United Kingdom

UK - Wilton Asset Management, a joint venture between State Street Global Advisors (SSgA) and DuPont Capital Management Corporation, closed its Wilton Private Equity Fund with over $240m in commitments, including sums from UK pension funds.

UK - Deutsche Asset Management (DeAM) has published its views on the reform of occupational pensions in the UK, in response to the government's Myners Review.

UK - Scottish Life has posted annual premium equivalent figures of £170m - bolstered by pensions sales which accounted for almost 80% of all new business in 2001.

UK - Baillie Gifford has won a UK equity brief worth approximately £330m with the £3.5bn London Regional Transport Pension Fund.

UK - Hedge fund investment has soared to record levels following two successive years of negative equity returns, LJH Global Investments reports.

UK - Alexander Forbes (AF) has entered into an agreement with consulting actuaries Lane Clark & Peacock (LCP) under which it is planned that AF will acquire a 60% interest in LCP. The deal values LCP's business at £46m.

UK - The £1.26bn Aberdeen City Council Superannuation Fund is looking at conducting an asset allocation study later this year, which could result in mandates being put out to tender in 2003.

UK - Dorset County Council Pension Fund has boosted its property portfolio with the purchase of two buildings in Manchester.

UK - Pharmaceuticals and chemicals company Akzo Nobel has dumped Schroder Investment Management from a £750m balanced mandate and increased its exposure to bonds, to be run by Henderson Global Investors. It has also appointed Capital International and...

UK - Fund manager Hermes is disappointed that a leak has made public its concerns over the corporate strategy of leisure giant Six Continents.