United Kingdom

UK - The London Borough of Waltham Forest Pension Fund is to carry out a review of its overall investment strategy.

UK - British Airways' (BA) former pension chief, Jenny Rosser, has been drafted in as the National Association of Pension Funds' (NAPF) acting director general, following the resignation of David Cranston.

UK - The National Association of Pension Funds (NAPF) and corporate governance ratings firm Deminor have embarked on a joint venture to promote institutional shareholder voting in Europe.

UK - Bluebay Asset Management has been launched as a specialist manager of European fixed income credit.

UK - Rhodia Pension Fund has rebalanced and pared down its manager roster, appointing two new undisclosed managers. Stamford Associates assisted.

UK - The £18m Institute of Physics Retirement Benefits Plan has dumped Merrill Lynch Investment Managers (MLIM) and appointed Frank Russell Company as its investment manager.

UK - UK pension funds' "insularity" has spared them from severe losses in wake of the collapse of US energy giant Enron, industry experts claim.

UK - Almost half of the UK's largest occupational pension schemes intend to review their investment management arrangements following the Unilever Superannuation Fund vs Merrill Lynch Investment Managers (MLIM) settlement, according to a survey by SEI...

UK - Aberdeen Asset Management has acquired the Isle of Man-based offshore life assurance business of Old Mutual International (OMI), a subsidiary of Old Mutual, for £36.15m.

UK - Institutional investors are very similar in the way they question companies on corporate governance and socially responsible investment policies, a new report shows.