Europe

EUROPE - Retiring baby-boomers could cause financial instability through deflation, balance of payments deficits, with risks of currency crisis and exchange rate volatility accompanying banking crises, a new research paper warns.

UK - Britannic Asset Management has been awarded a $100m segregated Japanese equities mandate to manage on behalf of an established Scandinavian corporation.

UK - BANK of Ireland Asset Management is forecasting improving equity returns despite modest performance in the first quarter.

UK - BARING Asset Management is launching a long-short hedge fund for schemes that want to invest in China.

UK - THE Pensions Management Institute's Trustee Group has drawn up a checklist of information that new trustees require to make the best decisions.  

UK - Standard & Poor's long awaited service for measuring the financial strength of defined benefit schemes will go live later this month.

UK - F&C Management has appointed Alison McKnight (pictured) to a newly created post of group head of new business services. McKnight will work closely with F&C's sales and marketing teams across Europe and all investment desks and will be responsible...

UK - Pensions advisory service OPAS is appealing for more volunteers to cope with its increasing workload.

UK - Investec's global assets under management (AUM) have increased by more than 22.2% to £20.6bn for the financial year ended March 31, 2004.

UK - The Investment Management Association is testing a revamped version of the Pension Fund Disclosure Code on transaction costs on three schemes and their fund managers.