Regions

AUSTRIA/RUSSIA - Raiffeisenbank Austria, the subisidiary of Raiffeisen International, has acquired the Moscow-based private pension fund Dobroe Delo, for an undisclosed amount.

EUROPE - Eurostat has ruled that pension payments into government managed defined contribution (DC) schemes cannot be treated as revenue.

AUSTRIA/RUSSIA - Raiffeisenbank Austria, the subisidiary of Raiffeisen International, has acquired the Moscow-based private pension fund Dobroe Delo, for an undisclosed amount.

EUROPE - A new Eurostat ruling on treatment of pension obligations could help reduce budget deficits of EU countries.

GLOBAL - Emerging markets funds continued their robust performance, returning 2.53% in January 2004, according to latest figures from CSFB/Tremont Hedge Fund Index.

GLOBAL - The Japanese stock market remains attractive over the long-term, SG Asset Management says.

EUROPE - Babloo Ramamurthy (pictured) will take over as managing partner of Watson Wyatt Europe.

EUROPE - Babloo Ramamurthy (pictured) will take over as managing partner of Watson Wyatt Europe.

EUROPE - SEI Investments, a provider of asset management and investment technology solutions, has appointed Nadine Fugert (pictured) as sales director for Germany. Fugert is based in Munich.

EUROPE - Barclays Global Investors remains at the top of Mercer's European rankings, with e123bn European pension fund assets under management at the end of 2002.