Regions

SOUTH AFRICA - Unless financial markets recover smartly over the next two to three years, South Africans face a pensions crisis.

GUERNSEY - Newton Investment Management, a unit of Mellon Financial Corporation, has appointed Tony Crawley as managing director of its Guernsey operations.

EUROPE - Fund managers across Europe must alter their sales processes radically to boost win rates and cut costs, new research suggests.

UK/EUROPE - Brown Brothers Harriman is hiring of Ciaran McNamee as head of european strategy, sales and marketing for the firm's global securities lending group in London.

EUROPE - European portfolio managers could be at risk of not receiving adequate company research from brokers, as their needs may be sidelined by demands from institutional traders.

EUROPE - As some continental European markets edge closer to adopting funded pension schemes, unit-linked products are capturing increasing attention, according to a report from Cerulli Associates.

EUROPE - European equities have been given a fillip by the pick-up in the US economy, Barclays Global Investors claims.

SOUTH AFRICA - Currency volatility is playing havoc with South African retirement fund performances.

EUROPE - Socially responsible investment (SRI) in Europe received a boost over the summer period with mandates being awarded according to SRI criteria, and ethical guidelines being outlined by one of the continent's largest investors.

GLOBAL - Misys Asset Management Systems has appointed Matthew Baldwin as manager, international sales group.