United Kingdom

UK - Almost 70,000 new stakeholder pensions were bought in July, according to figures released by the Association of British Insurers (ABI).

UK - SEI Investments has appointed Rodney Gaskell as senior investment analyst for fixed income, based in London.

UK - State Street Global Advisor's (SSgA) European equity long-short market neutral strategy has celebrated its first anniversary with a solid 12 month return achieving out-performance of the cash benchmark in line with expectations.

UK - Net returns on investments at the London Pensions Fund Authority (LPFA) suffered under the fall of equity markets, as revealed by the body's annual report and accounts for 2000-01.

UK - Nearly a third of all FTSE 100 companies require their top executives to have a substantial shareholding in their company, according to research by consultancy William M. Mercer.

UK - The Financial Services Authority (FSA) has published the final rules for a Financial Services Compensation Scheme (FSCS) that will come into effect on December 1, 2001.

UK - Pension decision-makers are unaware of the impact of socially responsible investment (SRI) within the new stakeholder pensions environment, according to research by Friends Provident.

UK - Almeida Capital, the private equity information service provider, has appointed Mitch Cybulski as its new chairman.

UK - Fund of funds specialist, LJH Global Investments has appointed Marc Mediratta as vice president of research, based in London.

UK - Fidelity Investments, part of the world's largest independent investment management organisation, has appointed Christophe Gloser as director of its institutional fund management business in France.