United Kingdom

UK - Europe's eighth largest bank by assets, Dutch firm ABN Amro, has been hired as guarantor for a new offering from alternative fund manager Man Investment Products.

UK - Powys County Council is to tender new mandates for its £162m pension fund once a review of the fund is finished, according to John McNeil, assistant county treasurer.

UK - Friends Ivory & Sime (FIS) has added Kirsty Jenkinson to its governance and socially responsible investment (GSRI) team.

UK - Consultant Hymans Robertson has formed a new international consulting practice and has named Keith Faulkner as its first chief.

UK - A ‘furious' Transport and General Workers' Union (TGWU) has said it is ready to fight plans by food retailers Iceland Frozen Foods to kill off its final salary scheme, covering more than 4,000 workers.

UK - Gissings has been appointed by DuPontSA to provide pension scheme administration and accounting services for the defined benefit section of its pension scheme.

UK - The £240m Royal Borough of Kensington and Chelsea Superannuation Fund is set for an overhaul following a review of its current investment and custodian arrangements.

UK - Martin Currie, the independent investment management group, has hired one of the investment industry's top-rated energy analysts.

UK - The UK's Trades Union Congress (TUC) has warned against recent trends to "junk" final salary schemes.

UK/EUROPE - US giant Mellon Financial Corporation has launched a new fund dedicated to ethical investment aimed at both institutional and retail markets.