Global

CAPS has reinforced its commitment to the UK and European markets with the appointment of four new recruits to its sales and marketing team.

Equitable Life has assured the UK's National Association of Pension Funds (NAPF) that the chances of further crises for policyholders has been greatly diminished by recent reductions in policy values.

London-based thematic fund management arm of Swiss private Bank Sarasin - Sarasin Investment Management (SIM) - is set to launch a new hedge fund.

Russell/Mellon, the joint venture between Frank Russell Company and Mellon Financial Corporation, has enhanced its client services business with the appointments of Allison Langley and Russell Taylor.

Matthew Tee has been appointed to global firm Watson Wyatt as a senior investment consultant.

A man mis-sold a pension by an individual financial advisor (IFA) has won his UK High Court battle to keep a Norwich Union windfall and also to receive compensation from the IFA.

Alternative investing is on the up, according to the latest Invesco survey of European institutional investment trends.

The $89bn New York State Teachers Retirement System (NYSTRS) is searching for two managers to run up to $500m in enhanced passive international equities mandates.

The £292m London Borough of Harrow Pension Fund has cut £100,000 off the fees it pays to investment managers.

AXA Investment Managers (AXA IM) - the fund management arm of the AXA Group - has completed it US high yield bond team.