Europe

UK - Engineering firms have rejected moves for an industry-wide scheme - even though employer groups hail it as a saviour for the troubled sector.

EUROPE - Spanish consulting firm Novaster has chosen Frank Russell as its ‘preferred provider' of multi-manager products in a move that brings the conflict of interest debate firmly onto continental Europe.

UK - Two-thirds of FTSE100 companies have complied with the Association of British Insurers' guidelines on socially responsible investment.

EUROPE - Jan De Bolle joined Fortis Bank's global custody management as account manager on 1 December 2002.

UK - HSBC has appointed Mike Trippitt as head of European banks research within its corporate, investment banking and markets business, starting March 2003.

FRANCE - CDC IXIS Asset Management has reorganised its senior management team and appointed Thierry Dissaux as chief executive officer, France.

UK - Contributions into executive pensions have grown by 70% in the last five years while those for ordinary employees have fallen, new research shows.

UK - The organisers of The Pension Show are delighted to announce that due to popular demand, the one-day Forum on Pension Scheme Administration will return to the Business Design Centre, Islington, London, on 30 April.

UK - Pension fund administrator Paymaster is seeking voluntary redundancies from staff in its payroll department, sources have told Professional Pensions.

UK - Winton Capital Management, the London-based alternative fund manager, has appointed Boris Afanasiev to its statistical research team.