Global

GLOBAL - Global investment bank Lehman Brothers has announced plans to launch a new series of hedge fund indices.

GLOBAL - Jones Lang LaSalle Incorporated has appointed Lauralee Martin, the firm's chief financial officer (CFO) since 2002, to the additional position of chief operating officer (COO).

GLOBAL - Jones Lang LaSalle Incorporated has appointed Lauralee Martin, the firm's chief financial officer (CFO) since 2002, to the additional position of chief operating officer (COO).

GLOBAL - Institutional pension fund asset growth was outpaced by growth in liabilities in 2004, according to a global asset study by Watson Wyatt.

GLOBAL - Citigroup Asset Management (CAM) has appointed Ahmed Talhaoui as head of fixed income quantitative portfolio management and convertible bond management for Europe, Middle East and Africa (EMEA).

GLOBAL - BNP Paribas is to split its global fixed income business in two in an effort to adopt a more "integrated" approach to risk-taking across asset classes and capture more trading opportunities.

GLOBAL - EDS and Towers Perrin are to launch a new HR outsourcing business to reach more than 400 organisations and 33m employees worldwide.

GLOBAL - Watson Wyatt will merge its principal subsidiary in the US with its UK-based alliance partner to form a global organisation with combined revenues of approximately US$1.1bn.

GLOBAL - Hedge funds are moving out of the realm of the ‘alternative' asset class and into the mainstream, according to the latest report by Greenwich Associates.

GLOBAL - Mercer Human Resources Consulting has hived off its fund of managers business into a separate division called Mercer Global Investments in a bid to "manage" potential conflicts of interest.