Global

Tom Finlay, director of Bank of Ireland Asset Management, will step down from his position on May 31, 2001, and give up his chairmanship of the Irish Association of Pension Funds.

The UK's Financial Services Authority is proposing that competing information providers publish regulatory details about listed companies.

FTSE and JSE - Johannesburg Securities Exchange - will embark on a joint venture to provide index products for African markets.

Deutsche Bank posted net profits of EUR1.03bn in the first quarter, despite a dip in its asset management arm.

JPMorgan Investor Services has achieved the number one ranking in custody according to the annual Fitzrovia Luxembourg Fund Encyclopaedia.

World stock markets recovered in April after a shaky start to 2001, according to the FTSE monthly world markets report.

Credit Suisse Asset Management (CSAM) is set to launch two new Luxembourg-domiciled funds on May 14.

Mercer Ltd has been appointed to advise on an investment strategy for Ireland's IR£5bn National Pensions Reserve Fund (NPRF) .

SITQ Acquisition Inc., a subsidiary of Canadian-based investment and real estate management company SITQ Immobilier, has purchased all the remaining common shares of property managers Bentall Corporation.

A court ruling against a Pennsylvanian county threatens the future of employer-sponsored retiree medical schemes, according to Rich Ostuw, global practice director of group and health care consulting at Watson Wyatt.