Global

Activist group, Stop Huntingdon Animal Cruelty (SHAC), yesterday launched its national campaign against Bank of New York (BoNY) beneficiaries which invest in Huntingdon Life Sciences (HLS).

Global hedge fund specialists Alpha Investment Management appointed Thomas M. Taylor as chief executive officer, president and chief investment officer.

Royal London Asset Management (RLAM) has poached Andrew Carter as chief investment officer (CIO) after 14 years at Gartmore Investment Management (GIM).

Phillips & Drew (P&D) has appointed Matthew Stemp to succeed Robin Apps as CIO. Apps is leaving P&D to join Beaumont Capital Management where he will manage Europe, Asian and US equities.

Eaton Vance Corporation in Boston has expanded its institutional business with the acquisition of 70% of Atlanta Capital Management Company for $75m.

Nicholas Lopardo, vice chairman of State Street Corporation and chairman and CEO of State Street Global Advisors (SSgA), will retire from the company and its board of directors, effective immediately.

The UK corporate bond market has become more sophisticated in the last 12 months, according to Britannic Asset Management.

Global firm State Street has been dropped from a $2bn custody mandate at the US Baltimore County Employees' Retirement System in favour of rivals Mellon Trust Global Securities Services.

Legal & General Investment Management's total funds under management has topped £6bn for the first time, end of first half year figures for the firm reveal.

The final nail has been hammered into the coffin of the UK's £2.5bn Marconi pension scheme in-house fund management team with the appointment of Merrill Lynch Investment Managers to manage its £800m UK equity portfolio.