Regions

Merrill Lynch Investment Managers (MLIM) its to add Invesco as a guest manager for its stakeholder platform in the UK.

Escher UK Asset Management has appointed Aegon Asset Management as the active fixed interest manager to all its active corporate and conventional bond funds.

The UK government has taken steps to allay trustees' fears over complying to regulations within the Data Protection Act.

A new set of guidelines for UK pension fund trustees and fund managers has been launched offering advice on how to improve the impact of pension fund investment on some of the world's poorest countries.

Dublin-based occupational pension coordinator Euroben has appointed Kenth Eldebrink as managing director.

Recommendations in the Myners report may turn out to be "stepping stones on the path to compulsory asset allocation in the UK", according to UK consulting actuaries Lane Clark & Peacock (LCP).

Canada's biggest pension fund, the C$125bn (US$81bn) Caisse de dépôt et placement du Québec (CDP), has bought a 45% stake in New York property One Park Avenue for C$360m from SL Green Realty.

The $1.9bn Dallas Employees Retirement System (ERS) will appoint a manager for its $300m equity real estate investment trust (REIT) mandate on August 14, 2001.

Belgian funds posted an average -0.07% return in 2000, according to the Belgian Association of Pension Funds' latest annual performance report, the third lowest total since the report began 16 years ago.

The $23bn Arizona State Retirement System is planning to dispose of its entire $200m real estate and mortgage portfolio and will begin a search in mid June for a commercial mortgage advisor to conduct the sale.