Global

GLOBAL - Emerging markets equity is the most expensive regional asset class, according to a new global study of institutional asset management fees.

GLOBAL - Emerging markets are the top destination for equity flows, according to the latest research from State Street.

GLOBAL - Ohio Public Employees Retirement System (OPERS), Dutch pension fund ABP and the UK's Universities Superannuation Scheme (USS) have today published a report calling on investors and companies to adapt to ensure the pharmaceutical sector remains...

GLOBAL - Rising oil prices are exacerbating pension funding deficits at multinational pension plans, with benchmark plans in all the world's leading economies experiencing a fall in their funded status in the third quarter of 2004 - except for Australia...

GLOBAL - Baring Asset Management has been split and sold to two US companies for an estimated £300m.

GLOBAL - Global real estate adviser Jones Lang LaSalle has appointed Christine Bartlett as Australian chief executive officer.

GLOBAL - Most industrialised nations - in particular Italy, Germany and Japan - feel they are not well prepared to deal with the potential implications of global ageing, an international opinion poll has found.

GLOBAL - State Street Global Advisors (SSgA) has launched a new investment strategy targeted at institutional investors offering "more efficient" exposure to the large-cap Australian equities market.

GLOBAL - Real estate adviser Jones Lang LaSalle has appointed Sheila A. Penrose as global chair, effective January 1,2005.

UK - The £195.1m Independent Television News Ltd (ITN) Pension Scheme has dropped incumbent investment consultant Watson Wyatt for Aon Consulting, representing the firm's second mandate loss to Aon in recent months.