Europe

EUROPE - Man Group, the global provider of alternative investment products and futures broker, has raised $625m (E493m) through its most recent launch Man Multi-Strategy Series 6.

UK - A model contract for all agreements between schemes and fund managers could be launched within the next few weeks.

UK - A new EU directive could be a death knell for final salary schemes or expose the government and firms to claims from members, experts warn.

UK - A raft of senior pensions professionals received awards in the New Year's Honours List.

UK - Most employees are willing to pay more for defined benefit schemes in the future, a recent survey found.

UK - Deutsche Asset Management has appointed Fiona Hope (pictured) to its UK relationship management team and David Benson as director of business development.

UK - ISIS Asset Management has appointed David Currie as director and head of North American equities.

DENMARK - Laegernes Pensionskasse , the pension fund for teachers in Denmark, is expected to tender for managers for private equity this year.

UK - Britannic Group has paid £50m of its aggregate £185m of bank borrowings it took to purchase Alba Life - refinancing the residual £135m with a new five-year facility.

UK - Investors have poured cash into a gold fund launched by Gold Bullion Securities with a total of 19.6 tonnes of the precious metal now held on trust.