Regions

EUROPE - EURO-VL took over the mutual back office activities of Etoile Gestion, an asset management company owned by Crédit du Nord, on 1 October after carrying out an identical operation with SG Asset Management on 1 July.

GLOBAL - InvestHedge has launched a suite of products for the global funds of hedge funds community.

EUROPE - The European Central Bank needs to cut interest rates to help European equity markets recover, Standard Life Investments says.

GLOBAL - JPMorgan Investor Services has launched a new compliance service for its custody clients.

GLOBAL - Equity investments will continue to suffer in 2003 because of October's market gains, Henderson Global Investors forecasts.

GLOBAL - State Street-owned Princeton Financial Systems has introduced an unlimited multi-base accounting tool as part of its existing PAM portfolio management and accounting system.

GLOBAL - WestAM has entered the institutional hedge fund market.

ASIA/PACIFIC - It is only relatively recently that social security reform has emerged as an important public policy concern in many countries in Asia and the Pacific, according to Professor Mukul Asher of the National University of Singapore in a new...

EU - European countries could face debts more than double their domestic product if they do not tackle pension liabilities, market information provider Key Note warns.

EUROPE - Europe's £3.5trn mutual fund industry will expand at a compound annual growth rate (CAGR) of about 14% per annum between year-end 2002 and 2006, outpacing the global expansion rate of 10% and the US CAGR of 9%, according to new research by Cerulli...