Regions

EUROPE - AXA Real Estate Investment Managers (AXA REIM) has purchased one of Budapest's best-known class A buildings as part of a client-driven move to expand its services into central Europe.

EUROPE - T Rowe Price Global Investment Services Limited has expanded its European presence with the opening of an office in Stockholm, Sweden.

EUROPE - UK companies outperform their continental European competitors on social responsibility, a new study shows.

EUROPE - Stichting Flexibel Uittreden Nutsbedrijven (Sfn), the e390m pre-retirement fund of the Dutch utility sector, has awarded Barclays Global Investors (BGI) a e175m balanced mandate.

EUROPE - The City of Stockholm has awarded a e8m global equity social responsible investment (SRI) mandate to Edinburgh-based Scottish Widows Investment Partnership (SWIP).

Senior relationship manager Claire Steele has joined Northern Trust's European multi-national pension fund team.

GLOBAL - Bond and equity markets in Europe will "decouple" from and outperform their US counterparts over the next two years, according to new research by ABN AMRO.

EUROPE - A proposed revision to the Investment Services Directive (ISD) is unnecessary and would constrain the investment industry by imposing expensive client reporting standards and removing regulator flexibility in applying requirements, according...

LUXEMBOURG - Luxembourg has abolished its 0.01% subscription tax on multinational companies establishing investment vehicles to pool their cross-border pension assets.

GLOBAL - Mercer Human Resource Consulting has appointed Patrick Cosgrave as head of its pensions administration practice.