Europe

UK - Clwyd Pension Fund has appointed commodities and portable alpha managers following its pension fund restructure.

UK - Documents released by the UK Treasury late last week show Gordon Brown had received prior warning from Treasury advisers of the devastating effect his 1997 removal of the tax credits for corporate pension funds would have.

UK - New Star Asset Management will list on London Stock Exchange (LSE) in June according to its year end results.

UK - Independent research and corporate governance and corporate social responsibility consultancy Pensions Investments Research Consultancy (PIRC) has joined the Enhanced Analytics Initiative (EAI).

UK - Raiffeisen Capital Management (RCM) has announced it will offer seven funds to investors in the UK.

EMEA - Leonard Fischer, who was made CEO for Europe, Middle East and Africa (EMEA) last December, has left Credit Suisse with immediate effect to take up a position outside the banking world.

UK - Standard & Poor's Equity Research has announced eight new appointments to its European analytical team, bringing the total number of equity analysts based in the region to more than 40.

UK - Unclaimed pension assets may be up for grabs following the outcome of a Department for Work and Pensions (DWP) review into the best way of helping bankrupt schemes.

US/UK - Deutsche Bank's Asset Management division (DeAM) has appointed 16 ex-Invesco staff for its Institutional Fixed Income Investment team.

UK - HSBC Investments has launched a life wrapped pension hedge fund product aimed at small- and medium-sized final salary schemes.