Europe

UK - For the second year in a row, independent consulting actuary Ronnie Sloan has ended up withdrawing his nomination for election to the board of Standard Life at next month's AGM. Last year he withdrew his valid nomination as an independent candidate...

UK - Scottish Widows Investment Partnership (SWIP), has lured Aegon Asset Management's Thom Bentley to its consulting research team as a director.

UK - The Office for National Statistics has found that internal rules on making revisions to published data were breached prior to its error on pension assets.

UK - The working groups for the Dunnett Shaw & Partners initiative to raise administration standards has elected a chairman for each group.

UK - Britannic Asset Management (BAM) saw profits crash 22.8% in 2001 despite an upturn in retail sales, whilst firm's parent company saw operating profits fall to £145.4m compared to the £174.5m registered previously.

UK - One of the UK's largest local authority pension plans is looking for a new investment consultant in a move that pre-empts a review of its strategic investment arrangements.

UK - Cheshire County Council is on course to finish a review of its pension fund, which could result in changes to its investment arrangements.

UK - Barclays Global Investors (BGI) has launched a new high return market neutral offering, aimed at hedge fund-of-funds investors.

UK - UK fund manager Friends Ivory & Sime remained "cautious" on its forecast for 2002, after posting almost flat full year profits.

UK - The £720m Torfaen County Borough Council Greater Gwent Pension Fund is seeking a global custodian as part of a review of its investment management.