Regions

EUROPE - Jan De Bolle joined Fortis Bank's global custody management as account manager on 1 December 2002.

GLOBAL- JPMorgan Fleming's institutional liquidity funds have broken through the US$30bn mark.

UK/EC - The European Commission has praised the UK for having one of the best funded pensions system in Europe.

GLOBAL - Corporate bond yields will rise once tension over conflict in Iraq eases, Axa Investment Managers believes.

EUROPE - Former managing director of Russell/Mellon CAPS Europe Mick Brant takes over as chief executive officer of the company following the relocation of Fred Settelmeyer to the US.

GLOBAL - Fund managers remain seriously divided over the prospect for equities this year.

EUROPE - UBS Global Asset Management has launched a new institutional share class on its ‘Fresco Bees' range of exchange traded funds.

UK/EU - Steel workers' union ISTC is ready to launch a landmark case against the government.

GLOBAL - The latest issue of the Summit Group's Journal of Securities Operations is now available.

UK/EUROPE - British MEPs have urged the European parliament to block amendments to its pensions directive as they would impose undue costs on UK pension funds.