Europe

UK - A new call management solution used by Aberdeen City Council could change the future of Local Government Pension Scheme administration, scheme managers were told at a recent conference.

UK - The Gotaas-Larsen UK Pension Scheme, sponsored by Golar Management, has appointed Northern Trust to run a £3.5m manager of managers (MoM) investment mandate.

UK - Thousands of people marched through central London on Saturday demanding government and employer action to end the pensions crisis.

UK - The £680m Somerset County Council pension scheme is looking to appoint a global custodian.

UK - Shareholder activism is driving the best businessmen and women out of the boardrooms, experts warn.

EUROPE - Europe's fund managers believe that hedge funds will increasingly dominate the market scene, outstripping traditional assets.

UK - Corporate governance experts have cautiously welcomed the appointment of two new independent non-executive directors to the BSkyB board.

DENMARK - Pensionskassen for Børne- og Ungdomspædagoger (PBU), the e3bn pension fund for kindergarten teachers, is restructuring its investment portfolio and plans to hire new global equities and bond managers.

UK - The government is steadfastly refusing to act as guarantor for the Pension Protection Fund - despite renewed warnings by the National Association of Pension Funds.

UK - A web briefing on the key people issues during a merger or acquisition will be held by Mercer Human Resource Consulting on June 29.