Investment

UK hotel transactions accounted for 33pc of all European deals last year, Jones Lang LaSalle Hotels says.

CREDIT SUISSE has reported a 30pc fall in income from its asset management division in 2007.

MIDAS CAPITAL is set to merge with iimia MitonOptimal and list on the London Stock Exchange.

THE £2bn Avon Pension Fund is looking for multi-managers to run two specialist active property portfolios worth a total of £250m.

LAURIE EDMANS has been reappointed as a non-executive director of The Pensions Regulator by pensions secretary James Purnell.

UK - The £2.2bn (US$4.3bn) Avon Pension Fund and Bath and North East Somerset Council (Bathnes) has placed £250m of entirely new property mandates out to tender, split equally between domestic UK and overseas property.

Nearly three-quarters of trustees would be concerned if a private equity firm took over their scheme sponsor, research shows.

BANK OF IRELAND Asset Management has launched three enhanced cash funds.

Institutional investors have poured new assets into UK high alpha and global equity, research shows.

Strong returns and stock market volatility has resulted in a "huge" increase in institutional money being invested in traded life policies, Managing Partners Limited claims.