Global

GLOBAL - Barclays Global Investors is warning schemes that global recovery is set to be hit by rising unemployment in the US.

GLOBAL - Goldman Sachs Asset Management's net revenues fell 20% to US$1.3bn in the first half of this year.

GLOBAL - Fund managers have hit back at claims that equity investment has "crushed" the retirement dreams of an entire generation.

GLOBAL - International pension funds which invested in the US and were impacted negatively by the ‘weak US dollar policy' may find the dwindling returns more to do with China and less to do with Japan, say leading experts.

GLOBAL- A hedge fund index - aimed at institutional asset managers, fund-of-fund companies and broker dealers - is being launched by MSCI and Lyxor Asset Management.

GLOBAL - Investment professionals are increasingly leaving the financial sector for pastures new as firms restructure and salary levels drop.

Deutscher Investment Trust new funds

GLOBAL - The US dollar will continue to decline over the medium-term after markets weather a short period of volatility, a leading fund manager claims.

GLOBAL - State Street Corporation has been appointed to provide investment services to Scudder Investments assets worth US$135bn.

Banks opt for iTrading system