Global

The UK's Pensions & Investments Research Consultants is urging shareholders to vote against the reappointment of two Marks & Spencer directors.

Leading fund managers have called for small consultants to put more effort into researching investment into private equity.

AltaLink, a consortium of investors that includes the giant C$73bn (US$48.4bn) Ontario Teachers Pension Plan (OTPP), has bought TransAlta's electricity transmission network for C$850m (US$562.7m).

The £900m Durham County Council Pension Fund has selected two companies for a showdown for the role of Additional Voluntary Contributions (AVC) provider to run alongside existing stakeholder Equitable Life.

Jupiter Asset Management's socially responsible funds have been hit by the global economic slowdown.

The $650m (£458.5m) Ohio State Highway Patrol Retirement System (HPRS) is searching for a disability benefits consultant.

Merrill Lynch Investment Managers has won five new UK clients for its stakeholder and defined contribution services.

International fund managers Morgan Stanley Investment Management has bagged the Balanced Manager of the Year Award 2001 at the first European Pensions Awards 2001.

Deutsche Asset Management (DeAM) has bolstered its Eastern Europe, Middle East and Africa (EMEA) team with the appointment of Bryan Collings as its head and Andrew Ness as a fund manager.

Institutional investor demand has prompted UK-based Abbey National Asset Managers to offer a range of alternative investment funds for the first time.