Regions

GLOBAL - Recent rallies in global equity markets did not dampen investor enthusiasm for emerging market bonds, according to new data from EmergingPortfolio.com Fund Research (EPFR).

EUROPE - Norway's e77bn Petroleum fund has hired five US mortgage-backed bond managers in its first foray into the asset class.

GLOBAL - GMO has opened a new office in Zurich, Switzerland and announced the incorporation of GMO in Singapore.

EUROPE - The property fund management joint venture between Henderson Global Investors and M.M. Warburg, Warburg-Henderson KAG, has announced the launch of its third fund, Pan-Europa Fonds Nr.1.

GLOBAL - Morley Fund Management has been appointed to run a US$1.7bn mandate by Aviva Life Insurance Company.

EUROPE - Carlo Eräkallio has been appointed managing director of Mandatum Asset Management, the investment division of financial services group, Sampo effective.

GLOBAL - Brown Brothers Harriman has been hired as custodian for Janus International's Janus World Funds, Janus Selection Funds and Janus PPF (Cayman).

EUROPE - Fortis Investment Management, the asset manager of Fortis, has opened an office in Luxembourg.

GLOBAL - A handful of surveys of investor confidence published recently draw a generally similar conclusion - things are not getting any better any faster.

EUROPE - EIM Group, a well-known player in the hedge fund-of-funds industry, is opening two new offices in Paris and Monaco.