UK - Aberdeen Property Investors' parent company Aberdeen Asset Management has announced its intention to float API on the main market of the London Stock Exchange.
The flotation, subject to various consents, is planned to take place within the first half of 2003.
It is intended Aberdeen will retain a significant minority shareholding in API. API has assets under management of £6bn.
It has a strong presence in the UK and European property markets with assets split geographically between the UK, Continental Europe and the Nordic Region.
The Environment Agency Pension Fund (EAPF) has joined a coalition of 88 investors to demand companies disclose more information on environmental impact.
The cross industry guaranteed minimum pension (GMP) equalisation working group has formed five sub-committees to each work on a key component of the guidance.
KAS Bank has launched an end-to-end cost transparency solution for defined contribution (DC) schemes to assist in the delivery of chair's statements.