Europe

UK/EUROPE - Threadneedle Asset Management, part of Zurich Financial Services, has acquired a near 30% stake in multi-manager Attica Asset Management (Attica).

UK - Actuaries want insurance companies to establish independent actuarial committees to ensure company boards fully understand advice they receive.

UK - Britannic Asset Management has appointed James Goodgame to its fixed interest team reporting to David Roberts, head of credit.

UK - Latest FRS17 figures show three FTSE100 companies with pension deficits, while only one - Morrison Supermarkets - has a surplus.

UK - Barclays Global Investors has seen assets under management leap £25bn during the first quarter of this year.

EUROPE/UK - Investors are "uncertain and confused" by the way the UK equities market is recovering from the downturn, research from Commerzbank Securities shows.

UK - Britannic Asset Management's chief investment officer Peter Reid is to step down from his role as head of UK equities.

UK - Royal & SunAlliance Property Investments has acquired an additional 1.9 acre site at Northampton Retail Park.

UK - Software provider Comino has clinched a £250,000 deal from South Tyneside Pension Scheme.

UK - Hedge funds will continue to get the cold shoulder from pension schemes unless trustees' understanding of them is addressed, fund managers believe.