Europe

UK - Morley Fund Management has added a senior UK equity fund manager to its 11 strong investment team.

UK - Royal London has appointed Tim Melville-Ross as deputy chairman of the board following Andrew Longhurst's retirement.

EUROPE/UK - Just over three quarters of European business leaders believe that corporate social responsibility (CSR) can significantly boost profits.

UK - The £860m pension fund for West Sussex County Council is searching for a short-term transition manager and custodian whilst it tenders half of its fund assets.

UK - The Shetland Islands Council (Shetlands) has appointed Northern Trust as master custodian to its £115m pension fund.

UK - Shropshire County Council has hired HarbourVest Partners to manage its first foray into private equity.

EUROPE/UK - Just over three quarters of European business leaders believe that corporate social responsibility (CSR) can significantly boost profits.

EUROPE/GLOBAL - Switzerland's two biggest banks have denied any wrong-doing following allegations of aiding South Africa's apartheid regime.

UK - New Star has hired Charles Tritton to head up its hedge fund business with effect from July.

UK - Britain's economy ground to a halt during the first quarter of the year, revised GDP figures reveal.