Global

GLOBAL - Northern Trust has been forced to write off the US$4.8bn (£3.1bn) it invested in the Global Straight Through Processing Association.

GLOBAL - Global fund manager search activity is expected to surge by the end of the year.

GLOBAL - Mellon Global Investments has launched a global emerging markets value equities fund aimed at institutional investors.

GLOBAL - Pension funds should brace themselves for more poor returns next year, fund managers warn.

GLOBAL - Reuters-owned fund analysis firm Lipper has acquired Capital Access International.

GLOBAL - US-headquartered investment manager T. Rowe Price is confident that next year will ring in a gradual recovery for global markets.

UK/EMEA - JPMorgan Treasury Services has boosted its EMEA (Europe, Middle East and Africa) team with two new hires.

GLOBAL - Investors continue to pour capital into exchange traded funds.

GLOBAL - LaSalle Investment Management has completed fundraising for its Asia Recovery Fund.

GLOBAL - NeoNet, the international agency broker has been selected by management software provider Eze Castle Software to offer its clients trading access to European stock exchanges.