Regions

GLOBAL - Watson Wyatt & Company Holdings recorded a net income of US$52.2m for fiscal year 2005, up $1.5m from fiscal 2004.

GLOBAL - Alexander Ineichen, who has led UBS Investment Bank's research into hedge funds and alternative investments since 2000, is to move across to the firm's asset management arm in a senior research capacity.

EUROPE - Insight Investment is to roll out its fixed income capabilities in Europe as part of a wider expansion of its overall business outside of the UK.

GLOBAL - Company-run pension plans in the UK are four times more likely to fall short on meeting future liabilities than their US counterparts, according to new research by Aon Consulting.

GLOBAL - Kal Bassily has been named division head of BNY Global Transition Management, following Lisa Manuele's departure.

EUROPE - F&C Asset Management is "aggressively looking" at launching a new solution that combines global tactical asset allocation with liability driven investment, according to chief investment officer Tony Broccardo. "We're looking to have a product...

EUROPE - Dow Jones has indicated it will roll out a Real Estate Investment Trust index for Europe as soon as it believes the market is mature enough.

GLOBAL - Concerns are already surfacing as to the fate of Citigroup Asset Management's prized fixed income team on the back of the sale of the group to Legg Mason.

GLOBAL - Merrill Lynch Investment Managers has rolled its transition management business, TRIM, into a newly formed entity in a joint venture with Merrill Lynch Global Markets & Investment Banking (GMI), the group's broker-dealer.

GLOBAL - Barclays Global Investors (BGI) saw assets under management rise 10% to £781bn in the first half of the year, up from £709bn at the end of 2004.