United Kingdom

UK - Royal & SunAlliance Property Investments has acquired an additional 1.9 acre site at Northampton Retail Park.

UK - Software provider Comino has clinched a £250,000 deal from South Tyneside Pension Scheme.

UK - Hedge funds will continue to get the cold shoulder from pension schemes unless trustees' understanding of them is addressed, fund managers believe.

UK - The £860m West Sussex County Council Superannuation Fund looks set to axe around £400m worth of mandates run by Deutsche Asset Management.

UK - Pension schemes are deserting quoted property investment firms due to the heavy tax burden imposed on them, ABN Amro Bank claims.

UK - Delaying action on Alan Pickering's Simplification Review proposals could mean that any changes will be too late for many schemes, actuaries warn.

EUROPE/UK - Investors are "uncertain and confused" by the way the UK equities market is recovering from the downturn, research from Commerzbank Securities shows.

UK - Financial Services Authority chairman Sir Howard Davies has voiced concerns that many small UK private property firms are highly geared while containing little collateral.

UK - Graduates are shunning local government pension schemes because they are weighed down by student debt, public service union Unison claims.

UK - OPRA's ambitions to rid small schemes without trustees of any security fears have been scaled back because of its own "lack of resources".