Regions

Northern Trust was awarded custody of the Equitable Life Assurance Society and University Life Assurance Society's £17bn UK equity and gilt portfolios.

A man mis-sold a pension by his Individual Financial Advisor (IFA) went before the UK High Court this week to see if he will have to hand over the value of his Norwich Union windfall payments if he wants to receive compensation.

Northern Trust Global Investments (NTGI) has been appointed by Thermofil Polymers Pension Scheme to run a £4.7m multi-manager brief.

South Africa's investment and asset management industry needs to be more transparent in reporting investment performance to the investing public, according to Sam Camilleri, chief executive of Gryphon Asset Management.

New York Life Investment Management (NYLIM) has appointed Steven Schneider as senior managing director and chief financial officer.

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.