Regions

GLOBAL - State Street Global Advisors (SSgA), the investment management group of State Street Corporation, has said that the Federal Reserve's confidence in economic growth is boosting the US dollar.

GLOBAL - Man Group, the specialist provider of alternative investment solutions, has seen a US$500m rise in funds under management to $43.5bn since the end of March.

GLOBAL- NASDAQ and FTSE Group have launched the new FTSE NASDAQ Index Series, providing tools for investors to benchmark selected aspects of the NASDAQ market.

LONDON - Stock markets in the UK and across Europe fell sharply this morning as news of a series of explosions in central London broke.

HONG KONG - Gartmore hasopened an office in Hong Kong to operate as a research hub in the Asian region.

GLOBAL - The outcomes of the G8 Summit, the meeting of the world's most powerful leaders, will have a direct impact on investors, F&C Asset Management predicts.

BAHRAIN - Dow Jones Indexes and the Bahrain Stock Exchange have launched the Dow Jones Bahrain Index.

EUROPE - The European Fund and Asset Management Association (EFAMA) is scouting for a director general.

EUROPE - Mercer Investment Consulting has moved to eliminate the "artificial divide" between the European and UK markets, promoting Andrew Kirton to head of European investment consulting, and Divyesh Hindocha (pictured) to director of global investment...

The Netherlands - ABN AMRO Mellon Global Securities is to launch its proprietary domestic custody operation in The Netherlands.