Europe

UK - Scottish Widows Investment Partnership has appointed Nick Thompson as investment manager to its US equity desk, effective December, 2, 2002.

UK/US/EUROPE - Equity markets could face a decade-long recession if property markets fall, State Street Global Advisors warns.

UK - Software firm CCH has launched the latest version of its pensions tax returns automation package.

UK - Companies are paying fixed- term workers more rather than let them join their pension schemes, a consultant claims.

UK - Squatters have taken over a £20m London office owned by Scottish Widows Investment Partnership and Henderson Global Investors.

UK - The £250m Parliamentary Contributory Pension Fund is to appoint up to three fund managers once it has completed a review of its investment strategy.

BELGIUM - Léon Brasseur, ex-head of the Belgian Pension Fund Society has joined FRA Benefits Consultants near Brussels as a senior consultant.

UK - Schroder Investment Management and Baillie Gifford have both lost balanced mandates at the £775.6m Dundee City Council Tayside Superannuation Fund.

EUROPE - T Rowe Price is considering opening a Stockholm office as it pushes into the Nordic region.

UK - Pensions software and administration provider Marlborough Stirling is to extend its services to Sun Life Assurance Company of Canada (UK).