Regions

GLOBAL - Trustees should treat their pension funds as businesses and should turn their members into corporate governors, according to managing director of Investment Solutions Steven Braudo.

EUROPE - In the interests of enhancing liquidity, Pricoa Property Investment Management has received approval from the 14 UK institutional investors in its pan-European property unit trust to restructure the E195m fund into an open-ended limited partnership....

THE NETHERLANDS - PGGM, the E51bn pension fund for Dutch healthcare and social workers, is committing US$200m to a new active inflation-linked bond brief.

EUROPE - Standard & Poor's has announced the retirement of Peter Jeffreys, 61, as managing director of Standard & Poor's Index Services Europe.

GLOBAL - Corporate credit rating downgrades have fallen substantially in emerging markets in the last three months, says Standard & Poor's.

GLOBAL - Despite the International Accounting Standards Board's (IASB) decision to review provisions of the international standard IAS19, no advance has been made as to whether it will incorporate FRS17 in its base.

GLOBAL - Daniel McCaw has become CEO and president of Mercer Human Resource Consulting.

EUROPE - Henderson Global Investors, part of AMP, has lost John Nestor to Citigroup Asset Management (CAM).

EUROPE - A lack of coordination among the European investment industry is seriously harming investor choice, according to a new study.

UK/EUROPE - Law firm Wragge & Co is holding a series of training seminars on pension issues.