Regions

UK/EUROPE - Axa's investment management divisions have seen revenues and assets under management fall because of plunging markets.

GLOBAL - Managed futures funds outshone all other style-based sectors in January.

GLOBAL - Pension funds are still showing signs of "irrational optimism" about the prospects for share prices, the London Business School warns.

EUROPE - European private equity fundraising recorded a substantial fall in activity levels across all segments of the market in 2002.

UK - A leading consultant has warned Threadneedle Investments that derogatory remarks by its chief executive about investors could have an adverse impact upon its business.

EUROPE - SEI Investments has expanded its European investment team.

GLOBAL - European markets are still attractively priced despite the strength of the euro and the pace of downgrades, according to the latest projection from Barclays Global Investors.

EUROPE - European insurers face a year of pressure on their solvency margins, Fitch Ratings predicts.

GLOBAL - Real estate returns across all world markets stayed in positive territory in 2002 as investors sought refuge from battered stock markets.

ISRAEL - Asset manager GAIM Paragon has appointed Jonathan Dollberg as chairman to its Israel office.