Regions

GLOBAL - High yield returns were mixed in July, according to Invesco's July European High Yield report by Adam Cordery, head of European high yield.

SOUTH AFRICA - The merger between financial services groups Escher Group and m Cubed Capital Holdings has been given the green light by South Africa's Competition Commission.

THAILAND - The Government Pension Fund in Thailand has appointed veteran businessman Visit Tantisunthorn as its secretary-general.

Standard & Poor's has revised the outlook on its 'A+' long-term and its 'A-1' short-term counterparty credit ratings on Commerzbank, parent of Jupiter Asset Management, to negative from stable.

The UK's National Association of Pension Funds (NAPF) has backed a report by a left-wing think tank which asserts that government pensions policy is unravelling.

Former investment banker and minority shareholder spokesman, David Webb, has launched the Hong Kong Association of Minority Shareholders (HAMS) to address the issue of corporate governance.

The overall size of the managed accounts industry, as tracked by Cerulli Associates, reached $727.8bn in assets by second quarter, 2001.

The King Committee on Corporate Governance of South Africa, steered by Mervyn King, has released an updated Code of Corporate Practice.

Quebec's giant Caisse de depot et placement has refuted a report claiming that chief executive Jean-Claude Scraire is to leave the Canadian pension fund manager.

US-based independent investment firm Mazama Capital Management has appointed Thomas Norby as an equity trader in the firm's small and small/mid cap team.