News

NETHERLANDS - ING is to scale back its activities and return to core functions as it combines it global investment management businesses and prepares to shed assets worth up to €8bn (US$10bn).

UK- BNY Mellon has released its BNY Mellon Global Strategic Bond Fund, a global multi-sector fixed income fund targeted to UK investors designed to capture alpha opportunities from across the global fixed income markets.

Giovanni Legorano looks at how investors are retooling their core-satellite approach in the wake of financial meltdown

GLOBAL/UK- Schemes with sponsors domiciled outside the European Economic Area (EEA) are at risk of being denied Pension Protection Fund coverage despite paying the levy, a consultant warns.

NETHERLANDS- The Pensioenfonds Horeco & Catering (PH&C), the occupational pension fund for the Dutch hospitality and catering industry, has hired RCM to manage a European small-cap equity mandate, a maiden investment for the fund.

UK/US- Barclays announced today the sale of its iShares ETF business for US$4.4bn to private equity firm CVC Capital Partners.

Following the volatility in currency markets, investors have returned to hedging and are looking at ways of reducing risk, as Raquel Pichardo-Allison reports

Sebastian Cheek investigates the routes that investors are taking as they search for new ways to reduce liabilities in a volatile market

GLOBAL- Mergers and acquisition activity has slowed in 2009, despite banks and insurers shedding their asset management units to raise cash, a study by Jefferies Putnam Lovell reveals.

SLOVAKIA - Over 11,000 workers left private pension schemes and opted to return to the state system last year as unease over the global financial crisis grew.