Global

GLOBAL - Global equity markets have declined after reaching a high for the year in March, Investec Asset Management says.

GLOBAL - Fund managers are struggling to keep US pension funds' investment in Europe at its current level, according to State Street Global Advisors.

GLOBAL - Passive investing is damaging returns and causing greater market volatility for longer-term investors, according to a top City chief.

EUROPE/GLOBAL - Switzerland's two biggest banks have denied any wrong-doing following allegations of aiding South Africa's apartheid regime.

GLOBAL - Managed futures outpaced all other sectors last month, according to the latest data from the Credit Suisse First Boston Tremont Index.

GLOBAL- The private equity industry is set for rapid growth over the next ten years with pension funds in the US and Europe likely to double their allocation to the asset class, according to a new data from private equity firm Apax and the Economist Intelligence...

GLOBAL - Financial services group Alexander Forbes has bought a 60% stake in consultant Lane Clark & Peacock for £46m.

UK/GLOBAL - Pension schemes want the world's top 500 companies to disclose "investment relevant information" on their greenhouse gas emissions.

UK/GLOBAL - Pension schemes will have to make wholesale changes to their UK-equity portfolios if Britain joins the euro, fund managers claim.

THE NETHERLANDS - ING has hired Merel Engelbert van Bevervoorde-van Vroonhoven as General Manager of Nationale-Nederlanden.