Europe

EUROPE - AXA Rosenberg Investment Management (AXA Rosenberg) has appointed a new chief executive, Europe, following the departure of Richards Worts in July.

UK - Some three quarters of consumers still expect to have a comfortable retirement despite having an inadequate level of savings, according to a new survey from the National Association of Pension Funds (NAPF).

UK - Investors should not regard government bonds as a passive investment, fund managers warn.

UK - Baking group Greggs has closed its £25m final salary scheme to new members in a bid to save costs.

UK - Property now outperforms all other asset classes but investors should not lose sight of fundamentals, according to a new report.

EUROPE - New Chairman of the European Private Equity and Venture Capital Association (EVCA) Max Burger-Calderon is urging investors to stick with private equity despite recent "testing times" for the asset class.

UK - Any increase on charges to stakeholder pensions may lead to another mis-selling scandal, warns Mercer Human Resource Consulting.

UK - The c£350m London Borough of Enfield Pension Fund has gone ahead with its first foray into private equity with a new mandate expected to be worth around £15-20m.

UK/GLOBAL - A campaign by institutional investors, including pension schemes, to force the world's biggest 500 companies to disclose their greenhouse gas emissions has won UK government backing.

UK - Neptune Investment Management has appointed Nicholas Boles as vice-president of marketing and client services.