Europe

UK - Standard Life is including an annuities calculator in its group AVC members' pack to show the additional pension each policy will provide.

UK - JP Morgan Fleming Asset Management has lost Shawn Lytle to UBS Global Asset Management.

UK - John Murray has been hired as managing director and head of Deutsche Investment Trust Managers.

UK - Eden Group, the independent stockbroker and fund manager has made Jamie Stewart head of institutional research and marketing.

UK - Philip Hunt has joined pan European asset manager, F&C Management, as head of credit strategy. He will report to Patrick Hendrikx, head of global credit and working alongside Peter Harvey, head of UK credit. 

UK - Insurance giant Prudential is facing industrial action after talks on the future of its £4.8bn final salary scheme stalled.

UK - Equities offer good value at their current levels, believes Tilney Investment Management.

UK - Key London rents will decline further affecting property investments, commercial property giant Great Portland Estates forecasts.

UK - Standard Life Property Investments has launched a UK property income fund which is targeting an annual dividend yield of 6.5%.

UK - Christopher Handley, a former fund manager with Henderson Global Investors, has joined State Street Global Advisors to its indexation team.