Regions

PricewaterhouseCoopers yesterday announced its acquisition of a 30% share in Callund Consulting, a UK based pension consultancy providing specialist advice to governments worldwide on the reform of national pension and health schemes.

Fixed income specialist PIMCO Europe has bagged two new specialist investment grade US bond portfolios worth a total of EUR300m from the pension fund for Italy's largest banking foundation, Fondazione Monte dei Paschi di Siena (MPS).

Aerospace manufacturer Boeing will lose Gary Bland, head of the company's pension funds, when the firm moves to Chicago.

Goldman Sachs Asset Management International in London is to strengthen its plan sponsor business with the appointment of Sally Marshall as executive director of UK institutional business, with effect from September 3, 2001.

Global firm William M Mercer has been appointed actuarial, administration and investment consultant for the ARVAL PHH defined contribution pension scheme.

State Street Global Advisors (SSgA), the investment management arm of State Street Corporation, has appointed Esperanza Duncan as credit analyst to its fixed income team in London.

State Street Bank in Munich, a wholly owned subsidiary of the Boston-based State Street Corporation, is to assist Volkswagen AG in developing and launching a company defined contribution pension fund.

Deutsche Asset Management (DeAM), has launched a passive investment management product, the Growth Optimal World Equity Portfolio (GrOWE).

Dunnett Shaw & Partners, the UK pensions IT consultancy firm, has announced the appointment of Craig Edgar as a senior consultant.

Merrill Lynch Investment Managers has appointed Peter Cannon as its new director of European high yield debt.