Regions

Friends Ivory & Sime's (FIS) private equity division has appointed Fiona Dane as its new assistant director of fund management.

For the first time the UK's National Association of Pension Funds (NAPF) has issued a document offering advice on socially responsible investment (SRI).

The hedge fund industry will see more increases in capital allocations from corporate pension plans in Europe than those arising from endowments, foundations and insurance funds, according to Goldman Sachs' Hedge Fund Investor Survey.

Two more senior executives have quit Merrill Lynch Investment Managers (MLIM).

Global consultant William M Mercer has expanded into Central and Eastern Europe by establishing offices in the Czech Republic and Turkey.

Investors added $6.9bn of assets to hedge funds during the first quarter of 2001, representing the largest quarterly flow since the first quarter of 1998, according to a TASS Research report.

The number of cross border joint ventures between British and American fund managers with their counterparts around the world is down 50% from last year, according to the latest research from Cerulli Associates.

American investors who claim that they want control of their pension plan investments to secure their retirement do not know what they are doing, according to Putnam Investments.

North Carolina's state employee's have failed in their legal attempt to stop the state's Governor Mike Easley from using $151m of state pension fund contributions to partially plug an $850m gap in the state's budget.

Tim Callaghan has left Morley Fund Management to join Gartmore Investment Management.