Regions

EUROPE - Barclays Global Investors has appointed Lindsay Tomlinson as its new vice chairman, Europe.

EUROPE - CLS Bank has completed its first trades in Danish, Norwegian and Swedish kroner one year after it went live.

GLOBAL - Dedicated short-biased strategies posted the only negative results in the the CSFB/Tremont Hedge Fund Index in August as manager were caught out by recent equity rallies.

UK/EUROPE - Hedge fund-of-funds manager Pacific Alternative Asset Management Company has received FSA registration and established a London office.

EUROPE - The International Monetary Fund (IMF) has praised France for its pension reforms.

GLOBAL - New York-based specialist Innovest Strategic Value Advisors is to consult on the next stage of the Carbon Disclosure Project (CDP), which is backed by institutional investors including Swedish national pension funds, AP2 and AP3.

GLOBAL - Barclays Global Investors has announced two new appointments to boost its securities lending business.

UK - Fund managers are slowing the move to long-term, liability-driven mandates, Watson Wyatt claims.

INDONESIA/SWITZERLAND - Zurich Financial Services has sold its life business in Indonesia as part of its strategy to focus on key markets.

EMERGING MARKETS - Emerging markets are set to rocket over the next five years at the expense of developed economies which will increasingly feel the drag of an ageing population.