Europe

UK/EUROPE - Rating agency Standard & Poor's will hold corporate credit risk analysis workshops in London, Paris, Zurich, and Frankfurt from October to December.

UK - Scottish Life has hired Peter Darvill as marketing support manager for the south region.

UK - HSBC's Global Investor Services has been reappointed as custodian at the two leading regional pension funds.

UK - Credit Suisse Asset Management and its sister company, investment bank Credit Suisse First Boston, have merged their hedge fund operations.

UK - The Financial Services Authority has ruled out imposing constraints on short selling as it believes hedge funds improve market liquidity.

UK/US - Two-thirds of investors no longer feel confident investing in the stock market following high profile accounting scandals, a survey from Cavendish Asset Management shows.

UK - HSBC Asset Management has lost five of its UK and European fund managers to Cazenove Fund Management.

UK - Barclays Capital, the investment banking division of Barclays Bank, has launched a Sterling Inflation-Linked Bond Index following a high level of investor demand.

UK - The £3bn Merseyside Pension Fund has put a total of 19 mandates - equivalent to about 70% of the scheme - out to tender.

UK - Sales of individual pensions soared in the first half of this year, latest figures from the Association of British Insurers show.