Regions

UK/EU - Regulatory conflicts between the EU and the UK over pension funding requirements are being overstated, law firm Denton Wilde Sapte claims.

GLOBAL - Shareholder value in pharmaceuticals is under threat if companies do not confront the health crisis in developing nations. Some 11 leading institutional investors across Europe, representing about £600bn in assets, have issued a statement to...

EUROPE - Multi-manager SEI Investments has named Karl Dasher as managing director, Continental Europe.

GLOBAL - Goldman Sachs Asset Management achieved record quarterly net revenues of US$455m during the first quarter ending February 2003.

GLOBAL - Asia specialist Atlantis Investment Management has tapped institutional appetite for China by raising US$18m (E17m) for its regional fund.

GLOBAL - Two major custodian banks have been granted licenses to operate in China's lucrative A-share market, marking a significant opening for foreign investors.

GLOBAL - Some 40% of funds worldwide secured incentive-based fees in 2002 despite the downturn in global markets.

GLOBAL - Investors continue to be bearish on both bonds, long-term interest rates and the global economy for the second consecutive month.

GLOBAL - Market uncertainty hit hedge fund investment once again as funds posted only modest gains in February, according to the latest figures from Credit Suisse First Boston/Tremont.

UK/EUROPE - Fund managers have attacked ratings agencies over the downgrading of companies with pension fund deficits, which they claim has caused bond market volatility.