Europe

UK - Blagden directors put off a settlement with pension scheme trustees because they feared it could trigger legal action by shareholders.

UK - Baring, Houston & Saunders has been awarded the property mandate by Bedfordshire County Council Pension Fund which is more than trebling its property portfolio.

UK - The National Association of Pension Funds' (NAPF) Voting Issues Services (VIS) and rating agency Deminor Rating have joined forces to offer coverage of major European companies in 16 countries, including all those in the Eurotop 300 Index.

UK - The Local Authority Pension Fund Forum (LAPFF) is to launch a new shareholder engagement initiative to persuade leading companies to report on their carbon emissions in line with government guidelines.

UK - Market insiders are predicting positive times for the UK equity market over the next few months.

UK - FTSE completed its final index reshuffle for the year with one change to the FTSE 100 index and seven changes to the FTSE 25O.

UK - The London Borough of Waltham Forest Pension Fund is to carry out a review of its overall investment strategy.

UK - British Airways' (BA) former pension chief, Jenny Rosser, has been drafted in as the National Association of Pension Funds' (NAPF) acting director general, following the resignation of David Cranston.

UK - The National Association of Pension Funds (NAPF) and corporate governance ratings firm Deminor have embarked on a joint venture to promote institutional shareholder voting in Europe.

UK - Bluebay Asset Management has been launched as a specialist manager of European fixed income credit.