THE INVESTMENT environment is changing and institutional investors need to revise their strategies and avoid "herd-like" behaviour, a fund manager says.

The US Securities and Ex-change Commission's short-lived experiment with hedge fund registration may have a lasting effect on the industry, new research reveals.

BMI - the UK's third largest airline - could be grounded after pilots voted overwhelmingly in favour of industrial action in a row over pensions and pay.

Delayed retirement can prevent eurozone ‘ageing crisis'; Agius succession stirs big merger speculation; Private equity groups lure senior executives from public companies; SMG rejects UTV merger offer

CORPORATE bond markets weakened during the second quarter of 2006 but scheme demand remains high, Mellon Global Alternative Investments says.

SCHRODERS could slip out of the FTSE100 following in-vestor concern about its loss of pension fund clients, Aberdeen Asset Management believes.

THE £900M Northern Electric Group Pension Scheme has appointed Watson Wyatt as its investment consultants following a review of advisers.

Scheme wind-up campaigners have called for Watson Wyatt senior consultant Stephen Yeo to apologise for defending the government's decision not to compensate victims.

CORBY Borough Council has launched a tailor-made benefits package for staff as part of its bid to be an "employer of choice" in the area.

The government's proposed pension reforms will "severely disrupt" the savings market unless adequate safeguards prevent them from becoming the dominant force, managers warn.