Regions

Market researchers Nunwood Consulting in the UK have completed a study for Friends Provident to benchmark satisfaction levels of intermediaries and corporate pensions' end clients.

Black Rock International in the UK has expanded its European equities team with the appointment Calum Smith as European credit analyst.

Global organisation Mellon Financial Corporation has launched Mellon Employee Benefit Solutions (MEBS) - a unit providing clients with defined contribution, defined benefit, and health and welfare plan services and programmes.

Glasgow Investment Managers has become compliant with the Global Investment Performance Standards (GIPS) and UK Investment Performance Standard (UKIPS).

Deutsche Asset Management (DeAM) and Henderson Global Investors will lose their mandates with the Royal National Pension Fund For Nurses (RNPFN), following Liverpool Victoria's acquisition of the fund.

Hedge fund manager Man Group has won a $200m mandate from the US based $105bn General Motors pension fund.

Global investment house Goldman Sachs Asset Management (GSAM) has appointed Gary Black as managing director, responsible for US institutional and third party businesses.

A leading pensions lawyer is hoping to lodge a class action over the compulsory purchase of annuities by women in the UK.

CalPERS, the $152bn California Public Employees' Retirement System, has formed a joint venture with Sunrise Assisted Living and AEW Capital Management to buy and operate seven assisted living residences for senior citizens.

SEI Investments has won a mandate to manage the North Dakota Retirement and Investment Office's (NDRIO) entire $280m US small cap equity portfolio.