Regions

GLOBAL - US venture capitalist Conduit Venture has invested in fledgling UK technology firm CMR Fuel Cells.

EUROPE - A modest improvement in investment returns could increase the size of pension values at retirement by 9%, through the financial services action plan (FSAP).

EUROPE - Boutique fund manager The Real Return - launched under a year ago - has merged with Swiss rival Veritas Asset Management.

Abbey National Asset Managers is to shed 60 jobs after outsourcing the management of approximately £20bn of its assets to State Street Global Advisors.

EUROPE - F&C, the pan-European asset management company, may be listed on the stock exchange, its parent company Eureko said.

HSBC Actuaries and Consultants has launched a statistical analysis service to help schemes determine whether fund managers are delivering on their promises.

GLOBAL - Marsh & McLennan has reported that revenues of its subsidiaries Mercer and Putnam have increased by 17% and 18% in the fourth quarter.

EUROPE - Axa Investment Managers is launching an Exchange Traded Fund based on the European Public Real Estate Association's indices.

GLOBAL - Corporate bond investors are being urged to opt for individual security selection to increase portfolio returns.

EUROPE - Schemes have invested £648m in a global real estate fund run by Deutsche Asset Management's property arm, DB Real Estate.