Europe

UK - Software provider Nordic Financial Systems has launched a market information interface for users of the transaction management system, Finance KIT.

UK - Mark Rowlands (pictured) is joining Axa in the new role of business development and marketing director of corporate benefit solutions.

UK - Isis Asset Management and F&C Management will axe their UK and European equities desks when they complete their merger.

UK - The Pensions Management Institute has awarded 17 fellowships in recognition of their contributions to the industry.

UK - Law firm Wragge & Co has won an ongoing legal appointment for the Baird Group Pension Scheme - part of retail fashion company Jacques Vert.

UK - Automatic Data Processing has launched a new proxy voting disclosure solution aimed at pension funds and investment advisers.

UK - Prudential's fund management arm, M&G, has appointed Mellon European fund services to provide it with fund accounting services.

UK - Traditional balanced managers are dominating the high alpha fund sector.

UK - Insurance giant Jardine Lloyd Thompson has taken over troubled pension fund administration software provider, Profund Systems.

DENMARK - Special Pensions Savings scheme, managed by ATP, has recorded a DKK 1.857bn (e134m) loss and the market return on investment for Q2 of 2004 was a mere DKK 98m (e13m), equivalent to 0.2%.