Europe

NORWAY - The NOK 2.1bn (€250m) Oslo Pensjonsforsikring (OPF) has appointed Northern Trust to provide custody services for its global fixed income portfolio, managed by investment manager Rogge Global Partners.

EUROPE/ASIA - Joachim Mies has left Dresdner Kleinwort to take up the position of COO for asset management in EMEA at Credit Suisse.

UK - Players in the UK pension industry have criticised the government's pension proposals for "merely adding a further layer of complexity" and "camouflaging potentially controversial issues".

UK - FX Concepts is to target UK local authorities (UKLAs) with its Concepts Multi-Strategy Institutional Fund (GBP Shares). 

UK - Adrian Bourne has left KPMG to join Watson Wyatt's benefits practice as a senior consultant.

UK - Standard Life is looking to the US for guidance on behavioural finance and auto-enrollment as the UK prepares to implement the National Pension Savings Scheme (NPSS).

UK - Amaranth Advisors, the ill-fated US hedge fund that lost US$6bn on investments in natural gas in September, has got rid of five members of staff from its London office.

EUROPE - Henderson Global Investors will launch a pan-European UCITS III equity fund, to be called the Henderson Pan-European Alpha Plus Fund, in December.

UK - Independent broadcast company ITV is to close its final salary pension scheme to existing members in a bid to lighten the pressure of its £325m pension deficit, media reports have claimed.

UK - Schroders Asset Management reported third quarter profits of £48.3m, up slightly on the £46.1m achieved over the same period last year.