Regions

EUROPE - Pension funds and other institutional investors slowed down the pace of their private equity investment in 2002.

EUROPE - Marc van Weede has been appointed as head of the group business development department at Dutch insurance giant Aegon.

GLOBAL - Barclays Global Investors is warning schemes that global recovery is set to be hit by rising unemployment in the US.

EUROPE - Julius Baer has launched a new bond fund under Luxembourg law - Euro Corporate Bond Fund - which invests in euro-denominated bonds issued by internationally active companies.

GLOBAL - Goldman Sachs Asset Management's net revenues fell 20% to US$1.3bn in the first half of this year.

GLOBAL - Fund managers have hit back at claims that equity investment has "crushed" the retirement dreams of an entire generation.

GLOBAL - International pension funds which invested in the US and were impacted negatively by the ‘weak US dollar policy' may find the dwindling returns more to do with China and less to do with Japan, say leading experts.

GLOBAL- A hedge fund index - aimed at institutional asset managers, fund-of-fund companies and broker dealers - is being launched by MSCI and Lyxor Asset Management.

GLOBAL - Investment professionals are increasingly leaving the financial sector for pastures new as firms restructure and salary levels drop.

EUROPE - European pension funds are increasingly turning to alternative investments to avoid losses on traditional equity markets, a new survey from JPMorgan Fleming Asset Management reveals.