UK - Investec Asset Management is targeting the growing UK DC market with the launch of a diversified hybrid fund that blends single and multi-manager offerings.

A childcare scheme launched by P&MM has been hailed as a success with more than 100,000 workers taking up the benefit since its launch late last year.

BARING Asset Management has won a £133m mandate from Fiat's UK pension schemes.

US - The T Rowe Price Group saw its assets under management reach a record high of US$334.7bn, but group CEO James Kennedy warned investors to expect "more conservative returns" in the near term.

ECJ ruling on pensions eases employer fears; Legal & General benefits as confident savers move into long-term investments; Executive's regret over racial remark

SWITZERLAND - Swiss pension fund assets under management increased CHF40bn (€24.7bn) to CHF615bn during 2006, according to Credit Suisse.

UK- Standard & Poor's has appointed eight new analysts to its European equity research team.

O&M Financial Services is being sued by an independent adviser in a disagreement over commission rates.

THE PENSIONS Regulator's code of practice on the modification of subsisting rights has come into effect.

US - Texan pension funds could be forced to pull "hundreds of millions of dollars" from companies with links to Sudan after legislators filed a bill calling for divestment from the war torn region.