Global

GLOBAL - MSCI Hedge Fund Composite Index increased by 0.1% in July - compared to 0.5% in June and 8.1% for the year to July 2003.

EUROPE - Retirement in post-communist countries is to become the focal point for a new seminar penned for October.

UKRAINE - Recently adopted pension reforms in the Ukraine will "significantly enhance" the retirement benefits of its citizens.

GLOBAL - Europe is still more attractive for investors than the US and Japan, despite a recent growth lag, according to the latest outlook from Pictet Asset Management.

GLOBAL - Hedge funds across all strategies rose by an average of just 0.08% in July amid tough conditions.

GLOBAL - Investors are being urged to take advantage of the Japanese equity market, which is being flooded with stocks following a "pension fund share sell-off".

GLOBAL - Schemes are being urged to take advantage of the Japanese equity market, which is being flooded with stocks following a "pension fund share sell-off".

GLOBAL - Goldman Sachs Asset Management managing director Bob Litterman has written a book which aims to explain modern investment theory to schemes and other investors.

GLOBAL - Car giant Ford is injecting $700m (£436m/e622m) into its overseas pension funds.

GLOBAL - Barclays Global Investors is targeting US$1bn of investor capital with two new global currency hedge funds.