Regions

GLOBAL - Pimco has boosted its global credit team with two new hires.

ASIA - FTSE Group has appointed a sales manager for FTSE Asia Pacific as part of its ongoing strategy to expand its business activities in the region.

ROMANIA - A draft bill to introduce mandatory occupational pensions in Romania is to be introduced in parliament shortly.

EUROPE - Europe's ageing population will reduce the growth in EU GDP per capita by 0.4% on an annual average basis between 2000 and 2050, according to a new report from the European Commission.

EUROPE - Pension fund investment in the European private equity market plummeted by 58% in 2002.

GLOBAL - Governments are increasingly finding themselves confronted by the impossibility of cutting social security debt associated with unviable PAYG pension systems, said Guillermo Arthur Errázuriz, president of the International Federation for Pension...

GLOBAL - Coller Capital, the global private equity secondaries investment manager, has recruited Erwin Roex as investment director.

EUROPE - Schemes can still expect their European equity portfolios to outperform despite fears over the German economy, fund managers claim.

EUROPE - Companies that look to avoid good shareholder rights by relocating to countries with lax corporate governance standards risk higher costs of capital and ultimately shareholder value.

EUROPE - Jones Lang Lasalle, the property specialist, believes that investors are missing out on potentially lucrative returns from key urban markets worldwide, among which are several European cities.