Regions

GLOBAL - Commerzbank, the embattled German financial services firm, is taking drastic action in light of what it calls "last year's unacceptable results", action that includes a dramatic retreat from most asset management regions.

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

GLOBAL - The Managed Funds Association (MFA) has released a preliminary guidance for hedge funds and hedge fund managers on developing anti money-laundering programs.

GLOBAL - Investment in Asia is looking more and more favourable with various factors, including low interest rates and improving standards of corporate governance and shareholder value, making for a positive outlook well into 2002, according to Baring...

UK - The £13bn Barclays Bank UK Retirement Fund has appointed five firms to private equity.

GLOBAL - State Street global Advisors (SSgA) says that although Treasury Inflation Protected Securities (TIPS) are perceived as boring "if something seems deadly uninteresting, you often want to buy it. If everyone is talking about a type of investment,...

EUROPE - Watson Wyatt is preparing its second European Human Capital Index this spring and is inviting leading organisations in the UK and across the rest of Europe to participate in the study.

GLOBAL - Consultant William M Mercer is being rebranded as Mercer Human Resource Consulting, a move it claims better reflects its range of services.

EUROPE - Commerzbank Securities (ComSec) yesterday issued a special market briefing report which considers pension reforms in Europe.

GLOBAL - Deutsche Bank has completed the $2.5bn acquisition of Zurich Scudder Investments (ZSI), the asset management division of Zurich Financial Services (ZFS).