United Kingdom

UK - Pension fund trustees need greater education in balancing mandates and active risk management, in order to better match their liabilities, according to F&C Asset Management.

UK - Buck Consultants, an actuarial and HR consulting firm, has lost out on its head of investment consulting to rivals Lane, Clark & Peacock (LCP).

UK - Government ministers have delayed the parliamentary ombudsman's release of an enquiry into alleged mal-administration of occupational pension rules, following their request to have additional evidence considered.

UK - PSolve Asset Solutions, the specialist investment consultancy and sister company of Punter Southall, has been appointed as investment consultant to review the investment strategy of the £1.5bn Avon Pension Fund.

UK - Record numbers of British employees, more than 8.5 million people, believe that their employer does not offer a company pension scheme, new research from AXA claims.

UK - Jo Kitcat has left his position as a director at London-based Longbow Capital to rejoin Mellon Global Investments (MGI) as head of UK sales and alternative investments, a newly created role.

UK - Standard Life Investments saw assets under management rise to £105.7bn in the first six months of 2005, boosted by a 40% rise in UK segregated pension fund mandates.

UK - Nord Anglia Education has appointed multi-manager Investment Solutions, part of the Alexander Forbes Group, to manage its £11m ‘Lifetime' pension scheme.   Nord Anglia operates nurseries and international schools, working in partnership with the...

UK - The latest fund manager survey from Merrill Lynch has shown fund managers pricing in continued rate rises in US short term interest rates, with most believing that a rate closer to 4% is needed to achieve a neutral level.

UK - Northern Trust Global Investments (NTGI), the multi-asset class investment manager, has poached Martin Ekers from Morley Fund Management, as head of dealing for its new desk in London.