Global

GLOBAL - The world's largest custodian bank, Bank of New York (BoNY), has launched PrivateAnalyst, a monitoring service for private equity, venture capital, and real estate investments.

GLOBAL - Company audits are being compromised by global financial services firms which offer a wide range of services, the UK's National Association of Pension Funds claims.

UK/GLOBAL - Tillinghast-Towers Perrin has joined forces with Australian-based Classic Solutions to provide financial modelling software.

GLOBAL - Brown Brothers Harriman (BBH) has launched a new Web-based product giving institutions real-time corporate information that could impact on their portfolios.

GLOBAL - Man Group (Man), the world's largest investment manager by assets, boasted quarter-on-quarter growth in funds under management.

GLOBAL - Confidence in the US equity market is at an all-time low, Threadneedle Investments claims.

GLOBAL - Baring Asset Management has linked-up with private equity firm Coller Capital to launch its first private equity secondaries fund, targeting high net worth individuals and small-sized institutions in the UK, Switzerland, and the Far East.

GLOBAL - Barclays Global Investors has denied claims that its decision to drop plans to outsource its back-office administration was influenced because of a possible takeover.

GLOBAL - Global Investment Advisors - the London based global bonds and alternatives specialists - has launched a new fund in a tie-up with the CSFB-Tremont Hedge Fund Index.

GLOBAL - Investors should be wary of ‘style-investing' which can make higher returns look easy, according to new research by Merrill Lynch Investment Managers (MLIM).