Europe

UK - Two fund managers are boosting their hedge fund offerings despite warnings that the concept has failed to make an impact on the conservative pensions market.

UK - Anti-discrimination legislation - which is due to become law - will cause more legal headaches for pension schemes, according to City lawyers.

UK/EUROPE/US: Hedge fund of funds manager Arden Asset Management made further steps towards opening its London office, targeting European managers to its roster.

UK/EUROPE - Ruth Kelly, economic secretary to the Treasury, today told delegates at the National Association of Pension Funds' investment conference in Edinburgh that the UK government will not allow inappropriate EU regulation to threaten the UK's present...

UK - Moves to make directors pay and pension provision more transparent to shareholders look likely to be made law.

UK - The Joseph Singer court battle against the age 75 annuity rule has been dropped, according to a leading pensions lawyer.

UK - Henderson Global Investors won £4.5bn of institutional business figures last year. But it is far from upbeat about its prospects for 2002.

EUROPE - Fortis Investment Management (FIM) still has its sights set on expansion despite seeing net operating profits plummet 50% in 2001 to EUR45m, down from the EUR90m registered the previous year.

UK - There are shortfalls to trade measurement services, delegates at the National Association of Pension Funds (NAPF) investment conference will be told today as a disclosure code for pension funds is launched which has been drawn up by the NAPF and...

UK/GLOBAL - Alan Rubenstein, chairman of the National Association of Pension Funds' investment council, has said that Susan Keating, Allied Investment Banks' CEO of its US subsidiary Allfirst, should go in the wake of the Rusnak fraud.