United Kingdom

UK - Insight Investment has won a £144m bond mandate from the Bank of Scotland pension scheme.

UK - Watson Wyatt has introduced PensionPath, a web-based offering to include case management and administration tools to manage the life cycle of pension administration.

UK - Franklin Templeton Investments has appointed Jim Baio chief financial officer and Jennifer Bolt chief information officer of Franklin Resources.

UK - Investment bank Jeffries Group has appointed John Segrich senior vice-president and senior equity research analyst.

UK - Isis Asset Management is urging schemes to reduce their allocations to high yield bonds which, it says, are oversubscribed and too expensive.

UK - Old Mutual has launched Bright Capital, a fund of hedge funds manager, formerly known as GNI Fund Management, to capitalise on the opportunities it has identified in broadening its alternative investment offer to an institutional audience.

UK - Joakim Bergander has joined HSBC as head of relationship management, institutional sales, global markets, for the asset management, bank and insurance sectors.

UK - John Reizenstein has been appointed chief financial officer and executive director by Co-operative Financial Services, subject to regulatory approval.

US/UK - Standish Mellon Asset Management has been selected to directly manage $2bn in fixed income insurance assets for Aviva Life Insurance, part of Aviva of the UK.

UK - Companies are amending trust deeds in a bid to get around "draconian" wind-up rules, lawyers claim.