Europe

UK - Fund managers should expect the standards for ethical reporting laid down by Business in the Environment (BiE) to act as a blueprint for criteria set out by Government when it introduces compulsory disclosure as a result of the Company Law Review...

UK - Council treasurers are pressing Government to meet through the local government spending round an average 10% funding deficit it has found in local authority schemes.

NORWAY- The EUR70bn Statens Petroleumsfond is tendering for managers to run a combined total of EUR1.3bn in equities mandates.

EUROPE - Zurich Financial Services (ZFS) is looking for a new chief executive officer following Rolf Huppi's decision to quit.

EUROPE - By hiring Eric Bateman from Investec, where he was European sales manager, Martin Currie, the independent investment management group, has strengthened its European sales team

EUROPE - The European Commission is to put plans for financial integration into full speed, after reiterating its 2005 deadline.

UK - Chairman-elect of the Association of Consulting Actuaries (ACA) Gordon Pollock has expressed his concern over recent pressures on pension funds.

UK - Business in the Environment's (BiE) sixth Index of Corporate Environmental Engagement, published today, provides further evidence of the increasing importance of environmental risk to the City.

UK - Royal London Asset Management (RLAM) has announced two high profile appointments. Starting in February, Ian Sharman joins as US fund manager and Martin Newport begins as head of UK dealing. Both will report to chief investment officer, Andrew Carter....

UK - UK corporate bond issuance is set for an upsurge in response to increased demand from institutional investors, particularly pension funds, according to a new report.