Global

Euraplan, the UK pension fund accounting and monitoring service, has launched a new system delivering investment reporting to larger schemes with £750m or more.

Institutional Shareholder Services (ISS) has been acquired by a group of investors that includes ISS' main rival, The Proxy Monitor (TPM).

Global firm Watson Wyatt has appointed Robert Wesselkamper as practice leader for international consulting, based in Chicago.

The Bank of New York (BoNY) has acquired a 4.9% stake in Dutch-based custodian Kas-Associatie for investment purposes. Kas-Associatie provides securities custody services and settlement and administration of securities and derivatives transactions and...

The National Association of Pension Funds (NAPF) and Confederation of British Industry (CBI) have welcomed proposals from the Company Law Review steering committee's final report on the modernisation of UK company law.

Capita Hartshead has been appointed to provide pensions administration to the UK's newly-formed Twyford Bathrooms Pension Scheme.

UBS in Switzerland expects its private equity business UBS Capital to record a pre-tax loss for the second, third and fourth quarters combined of CHF350m (£142,5m) to CHF400m (£163m).

Eaton Vance, the Boston-based asset manager, has acquired Fox Asset Management in a $92m deal, subject to regulatory approval.

State Street Corporation has launched the Multi-Bank Global Trading Support Services (Multi-Bank GTSS), an online confirmation matching service.

Commerzbank - Germany's third largest bank - is to overhaul its asset management business by year end.