Europe

UK - Credit Suisse Asset Management (CSAM) - the institutional and mutual fund management arm of Credit Suisse Group - has acquired SLC Asset Management (SLCAM) for an undisclosed amount, in a move that is likely to result in some job losses.

SPAIN - José Cercós, chairman of the Iberian arm of Winterthur Group (WG) - a business unit of financial services giant Credit Suisse Group (CSG) - has quit the firm.

US/ITALY -US fund manager Northern Trust Global Investments, has been appointed to handle funds on behalf of Italian banking group, Mediolanum in its second European link-up.

UK - Aon Consulting has made a top-level appointment with Anthony Parish joining as customer service director in the firm's pensions administration practice.

UK - Rothschild Asset Management (RAM) has appointed Abdallah Nauphal as its new head of fixed income & currency.

UK - Proceedings have begun in the court case between Unilever and Merrill Lynch over claims that Mercury Asset Management, the fund manager taken over by Merrill Lynch, acted negligently in managing the Anglo-Dutch giant's pension fund.

UK - The £750m Cambridgeshire County Council Pension Fund is on the lookout for a global custodian and an investment manager for a private equity fund of funds portfolio.

BELGIUM - The EUR100m East Flanders pension fund has hired four asset managers to run its entire fund.

BELGIUM - Philip Neyt, a general manager at the EUR3.5bn Belgacom pension fund, will take over from colleague William Van Impe when he leaves the fund to join Fortis AG next month.

UK - Royal London Asset Management (RLAM) has established a new private equity joint venture, named Royal London Private Equity (RLPE).