Global

THE NETHERLANDS - PGGM, the E47bn Dutch pension fund for health care and social workers, has regrouped a number of its investment activities.

GLOBAL - Fears the US economy will plunge into a decade-long recession similar to Japan have been dismissed by fund managers.

GLOBAL - ING Investment Management (IIM) is reorganising along regional lines in the Americas, Asia/Pacific and Europe.

US/GLOBAL - MSCI has created a range of US equity indices that will allow investment by capitalisation size, value/growth investment styles and sector groups.

GLOBAL - Significant outperformance from Japanese equities looks set to continue despite concerns over structural and financial system problems, according to Schroder Investment Management.

Arne Genschou has been appointed to lead Watson Wyatt's Stockholm office, the international consulting firm's base in the Nordic region.

The Australian Securities and Investments Commission (ASIC) and the New Zealand Securities Commission (NZSC) have reaffirmed their intention to move towards a single economic market following a meeting in Sydney.

GLOBAL - Henderson Global Investors' SRI team is hoping to promote discussion of human rights and climate change at the World Summit on Sustainable Development in Johannesburg next month.

GLOBAL - Investors added a net US$4.57bn to hedge funds in the second quarter as they pulled out mutual funds, according to Tremont's TASS Research.

GLOBAL - Bonds outperformed hedge funds over the last year, according to figures released by global benchmark provider MSCI.