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SWITZERLAND - The performance of Swiss public pension funds is not high partly due to restrictive investment regulations and the generally conservative investment practises of Swiss firms, according to new research.

GERMANY - Giant German insurer Allianz has expanded its commitment to private equity with the launch of a new corporate venture capital company.

GERMANY - Provisional figures from Commerzbank indicate a massive EUR1.25bn slide in net profit for 2001.

GERMANY - Deutsche Bank has finalised its new management structure which places Josef Ackermann firmly at the helm. But the overhaul is not without its critics.

SWITZERLAND - Fund managers could only post a -6.8% median return in research firm InterSec's survey of Swiss balanced funds in 2001.

SWITZERLAND - Geneva-based Swiss social security fund (AHV) is to consider a move into hedge funds or private equity later this year as part of its initial consideration of alternative investments.

GERMANY - Munich Re has successfully completed transactions it announced last year with Allianz and has increased its holding in Commerzbank to 10.4%. As a result of transactions announced in April 2001 Munich Re now holds 25.7% of the share capital and...

GERMANY - Institutional investors remain upbeat about the state of the Germany economy, according to a German research centre.

SWITZERLAND - Swiss retailer Manor AG has hired Barclays Global Investors (BGI) to run an unspecified amount in passive equities.

GERMANY - Pension liabilities are still weighing on the ThyssenKrupp balance sheet, despite the firm's impressive EUR1.3bn cut in its net debt last year.