News

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.

UK - Citi has appointment Satvinder Singh as head of direct custody and clearing and intermediaries in EMEA.

CREDIT SUISSE has reported a 30pc fall in income from its asset management division in 2007.

UK - BNY Convergex Group has opened a broker dealer in the UK to serve institutional investment clients in Europe.

UK- The aggregate funding position of defined benefit (DB) funds in the UK worsened for the third consecutive month in January, the Pension Protection Fund has estimated.

Shock inflation rise hits hopes of early rate cut; New Resolution delay; Hargreaves Lansdown predicts ISA slowdown; Credit Suisse reports record profits

NETHERLANDS - Life insurance company De Eendragt Pensioen NV has awarded Lehman Brothers a mandate worth up to €100m (US$145m).

MIDAS CAPITAL is set to merge with iimia MitonOptimal and list on the London Stock Exchange.