Europe

UK - Old Mutual Asset Managers (OMAM) has appointed Barry Russell to the new role of head of client servicing in a bid to increase its institutional business.

UK - Northern Trust has been appointed global custodian of the £900m Dundee City Council Superannuation Fund.

UK - Aon has been retained as actuary by the UK's £250m Audit Commission Pension Scheme.

UK - Lawyers Hammond Suddards Edge has established an international benefits practice capitalising, it says, on the strengths of its pensions, tax and incentive teams in its international offices.

UK - Friends Ivory & Sime has strengthened its strategy and global portfolio construction teams with two new hires.

UK - Clerical Medical Investment Management (CMIM), a unit of HBOS's fund management business, has appointed Keith Lovett as chief operating officer.

UK - Gissings has appointed Kim Plummer as operations director.

UK - The government will not be issuing a separate consultation on ways to improve stakeholder sales despite announcing yesterday that it is to look at cutting red tape holding back the product.

UK - The Railtrack Shareholders' Action Group (RSAG) last week instructed its lawyers, Lovells, to prepare the necessary papers to be served on the Treasury Solicitor in respect of documents which the Department for Transport, Local Government and the...

UK - Deutsche Asset Management has lost out to Dresdner RCM in a bid to hang on to one of its senior UK equity managers.