Investment

THE NUMBER of fund mangers offering schemes an unconstrained investment approach has doubled in the last two years, Hewitt Associates claims.

THE PENSIONS Regulator has released a further defined benefit scheme funding module of the trustee toolkit

MELLON Financial Corporation has completed the purchase of Edinburgh based equity investment firm Walter Scott & Partners.

BARING Asset Management has announced that it is changing the way its global resource fund is run - increasing its focus on absolute return.

THE INVESTMENT Management Association has hit out at an accountancy ruling that will force asset managers to change the way they report fees.

BLACKROCK has completed its takeover of Merrill Lynch Investment Managers creating an asset management firm with assets under management of $1046bn (£559bn).

HELLMAN & FRIEDMAN has completed its management buyout of Gartmore Investment Management from Nationwide Mutual Insurance Company.

SCOTTISH LIFE is closing its third-party administration arm, DC Solutions.

NICHOLAS-APPLEGATE Capital Management is set to open a London office in a bid to boost its UK and European presence

Going global or just Euro? As the infrastructure market accelerates more investment houses are sur...