insurance assets and mutual funds.

EUROPE - Pension systems across Europe have been labelled "irrational" by the chair of the European Federation of Retirement Provision.

EUROPE - Regulation is the biggest issue facing European pension systems as they prepare to implement the EU directive in 2005, European Federation of Retirement Provision chair Alan Pickering (pictured) told the Irish Association of Pension Funds conference...

GLOBAL - Mutual fund company Oppenheimerfunds Inc (OFI) is branching out into the European market as part of a wider push to establish a global presence as a full service asset manager.

GLOBAL - Turkish asset management firm Finans Portfoy and Dow Jones Indexes have launched Turkey's first exchange-traded fund.

UK/EUROPE - PIMCO Europe Ltd has appointed David Viana and Tom Rice to high profile positions on its management team.

UK - Morley Fund Management and Parkridge Developments have teamed up to launch a central European distribution warehousing parks fund.

EUROPE - The pension fund deficit crisis is driving a major change in the balance between first, second and third pillar pensions, which could potentially open the market to private pension providers in Europe, according to Research and Markets Limited's...

EUROPE - Public servants in Ireland will be eligible to retire from the age of 50 or 55 with actuarially reduced superannuation benefits under new reforms to public service pensions announced by the minister of finance.

GLOBAL - Multinational corporations are moving towards centralised control and cross-border pensions, says Mercer Investment Consulting.