Regions

THE NETHERLANDS - Dutch pension fund for health and social workers, PGGM, will consider later this year whether to outsource EUR250m of assets, currently handled by NIB Capital Asset Management (NIB).

UK/EUROPE - Russell/Mellon CAPS has hired Richard Jobling to the newly-created post of head of sales, marketing and relationship management for UK and Europe.

THE NETHERLANDS - Goldman Sachs Asset Management has bagged a Dutch fudiciary mandate.

EUROPE - An unexpectedly sharp rise in the price of oil could have implications for investment decisions, according to CDC IXIS Asset Management's latest published market analysis.

EUROPE/UK - A high level source at a top international law firm has lashed out at the European Union for protecting a "hidden agenda" against the UK fund management industry.

GERMANY/GLOBAL - Deutsche Bank has hinted it could be looking to sell its global custody and passive asset management businesses.

THE NETHERLANDS/GLOBAL - Dutch financial service group, ABN AMRO, lifted market expectations with its first quarter results despite a 42% slump in net profits.

THE NETHERLANDS - Six Dutch pension funds which merged their operations may be looking to change their investment management structure over the coming months.

THE NETHERLANDS - The second largest Dutch pension fund, PGGM, and Dutch CGNU subsidiary, Delta Lloyd, have axed plans to set up a joint venture insurance firm

EUROPE - Expenditure on pensions accounted for 12.7% of the EU's GDP in 1999, according to the latest Eurostat figures.