Regions

GLOBAL - Emerging markets continued to outperform other strategies, returning 1.83% for March 2004, according to the CSFB/Tremont Hedge Fund Index.

GLOBAL - The shift away from UK equities by domestic pension schemes may be partly offset by big investments from the Far East, experts believe.

EUROPE - The European Commission has adopted two recommendations to facilitate the uniform implementation of EU rules on UCITS.

THE NETHERLANDS - Legal & General Investment Management (LGIM) have picked up an inflation linked bond index mandate from Stichting Pensioenfonds Sappi Netherlands, the Dutch subsidiary of Sappi, the world-wide manufacturer of paper products.

GLOBAL - Worldwide employees' lack of understanding in financial matters is hampering their saving enough for retirement, according to Larry Zimpleman, president of retirement and investors services at Principal Financial Group.

THE NETHERLANDS / UK - Gartmore has secured a e225m European equities mandate from a major Dutch pension scheme.

THE NETHERLANDS - Dutch pension giants ABP and PGGM have exercised their shareholder might against Van der Moolen, in refusing to approve the specialist market maker's 2003 accounts and voting against a series of agenda items presented at the AGM.

AXA Investment Managers has expanded its global consultant relations team with the appointment of Nigel Loweth (pictured), previously head of UK institutional sales.

THE NETHERLANDS - Stichting Pensioenfonds voor de Woningcorporaties (SPW), the ASW pension fund, has appointed Mn Services to manage an international real estate investment mandate worth e50m.

GLOBAL - The performance measurer Russell Mellon CAPS will be known as Russell/Mellon from April 26.