Regions

CHINA/ NETHERLANDS/BELGIUM - Haitong Securities, one of the largest securities companies in China, and Fortis Investment Management (FIM) have received a licence from the China Securities Regulatory Commission to set up a joint venture, Fortis Haitong...

GLOBAL - Liberty Ermitage has unveiled a new multi-strategy hedge fund of funds designed to weather turbulent market conditions.

GLOBAL - After a decades-long shift toward early retirements, many OECD (Organisation for Economic Cooperation and Development) countries are now trying to reverse the trend.

GLOBAL - RBC Global Services, Institutional & Investor Services has been selected as sole custodian for the entire US$21bn Canadian investment portfolio of Sun Life Assurance Company of Canada, the largest life insurance company in Canada, and a member...

GLOBAL - International mutual fund managers will draw significant new investments from Latin American institutional investors over the next five years, thus compensating for continued weakness in the increasingly competitive private investor segment,...

GLOBAL - Bank of Bermuda has approved the plan to outsource the bank's IT applications, infrastructure and capital projects management.

GLOBAL - The industry debate regarding the importance of countries and sectors has taken a step forward with leading industry players in the US predicting that US pension funds will move to a global approach within five years.

EUROPE - ITG Europe, the technology-based equity trading services group, has named Frances Smyth to the newly created post of director of research sales.

UK/EUROPE - Company pension costs could double if a union successfully sues the government for failing to protect members' pensions rights, HighamNobbs Consulting warns.

EUROPE - Frank Russell Company has opened an office in Madrid, Spain as part of its European growth strategy.