Global

GLOBAL - US institutions contribute three times more private equity to Europe than the UK, a report from research organisation Initiative Europe reveals.

UK/GLOBAL - Hermes Pension Management is seeking to improve mutual understanding of corporate governance between Japan and the UK.

GLOBAL - Emerging markets will continue to outpace developed nations this year, according to one fund manager.

GLOBAL - Northern Trust has developed Global Investor Passport (GIP), a customised information tool for institutional clients.

GLOBAL - Singapore equities are well-positioned to profit from the global economic recovery and technology demand, Govett Investments claims.

UK/ LUXEMBOURG - Franklin Templeton's Templeton Growth (Euro) fund is now worth over EUR1bn (£639m), less than two years after its launch.

GLOBAL - The Benchmark Group part of RBC (Royal Bank of Canada)Global Services has launched Benchmark Commission Recapture, a product designed to help institutional investors reduce trading costs.

GLOBAL - Investors pumped a net $5.6bn in to hedge funds during the first quarter of 2002 ending the record pace of growth achieved in 2001, according to Tremont Advisers TASS Research.

GLOBAL - US-based Hewitt Associates and Bacon & Woodrow were expected to complete their tie-up this week creating a global consultant.

GLOBAL - Morley Fund Management has made a raft a new appointments.