Regions

UK/EUROPE - Barry Sagraves has been appointed to the newly created post of chief executive officer of Northern Trust Global Investments' European investment business, headquartered in London.

EUROPE - Schroder Property has introduced a new equities management capability in a bid to capture what it sees as increasing demand from investors for European exposure.

UK/EU - Watson Wyatt has launched the 2003 editions of its employee benefits and employment terms documents.

Fidelity/Euroclear team up for same-day order-processing

UK/EUROPE - Standard Life Investments has purchased two major properties in Lisbon and Paris as part of its European Property Growth Fund.

EUROPE - Dutch financial services firm ING Group and The Bank of New York have launched a new global custody service for European institutional clients called ING/BNY Securities Services.

Fidelity/Euroclear team up for same-day order-processing

GLOBAL - The spread of the SARS virus could have a "devastating" impact on pension schemes' portfolios - especially those with investments in Asia - fund managers warn.

EUROPE - The Greek presidency of the European Commission has vowed to revisit pensions proposals for EU staff.

GLOBAL - Fund management giant Amvescap has blamed falling markets for a near 50% slump in first quarter pre-tax profits.