Europe

UK - Investec Asset Management's flagship money market fund has raised over £500m since its launch in January 2002.

UK - The number of firms reviewing their final salary schemes is increasing but most do not opt for closure, research by Watson Wyatt shows.

UK - Pensions Investment Research Consultants joined the NAPF in recommending an opposition vote on the remuneration report of construction firm, Berkeley Group.

UK - The National Association of British Steel Pensioners is set to merge with the National Federation of Post Office & BT Pensioners.

UK - Schemes are being urged to put more money into smaller quoted companies for the "good of entrepreneurial Britain".

UK - Indices used to benchmark manager performance are unsatisfactory and need a radical rethink, Isis Asset Management claims.

UK - "Subjective" assumptions under FRS17 can alter earnings by as much as 20%, research by UBS shows.

UK - Legal & General Property has sold a Heathrow office building for £9m to a private buyer, reflecting a yield of 5.75%.

UK - Scheme fears over the performance of socially responsible funds have been allayed after one fund topped Mercer's latest survey of returns, SRI advocates believe.

UK - Investment consultancy Psolve has appointed four senior team members to its head office in London.