UK - Eden Group, the independent stockbroker and fund manager has made Jamie Stewart head of institutional research and marketing.
Stewart joins from the global equities trading house Instinet, where he spent four years as director of research for Europe.
Prior to this, having spent 17 years in the City as an equities specialist for Raiffeisen Zentralban, Banco de Brasil Securities and Deutsche Morgan Grenfell.
At Eden he will be responsible for creating and managing the development and distribution of independent research product for institutional clients.
With 24 new hires this year, this appointment takes Eden’s headcount to 70.
PTL has appointed Karein Davie as a client director in its Birmingham office.
The level of interest rate hedging increased to £29.5bn of liabilities in the second quarter as pension funds continued to de-risk, according to BMO Global Asset Management's research.
UK inflation has risen for the first time since November to 2.5% in July, up from 2.4% in June, thanks to rising fuel costs and the price of computer games.
The number of DB pension scheme trustees targeting a buyout with an insurer has increased significantly in the past five years, latest research from Willis Towers Watson shows.