Global

Henderson Global Investors (HGI) - the fund management arm of Australian financial group AMP - has been appointed to manage a £70m UK portfolio for Munich-based Bayerische Versorgungskammer (BVK), an occupational fund mainly for doctors and dentists....

The C$59.8bn (US$38.8bn) British Columbia Investment Management Corporation (bcIMC) has removed a European active equity mandate from JP Morgan Fleming Asset Management and given it to Bank Of Ireland Asset Management.

Principal Financial Group has put Larry Zimpleman and Daniel Houston in charge of its retirement division, following the impending retirement of Richard Prey.

The Los Angeles Water & Power Retirement Plan (WPERP) has dropped Capital Resources as its investment consultant as it prepares to conduct an asset liability study (ALS) later in the year.

Clerical Medical has announced it will reopen its segregated pension fund business, after an absence of almost half a year.

Global consultants Watson Wyatt has appointed Huw Williams as senior consultants in its human capital group.

Aberdeen Asset Management has acquired Ivory & Sime Asset Management (ISAM) from Friends Ivory & Sime, in a deal worth £8.6m, subject to regulatory approval.

Fund managers located worldwide find US equity earnings to be the best quality earnings and plan to become more weighted in this asset class, according to a monthly Merrill Lynch survey released today.

Alternative investments and hedge fund specialists Key Asset Management (UK) (KAM UK) has launched the Key Recovery fund - a distressed debt multi-manager fund.

Merrill Lynch has appointed Flavio Valeri as managing director of the firm's European equity capital markets division, where he will have pan-European sector responsibilities.