Global

GLOBAL - Global equities returned over 7% in October outperforming both fixed income and hedge funds, figures by global indices provider MSCI show.

GLOBAL - During a time of fluctuating markets and when returns are all, Gartmore's James Binny asks whether pension funds can really afford to ignore currency risk any longer?

GLOBAL - Hermes Investment Management is the principal fund manager for the BT Pension Scheme, the UK's largest scheme and also manages portfolios for the Post Office Pension Plan and a number of other major corporate and public pension schemes.

GLOBAL- Plunges in global capital markets during the third quarter dragged down pension funding levels even further.

GLOBAL - A new Fitch Ratings special report that ranks countries by their vulnerability to financial contagion says Latin American sovereigns are among the most vulnerable.

GLOBAL - CitiStreet, the global benefits outsourcing provider jointly owned by Citigroup and State Street, has selected ILOG's business rule management software, ILOG JRules, to augment its benefits plan administration platform.

GLOBAL - The Goldman Sachs Group reported net earnings of US$522m for its fiscal third quarter ended 30 August 2002.

GLOBAL - AXA Investment Managers is transferring £3.5bn of global and European equity mandates from its UK clients to its sister firm, Axa Rosenberg.

GLOBAL - Alternative fund flows were significantly boosted in the third quarter by interest from institutional investors seeking shelter from low yielding traditional markets.

GLOBAL - Freezing money of terrorist organisations has failed worldwide. But, Rob ten Wolde, managing director, staff managerial advice, of independent administrator AZL in Heerlen asks whether should the search continue.