Regions

GLOBAL - International fund research and fund-of-funds manager Forsyth Partners has opened its first office in South Africa.

GLOBAL - Global consulting firm Watson Wyatt has found that the shift to specialised management and growth in core-satellite approaches have not increased fund manager fees, contrary to popular perception and fees across all asset classes and regions...

GLOBAL - International financial investment group Platinum Capital Management is launching a new hedge fund with a focus on producing consistent absolute returns and low volatility in all market conditions.

GLOBAL - The total asset value of the 313 exchange traded funds (ETFs) world-wide at the end of August was US$240bn (e195bn), according to financial adviser Morgan Stanley.

EUROPE - Aon Consulting is planning rapid expansion in the Nordic countries, with the aim of becoming market leader in Sweden by 2007.

GLOBAL - The newly launched Old Mutual Asia Pacific equity fund has reported a positive return in the first quarter of 2004, with its investment value growing to US$47m (e26.6m).

EUROPE - Institutional investment services provider Russell/Mellon has upgraded its asset manager database, AMI, to provide access to 15 new European and 11 new global product groups.

GLOBAL - The market opportunity for business process outsourcing (BPO) in European asset management will reach US$758m (e623m)by 2006, according to a new report by Datamonitor.

GLOBAL - Japanese companies are beginning to take notice of investor demands for better corporate governance, Isis Asset Management claims.

GLOBAL - Assets managed by the 500 largest pension fund managers in the world increased by 22% last year to a total US$43.3trn (e35.6trn), new research by global consulting firm Watson Wyatt has found.