EUROPE - Eurochambres, the Association of European Chambers of Commerce and Industry, has given a guarded welcome to the European Union's growth initiative, but urged member states to fulfil earlier promises.
GLOBAL - Denver-based investment manager Janus has unveiled a new US mid-cap value investment strategy for institutional investors outside the United States.
EUROPE - More than 25 of Europe's largest fund managers have joined forces in a bid to overhaul corporate bond markets and give scheme investments greater protection.
EUROPE - European private equity fundraising is set to hit e20bn this year - the lowest level since 1996, according to provisional figures from private equity research firm, AltAssets.
LUXEMBOURG - Northern Trust has appointed Ian Baillie as managing director of its planned fund services business in Luxembourg.