Multi-manager

EUROPE/US - BNP Paribas Asset Management is to acquire Boston-based wealth manager, FundQuest in a bid to increase its footprint in the global funds market.

BELGIUM - Vanguard Investments Europe has launched a new inflation-linked bond index fund on the back of increased demand from pension funds on the Continent for passive investment solutions.

FRANCE - BNP Paribas Asset Management has appointed Gilles Glicenstein head of asset management and chairman of BNP PAM SAS, the firm's main asset management arm, effective June 1.

US - BNP Paribas Asset Management has appointed Pierre Lapomme as CEO of its US business as part of its drive to increase its presence in the US markets.

FRANCE - AXA Investment Managers (AXA IM) and BNP Paribas Asset Management have pooled forces to develop a new range of ETFs to be sold under the EasyETF brand.

UK - Multi-manager Investment Solutions Limited, part of the Alexander Forbes Group, has announced plans to launch into the investment fund market in the second quarter of 2005.

UK - Multi-manager Investment Solutions Limited, part of the Alexander Forbes Group, has announced plans to launch into the investment fund market in the second quarter of 2005.

TURKEY - Emerging markets investment management specialist Charlemagne Capital has launched a fund that aims to tap into the economic and financial potential of Turkey.

POLAND - Morley Fund Management, the UK-based investment arm of Aviva, will launch the first hedge fund managed and invested in Poland in February with the aim of raising e120m.

FRANCE - BNP Paribas Asset Management (BNP PAM) and Fauchier Partners have merged their joint venture - BNP Paribas Fauchier Partners (BNP FP)- with Fauchier Partners to create a major fund of hedge funds business.