GLOBAL - Axa Investment Managers has received compliance with Global Investment Performance Standards (GIPS) and the Association for Investment Management and Research - Performance Presentation Standards (AIMR-PPS).
EUROPE - Across the European continent, institutional investors are using more external management expertise. This is a key finding of a recent study by US consulting firm Greenwich Associates, based on interviews with nearly 300 large funds and other...
SOUTH AFRICA - The R220bn (US$23.9bn) Government Employees Pension Fund (GEPF) is currently reviewing its investment strategy and may put more mandates out to tender.
GLOBAL - Credit Suisse Group (CSG) is expected to report a loss of around CHF 300m when the Swiss financial giant announces its Q3 results next month.
GLOBAL - JP Morgan Fleming Asset Management (JPMFAM) is to unveil its Global Cash Portal (GCP) - an internet-based platform that enables the firm's global institutional treasury clients to access their cash management products.
GLOBAL - High priority must be placed on the development of Asia's institutional investor base in its overall financial sector strategy and operational support for the region, according to the OECD's latest Financial Market Trends publication (No. 80)....
EUROPE - Hedge fund manager Deco Capital has launched the Boadicea Fund - the first fund of its kind with an all female management team.
GLOBAL - Merrill Lynch has announced several top management changes in conjunction with its expanded private equity business.
GLOBAL - Niche styles of investment, such as the multi-manager approach, are becoming more mainstream, attracting significant assets, according to US consultants Cerulli Associates.
EUROPE - Multi-manager CCF-SEI has appointed Jean-Louis Azoulay as chief strategist.