Regions

GLOBAL - Asia is set to outperform global markets in the longer term - especially if the global economy strengthens, Schroders believes.

GLOBAL - Short biased managers were caught out in the face of a broad market rally, marking the fourth consecutive, negative month for the strategy.

GLOBAL - The ABN Amro Global Liquidity Fund grew by more than £700m in the first half of the year taking its total value to £2.2bn.

CROATIA - Croatia's mandatory pension funds are expected to whittle down to just four, with its smallest player expected to be squeezed out of the market.

GLOBAL - State Street is estimating it will retain 90% of Deutsche Bank's custody clients following the acquisition of its global securities services business.

EUROPE - As the financial reporting season gets into full swing, Aegon, the Dutch life insurer and pensions provider has reported first half earnings of e859m, an increase of 13% over this time last year.

EUROPE - Institutional investors including pension funds are becoming less worried about price and more concerned with factors such as after-sales service when they are trading equity derivatives.

UK/EUROPE - Goldman Sachs Asset Management (GSAM) is going all out to capture the traditional business of consultants in launching its own asset advice service which encroaches further up the pensions management supply chain than any fund manager has...

ISRAEL - EuroMTS is to launch an electronic inter-dealer market for Israeli fixed income securities, based on its Telematico trading system.

UK/EC - Fund manager profits will be decimated by EC plans to make them increase their capital reserves, Mercer Oliver Wyman claims.