Regions

EUROPE - Global hedge fund advisory firm LJH Global Investments and Attica Asset Management have issued a hedge index certificate aimed at European institutional investors.

UK/EUROPE - Technology-based equity trading services group ITG Europe has reported record quarterly revenues for 2002.

EUROPE - Mercer Investment Consulting has appointed Divyesh Hindocha as head of its Ireland and continental Europe practice.

EUROPE - Fund managers are optimistic about the prospects for Europe's 10 accession markets.

GLOBAL - Europe will experience the weakest economic recovery outside Japan in 2003, Isis Asset Management predicts.

UK/EUROPE - Goldman Sachs Asset Management has been appointed to run two equity accounts for Northern Trust Global Advisors, the multi-manager business of Northern Trust.

GLOBAL - A record 234 companies defaulted on US$178bn (£109bn) worth of corporate bonds worldwide last year, research by ratings agency Standard & Poor's shows.

EUROPE - European fixed interest funds produced median returns of between 3-3.9% in the 10 months up to the end of October, new figures show.

EUROPE - The Polish Chamber of Pension Funds (IGTE) joined the European Federation for Retirement Provision on 1 January 2003.

GLOBAL - Axa Investment Managers has issued a warning regarding the current situation in the Gulf and the imminent possibility of war.