Europe

UK - Water companies are to pass on a £375m bill for their deficit-ridden pension schemes to consumers through cost increases.

UK - The Football League has dropped Legal & General Investment Management from two fixed income mandates worth a combined £47m.

UK - Employers urged the government to "share the burden" of its proposed pensions safety net and act as a guarantor for the scheme.

UK - Russell/Mellon CAPS has bought out Barra's share in risk analysis firm Risk Reporting.

UK - Investment Solutions has appointed Richard Dinham as senior investment manager.

UK - Northern Trust Gobal Investments has hired Gavin Brown as senior portfolio manager in London to lead its enhanced passive and active quant research efforts.

NETHERLANDS/BELGIUM/UK - US-headquartered T. Rowe Price Global Investment Services (TRPGIS) has appointed Jandaan Felderhoff as director of institutional sales and client relations of its planned operations covering the Netherlands and Belgium.

DENMARK - MTS Associated Markets has launched into the Danish government bond market, currently worth an estimated DKK650bn (e87bn).

NETHERLANDS/BELGIUM/UK - US-headquartered T. Rowe Price Global Investment Services (TRPGIS) has appointed Jandaan Felderhoff as director of institutional sales and client relations of its planned operations covering the Netherlands and Belgium.

UK - Epic Investment Consulting has announced the recruitment of Alan Saunders to join its panel advising the boards of pension scheme trustees.