United Kingdom

UK - Schroders says that analyst research should be focused on the long-term and that building strong relationships with companies is vital.

UK - Celogix Property Fund has reported an increase in total investment return of 310% to e11.3m (£8m) for the year ended December 31.

UK - Mercer Human Resource Consulting has replaced Watson Wyatt as provider of actuarial and investment consulting services for EMAP's pension schemes.

UK - The Pensions Management Institute's new "ordinary membership" class has attracted 200 recruits in its first four months.

UK - First State Investments has appointed Louise Bradshaw institutional sales director. She will report to head of institutional business, Martin Harris.

UK - Trustees have been ordered to pay £10,000 compensation to a scheme member for deliberately delaying the transfer payment of benefits.

UK - Fund management bosses expect shareholder activism to grow in the near to medium-term.

UK - Gareth Davies has been appointed head of marketing by third party administration company, Personal Pension Management.

UK - Schemes investing in alternative assets must ensure they are well diversified if they want to reduce risk.

UK - Gartmore Investment Management has gone live with a straight-through-processing solution, HiMessaging, from business solutions provider DST International.