State Street

GLOBAL - Investor confidence fell in Europe and the US in September despite a rally in equities, research by State Street Global Markets (SSGM) shows.

AP3; BlackRock;Hermes; State Street; FundQuest; Schroders; SVM; First State

EUROPE - The hunt for scale and lower costs through mergers and acquisitions is set to be an industry-changing trend over the next five years, State Street says.

The hunt for scale and lower costs through mergers and acquisitions is set to be an industry-changing trend over the next five years, State Street says.

Rachel Alembakis looks at how Australian schemes are reducing the impact of taxation on investment returns.

ITALY - Fondo Previdenziale Pegaso, the pension fund for employees in the Italian utility services, has hired State Street Global Advisors to run a €60m (US$76m) active fixed income mandate.

IRELAND/US - State Street, the world's second-biggest money manager for institutions, is in talks to purchase Bank of Ireland's asset-management business, according to three people familiar with the matter.

As equities underperform, interest in alternative investment has grown. Laura Blows discovers how small to mid-sized pension schemes can access this strategy

GLOBAL - Strategic and tactical asset allocation decisions are converging into "a more holistic process" as investors refine their risk management post-crisis, State Street says.

GLOBAL - Low liquidity levels in the fixed income markets have led investment grade and high yield exchange traded funds to rack up higher-than-expected tracking errors and lower performance, asset manager Robeco said.