United Kingdom

UK - Deutsche Bank and Mercer Investment Consulting have launched a global multi-manager investment index available through Deutsche Bank's FXSelect Platform.

UK - Paul Duncombe has been appointed global head of Schroders' strategic solutions team as the firm aims to strenghten its multi-asset team.

UK - Pension funds need to be long-term shareowners with bigger stakes in smaller companies, said Oxford Investment Partners director Karl Sternberg.

UK - The North Yorkshire Pension Fund has appointed UBS Asset Management to manage its new £49m global tactical asset allocation mandate.

UK - The information commissioner has ordered two local authorities to disclose details of their pension fund investments, but this should not have a huge impact on the private equity or pension fund industry.

UK - Pension fund deficits for FTSE 100 companies have fallen to £31.8bn as of 31 January 2007 - the lowest level since records began, Watson Wyatt has claimed.

UK - Morley CIO Katherine Garrett-Cox will leave the firm at the end of March to take up the CIO role at Alliance Trust.

UK - AXA Investment Managers' UK CEO Paul Griffiths has joined Credit Suisse as MD and head of fixed income for asset management.

UK - The Scottish National Party (SNP) has told pensions minister John Hutton to resolve issues in England before criticising Scottish pensions.

UK - The US$650m NM Rothschild & Sons pension fund has appointed State Street to provide custody, investment accounting and securities lending services.