United Kingdom

UK - Managers of large-cap mutual funds tend to overweight their portfolios with companies with above average corporate governance profiles, according to research firm Lipper and corporate governance ratings agency GovernanceMetrics International.

UK - In the wake of a scientific report suggesting that up to a quarter of land animals and plants could be driven into extinction by 2050, ISIS Asset Management is warning that many companies are failing to recognise the potential business impact of...

UK - Healthcare provider BUPA has set up a commercial management team to boost its presence in the group risk market.

UK - Property market experts are split on how the sector will perform over the next 12 months, new research reveals.

UK - The cost of implementing upcoming regulations and reforms could prove overly burdensome, warned UK regulator the FSA in its Financial Risk Outlook 2004, its annual document outlining perceived upcoming risks.

UK - Airline giant British Airways will face industrial action if it raises employees' pension contributions, unions warn.

UK - Martin Currie Investment Management is to open its high alpha Japanese mid-cap equities fund to UK schemes.

UK - Alexander Forbes Financial Services has acquired The Annuity Bureau for an undisclosed amount.

UK - Central Financial Planning has launched a new pension scheme which allows directors to invest in residential property ahead of next year's tax changes.

UK - A cash fund offered by Standard Life Investments has won an industry award for "outstanding performance".