Global

GLOBAL - Allowing people to choose their own retirement fund is dangerous in a system where participants are not well informed, State Street Global Advisors group CIO Alan Brown argues.

GLOBAL - Professional services firm Deloitte & Touche LLP has launched a new pension pooling offering which it says overcomes tax hurdles which previously made pension pooling "impossible".

GLOBAL - Glasgow-based Britannic Asset Management has launched its first hedge fund - the US$20m Britannic World Markets Fund - in the Caribbean.

GLOBAL - FTSE Group and Institutional Shareholder Services (ISS) have set up an advisory committee to oversee the new corporate governance index series set for launch later this year.

Merrill Lynch Investment Managers (MLIM) have appointed Laurent Ducoin (pictured) to the European specialist equity team.

GLOBAL - JPMorgan has expanded its transition management business for Europe, the Middle East and Africa (EMEA) with the hire of former Barclays Global Investors index fund manager Heather Schreider.

GLOBAL - Mercer Human Resource Consulting's UK chair and CEO, David Barford, has announced his resignation.

GLOBAL - A coalition of Australian and international funds has warned it will not guarantee support for Rupert Murdoch's plan to move his News Corporation headquarters from Australia to the US.

UK/EUROPE - The positive factors that have driven Eastern European markets over the last two years will most likely remain and spur investment in the region in the future, says Credit Suisse Asset Management (CSAM).

UK/EUROPE - The positive factors that have driven Eastern European markets over the last two years will most likely remain and spur investment in the region in the future, says Credit Suisse Asset Management (CSAM).