Regions

GLOBAL - JP Morgan Investor Services is to provide global custodial services to the Gartmore Group's US$16bn in assets.

GLOBAL - Despite emerging market bond funds suffering their worst week of outflows this year, Asia ex-Japan equity funds have picked up US$1.3bn in inflows in the last ten weeks, according to a report from EmergingPortfolio.com.

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 before...

EUROPE - Equity derivatives and credit swaps are increasingly capturing interest from pension funds, but the market could be distorted if all pension funds were to engage such instruments, according to Schroders.

EUROPE - ABN AMRO Global Liquidity Fund (GLF) grew by more than e1bn to e3.2bn in the first six months of this year, increasing its market share by more than 2%.

GLOBAL - Janus International has hired Ilex Lam as institutional sales director for the Asia Pacific region ex Japan.

EUROPE - The Fédération Européenes des Fonds et Sociétés d'Investissement (FEFSI) and the European Fund Categorisation Forum (EFCF) have joined forces to push through a new pan-European investment fund classification scheme.

EUROPE - Mandates from the Dutch metal industry fund PME and the Swiss Caisse de Prevoyance du Canton de Geneve (CIA) have buoyed Credit Lyonnais Asset Management's (CLAM) launch of its SRI subsidiary, Integral Development Asset Management (IDEAM).

EUROZONE - Pension funds within the eurozone breathed a sigh of relief in July as the US dollar ceased to fall, slipping into the summer trend of sideways trading.

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.