Regions

GLOBAL - Dutch giant ABN Amro saw net profit stoop around 24% in 2001 following what was described as a "demanding" year.

EUROPE - The European Private Equity and Venture Capital Association (EVCA) has sent a paper to the European Union calling for a 7.5% maximum limit for pension funds looking to invest in private equity and venture capital.

EUROPE - The European Union is to step up efforts to fully integrate member states financial markets, claiming that it would act as a catalyst for economic growth.

NORDIC - Mercer Investment Consulting has appointed Skandia fund manager Hanne Hother as a senior investment consultant.

EUROPE - Liberty Ermitage and Finaltis have today announced the launch of the Japan Absolute Fund, a Luxembourg SICAV, seeded with capital from both Groups and to be listed on the Luxembourg Stock Exchange.

GLOBAL - Investment managers widely considered the best in servicing their clients have much in common, finds a new study by Mercer Manager Advisory Services.

UK/EUROPE - Barclays Global Investors (BGI) has appointed Jagdeep Bains as head of transition portfolio management.

UK/EUROPE - The UK's Engineering Employers Federation (EEF) is considering speaking out against the European pensions directive.

UK/EUROPE - Leading UK pension lawyers believe a legal block can be placed against European Union proposals to place limits on risky investments.

GLOBAL - The Investor Responsibility Research Center (IRRC) and Conflict Securities Advisory Group (CSAG) yesterday released a new research tool that will allow investors to screen companies for their ties to terrorist-sponsoring countries or their links...