Regions

EUROPE/UK - HSBC has appointed Ferruccio Ferrara as European head of FX derivative marketing.

EUROPE - Walter Kielholz is to take the helm at Credit Suisse Group (CSG) after the firm ousted chairman and chief executive Lukas Mühlemann following a catalogue of costly errors.

GLOBAL - Economic growth is vital in ensuring the future well-being of the elderly not simple policy changes.

EUROPE - The European Asset Management Association and the Fédération des Fonds et Sociétés d'Investissement are considering joining forces to lobby more effectively.

EUROPE - Eudald Canadell has been appointed managing director of Standard & Poor's Index Services Europe, based at a new office in Paris.

CHINA/EUROPE - Foreign players grappling for a share of China's emerging fund management market are unlikely to see profits until 2011 at the earliest because of the substantial costs involved, according to research and consulting firm Cerulli Associates....

EUROPE/US - US value managers Boston Partners Asset Management is to offer its products to institutional investors outside the US in the near future, following a deal with Rotterdam-headquartered Robeco.

UK/EUROPE - Deutsche Asset Management has made former Rothschild Asset Management chief executive Paul Manduca head of its European operations.

GLOBAL - Grantham, Mayo, Van Otterloo & Co, the US-based investment manager, its London-based subsidiary GMO Woolley, and its affiliate offices based in San Francisco and Sydney, are to collectively adopt the name GMO.

GLOBAL - UBS Group has topped the annual worldwide global money manager's survey, compiled in conjunction with Watson Wyatt.