News

FRANCE - Government endowments helped the Fonds de Réserve pour les Retraites' (FRR) assets rise by €3.3bn (US$4.8bn), despite its investments only producing a 4.8% return net of fees.

These are unsettling times for trustees. With concern about bank sector exposure to sub-prime mortgag...

US - The Securities and Exchange Commission (SEC) would require investment companies to disclose when they divest from companies that have links to Sudan, under proposals released for consultation today.

Baring Asset Management is expanding its range of multi-strategy hedge funds with the launch of an Asia fund.

Families are facing above-inflation price rises in childcare bills for the seventh year running, Daycare Trust research reveals.

NETHERLANDS - Investment consultant Compendeon BV has announced a major restructure of its management team, following the resignation of chief executive Lou ten Cate.

Nearly two-thirds of privately-owned vehicles driven on company business were not safe to be on the road, a survey by Total Motion reveals.

UK hotel transactions accounted for 33pc of all European deals last year, Jones Lang LaSalle Hotels says.

INDIA - Mercer has opened an office in India to research local asset and portfolio management service firms dealing with listed equities.

FRANCE - Pioneer Investments has appointed Fabien Madar as general manager of its French operation.