Regions

EUROPE - SEI Investments has appointed Stephan Römer as head of institutional business development for Germany, Austria and Switzerland.

GLOBAL - An OECD study has warned that pension reforms are absolutely imperative to ensure the sustainability of pay-as-you-go schemes.

GLOBAL - Regulators in Europe and US are likely to intervene in the "overheated" hedge fund market as a result of growing concerns about the huge flow of pension fund assets into hedge funds, according to a new study.

GLOBAL - The investor confidence index, a key economic indicator for asset owners and investment managers, declined marginally in May as a result of institutional investors gradually cutting the risk in their portfolios, early in 2004.

EUROPE- The Czech Republic, Hungary and Poland could provide a unique investment opportunity following their entry into the European Union, Aberdeen Asset Management believes.

EUROPE - Standard & Poor's (S&P), the global ratings agency, has launched a new European-based ratings service for fund of hedge funds.

EUROPE - A new pensions committee, the European Insurance and Occupational Pensions Committee (EIOPC), will be set up to assist the European Commission in adopting measures for implementing EU Directives.

EUROPE - The European Parliament last month voted on legislation to fulfill the last key features of the financial services action plan, passing two directives on transparency of securities markets, financial instruments and a third measure prohibiting...

EUROPE - Restrictive investment regulations and defensive investment policies remain impediments to filling the pensions gap in central and eastern European countries (CEEC), according to a report from Allianz Dresdner Asset Management.

EUROPE - An increasing number of European pension funds have begun taking an active interest in risk budgeting, according to new research.