Regions

GLOBAL - Ratings agency Standard & Poor's has released the full list of the 40 component funds that will make up its S&P Hedge Fund Index.

GLOBAL - Total assets of the world's 300 largest pension funds fell 12% in 2001, according to the annual survey by Pensions & Investments and consultants Watson Wyatt.

GLOBAL - Computer giant IBM has bought Pricewaterhouse-Coopers' consulting business for US$3.5bn (£2.2bn) in cash and stock.

GLOBAL - Private equity and venture investments worldwide tumbled by nearly 50% to US$100bn (£64bn) last year, according to PricewaterhouseCoopers (PwC) and venture capital group 3i.

GLOBAL - Baring Houston & Saunders (BH&S), part of ING Real Estate, has launched its new UK Residential Property Fund.

GLOBAL - Deutsche Bank has entered into exclusive discussions with Boston-headquartered State Street Corporation over the possible sale of parts of its Global Securities Services business.

EUROPE - Europe's major companies are facing a spreading pensions blackhole, research shows.

UK/EUROPE - Credit Suisse Asset Management (CSAM) has hired Caroline Brown to head its European credit research team.

GLOBAL - A "dire" outlook for Japan is shifting investor allegiance back to the US, according to Pictet Asset Management.

UK/EUROPE - Schemes should avoid European stocks while economic growth remains uncertain, Barclays Global Investors claims.