United Kingdom

UK - The essential ingredient for outperformance among UK equity income fund managers over the year to October 1, 2001 has been experience, according to Standard & Poor's latest sector report.

UK - The Financial Services Authority (FSA) has published a paper seeking to evaluate pension regulation in the UK against the background of economic and financial theory, as well as ‘best practice' as seen from the standpoint of global experience.

UK - There has been a step-change in the levels of directors' pay and incentives at FTSE100 companies, with base salaries for executive directors rising by 12.8% in 2001, according to Pensions Investment Research Consultants' (PIRC) latest corporate governance...

UK - Alternative Investment Market (AIM), the London Stock Exchange's (LSE) international market for growing companies, has added five new companies to its ranks - a record for a single day.

UK - Blagden directors put off a settlement with pension scheme trustees because they feared it could trigger legal action by shareholders.

UK - Baring, Houston & Saunders has been awarded the property mandate by Bedfordshire County Council Pension Fund which is more than trebling its property portfolio.

UK - The National Association of Pension Funds' (NAPF) Voting Issues Services (VIS) and rating agency Deminor Rating have joined forces to offer coverage of major European companies in 16 countries, including all those in the Eurotop 300 Index.

UK - The Local Authority Pension Fund Forum (LAPFF) is to launch a new shareholder engagement initiative to persuade leading companies to report on their carbon emissions in line with government guidelines.

UK - Market insiders are predicting positive times for the UK equity market over the next few months.

UK - FTSE completed its final index reshuffle for the year with one change to the FTSE 100 index and seven changes to the FTSE 25O.