Global

GLOBAL - Equity markets across the globe posted gains in the third quarter of 2005, according to Mercer Investment Consulting's Defined Contribution Universe Summary.

GLOBAL - Most multinationals lack the desired control over their retirement benefits, according to a Hewitt Associates survey.

GLOBAL - JPMorgan Asset Management (JPMAM) has restructured its emerging markets equity team with the addition of an enlarged global group responsible for both active and structured strategies.

GLOBAL - The asset management industry lacks recognised reporting standards with discrepancies in performance and risk indicators making it difficult for institutional investors to compare like with like, Fitch Ratings argues.

GLOBAL - FTSE Group and Global Wealth Allocation today launched a new series of wealth weighted indices which represent a significant shift away from the tradition of providing equity indexing based on market capitalisation.

GLOBAL - ABN AMRO has appointed Sarah Russell to head up its global asset management group.

GLOBAL - Mercer Human Resource Consulting has broken up its international consulting team led by Giles Archibald.

GLOBAL - Energy and transport engineering firm ALSTOM has appointed Hewitt Associates as a global actuary and pension strategy consultant.

GLOBAL - ABP, USS and a host of other US and Australian pension funds are suing News Corporation for extending defences to hostile takeovers without shareholder approval.

GLOBAL - Unless policies for older workers change, GDP growth per capita in its members' areas could shrink to 1.7% per year over the next three decades, 30% below the average annual rates between 1970 and 2000, the Organisation for Economic Co-operation...