Global

THE NETHERLANDS - Robeco's Rolinco fund has switched to a growth-oriented benchmark, the Salomon Smith Barney GrowthPMI Total Return Index.

GLOBAL - A new survey is predicting a "very robust" rise in the use of hedge funds and private equity.

GLOBAL - Brown Brothers Harriman (BBH) Foreign Exchange has launched the next generation FX WorldView, an upgraded web-based currency execution system.

UK - Private equity specialist Coller Capital has closed its International Partners IV fund at US$2.5bn (£1.6bn) - well above its initial US$1bn target for the fund.

GLOBAL - A new survey shows that pension funds worldwide are shunning domestic stocks.

GLOBAL - Property investment managers Jones Lang LaSalle has seen net investment income decline by US$1.8m (£1.15m) over the last quarter.

EUROPE - An influx of central European countries into the EU will depress the region's strong emerging market performance, fund managers fear.

GLOBAL - Equity returns in the MSCI World Index were -11.1% last month taking their year-to-date performance to -26.4%.

GLOBAL - State Street Corporation has sealed a US$1.5bn deal to acquire substantial parts of Deutsche Bank's global securities services business (GSS).

GLOBAL- The first live debate on currency risk and currency management will be held in London next month as part of the Currency Overlay Forum 2002.