Regions

Global consultants William M Mercer has appointed Clive Wright as European partner and client manager, based in London.

International financial solutions provider Brown Brothers Harriman (BBH) has bagged a US$1bn global subcustodian mandate from rivals Northern Trust.

Pooled fund manager Orbitex Investments is challenging its competitors to adopt the Information Ratio risk measurement index and to increase industry transparency.

The $12bn (£8.3bn) Indiana Public Employees' Retirement Fund (PERF) has hired Strategic Investment Solutions (SIS) as its new alternative investment consultant and is looking to make private equity investments in the first quarter of 2002.

Baring Asset Management is set to harmonise its pan-European equity platform with the appointment of Jan Mantel as head of the new UK and Europe investment team.

Complaints to the UK's Occupational Pensions Advisory Service have soared to record levels.

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.