Europe

UK/EUROPE - JP Morgan Investor Services EMEA (Europe, Middle East and Africa) has appointed Mariagrazia Polo as sales executive for Italy.

EUROPE - AXA Rosenberg Investment Management is set to launch a new European long/short equity fund for institutional investors.

UK - The £1.1bn East Sussex County Council Pension Fund has become the latest regional scheme to issue a tender for a new private equity brief as one of several changes.

UK - The £914m pension fund West Sussex County Council is mandating a £400m balanced brief held by Deutsche Asset Management.

UK - Merrill Lynch Investment Managers (MLIM) has taken another blow, this time from the £44.8m LDV Pension Scheme.

UK - Passive investors will lose out unless they address the investment risk in their portfolios, says R&SA Investments.

UK - Companies are being urged to encourage their directors and senior staff to take up non-executive roles in other organisations.

EUROPE/UK - Private equity will continue to see an influx of new money and investors despite poor short-term performance figures, fund managers are predicting.

UK - The National Association of Pension Funds is refusing to give the Unclaimed Assets Register an official endorsement.

UK - Occupational pension schemes should scrutinise their custody and asset security issues, or run the risk of huge losses, according to Mercer Investment Consulting (Mercer).