Europe

UK - Software provider Trema has appointed Ian Mullane as head of asset management and Roy Williamson as UK sales director.

UK - New moves to improve the transparency of short-selling arrangements have been unveiled by the Financial Services Authority. The drive will be underpinned by securities settlement system Crest, which will publish aggregate stock-lending data for FTSE350...

UK - Hargreaves Lansdown has appointed Phil Barton to the new role of head of the company's corporate pensions operations.

UK - HSBC Actuaries and Consultants has accused competitors of launching manager-of-manager products as a cynical ploy to "boost margins".

UK - European hedge fund manager Aspect Capital has appointed Michael Adam as director of risk management.

NORWAY - The Norwegian property market declined markedly over 2002, according to the Investment Property's Databank's Norwegian Property Index.

UK - The eighth annual Henry Stewart Conference on SIPPs will be held at the Radisson SAS Portman Hotel in London, on June 26.

UK - The £40m NCM UK Pension Scheme has appointed Kas Bank as one of its custodians following consultation with Watson Wyatt.

EUROPE - European ministers have given the go-ahead to new rules which pave the way for crossborder occupational pension schemes.

UK - Schroders Residential Property Unit Trust returned 27.4% in 2002 which, it says, makes it one of the best performing funds of its type.