Europe

UK - Widespread concerns over falls in UK property prices is depressing equity values, Hewitt Bacon & Woodrow says.

UK - State Street Global Advisors has appointed Tony Spence as a senior currency manager.

UK - Isis Asset Management's profits before tax have dropped to £21.6m last year from £27m in 2001.

UK - Pension funds are turning to private healthcare to reduce the effect of ill-health retirement claims on their actuarial liabilities.

UK - Newton Investment Management founder Stewart Newton is setting up a boutique fund manager which will offer schemes absolute returns.

EUROPE - Barclays Global Investors is to introduce Europe's first ever corporate bond exchange traded fund next week.

EUROPE - The single currency is damaging schemes' European investments and is set to push Germany into a decade-long recession, warns State Street Global Advisors.

UK - Punter Southall has set up a standalone mergers and acquisitions division to advise companies on pension issues during transactions.

UK - The Isle of Man's pension regulatory framework looks set for a major overhaul.

UK - Council staff pension contributions are set to rise for the first time since 1937 in a bid to meet mounting costs, it can be revealed.