Europe

UK - Hewitt Bacon & Woodrow has strengthened its investment manager research team with the appointments of Ian Peart and Dean Wetton.

UK - Cheney Healthcare is looking to raise £25m for a fund investing in private sector healthcare firms.

UK - A Discussion paper on the role of ethical values in the financial services industry has been put out by the Financial Services Authority.

UK/US - Leading shareholder activist Bob Monks has received an award for his corporate governance achievements.

UK - Goldman Sachs Asset Management has hired a new global equity portfolio manager and two co-heads to its European hedge fund business

UK - CPR Asset Management (CPR-AM), a wholly owned subsidiary of Crédit Agricole SA, has selected Institutional Shareholder Services (ISS) as its exclusive provider for proxy voting services.

EU - European countries could face debts more than double their domestic product if they do not tackle pension liabilities, market information provider Key Note warns.

UK - A Pensions litigator has created a website for policyholders pursuing legal claims against Equitable Life.

UK - Axa Rosenberg Investment Management has now sealed its first regional authority pension fund mandate.

UK - Triple-B rated corporate bonds are 13 times more likely to default than triple-A bonds, Jagger & Associates claims.