Europe

UK - Edinburgh Fund Managers has strengthened its specialist funds of funds and manager selection unit, Edinburgh Portfolio, with the appointment of John Livingstone as joint head of managed funds research.

UK - The £775m Worcestershire County Council Pension Fund has released the size of some of its recently announced new mandates.

UK - Bonds will form a third of pension scheme portfolios by 2007, SG Asset Management predicts.

UK - Multi-manager Skandia is to enter into the institutional defined contribution market and target pension funds between £30m to £45m.

UK - Gartmore has appointed Karl Bergqwist as head of credit research, effective in August.

UK - Henderson Global Investors is urging pension funds to snap up cheap equities before markets bounce.

UK - Almost a quarter of businesses with five or more employees have failed to provide staff with access to stakeholder pension schemes, new figures show.

UK - Couples are avoiding pension sharing in divorce orders because they are too complex, a survey by the Solicitors Family Law Association shows.

UK - Merchant Investors has added the Threadneedle strategic bond fund to its multi-manager fund range.

UK - Pensions schemes are being urged to make more use of cash as a short-term investment.