Regions

GLOBAL - A new report is urging pension schemes to place increasing emphasis on the financial security of fund managers worldwide.

Invesco moves to in-house DC admin

EUROPE - NeoNet, an international agency broker providing electronic equity execution services for the institutional investor industry, has announced Kari Lotsberg and Torkel Segerstedt are nominated members of its board of directors.

GLOBAL - One issue that emerged out of the ashes of the Enron collapse was that the level of own-company stock in America's 401(k) plans was dangerously high...

GLOBAL - Chris Cheetham has been appointed global CIO of HSBC Asset Management.

LONDON - Hewitt Bacon & Woodrow has won a pensions delivery benefits- and investment consulting mandate for the UK division of international branded goods company, Beiersdorf.

EUROPE/UK - European Union vice-president Neil Kinnock will get an enhanced pension - but only if he stands down before next May.

GLOBAL - Equities produced a return of nearly 9% during April, outperforming hedge funds and fixed income, figures from global indices provider MSCI show.

EUROPE - There is limited justification for capital requirements on investment fund management, according to a study published by the Fédération Européenne des Fonds et Sociétés d'Investissement (FEFSI).

GLOBAL - Hewitt Associates and Northern Trust Corporation have executed a letter of intent for Hewitt to acquire all of the assets of Northern Trust Retirement Consulting (NTRC).