Europe

UK - The £670m Bedfordshire County Council Pension Fund is going to conduct an asset liability study (ALS) in the second quarter.

UK - Consultation documents were published yesterday setting out how the government is taking forward three of the recommendations for legislative change made by Paul Myners in his report on institutional investment in the UK.

UK - Standard Life Investments (SLI) has appointed Colin Buchan as its third non-executive director.

UK - Invesco has strengthened its London-based global equities team with three new hires.

UK - AXA Investment Managers (AXA IM) has appointed Richard Lambert to its board.

UK - Pension fund trustees are right to be risk-averse, according to consultants PricewaterhouseCoopers, despite research suggesting that alternative investments are set to pave the way in asset allocations.

EUROPE/UK - Richard Worts has been appointed chief executive and head of marketing of the European operation of AXA Rosenberg Investment Management based in London.

EUROPE/UK - Richard Worts has been appointed chief executive and head of marketing of the European operation of AXA Rosenberg Investment Management based in London.

UK - Robin Hindle-Fisher is not returning as chief executive officer of the UK fund management house Phillips & Drew and may not even return at all.

UK - Winterthur Life, the UK life and pensions arm of Credit Suisse, has been awarded the contract to administer a new group personal pension scheme for the employees of the UK-based charity Mencap.