U.K.

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  1. AXA Investment Managers taps business development manager

    trueMartin Powis was named business development manager at AXA Investment Managers.

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  1. Plumbers & Steamfitters union sues over AbbVie, Shire merger

    truePlumbers & Steamfitters Local 60 Pension Plan, Metairie, La., filed a class-action lawsuit on Monday against AbbVie Inc., several AbbVie executives and Shire PLC regarding the combination of the two firms.

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  2. Ontario Teachers acquires remaining 50% share of Bristol Airport

    trueOntario Teachers' Pension Plan said Wednesday it will become the sole owner of Bristol International Airport in England after agreeing to buy the 50% share held by Macquarie Group.

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  3. Environment Agency Pension Fund picks manager for sustainable investment

    trueEnvironment Agency Pension Fund hired Ownership Capital to run £85 million ($138 million) in an active sustainable global equity strategy.

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  4. Pensions Trust taps Ownership Capital for global equity

    trueThe Pensions Trust, Leeds, England, hired Ownership Capital to run £130 million ($211 million) in active global equities.

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  5. U.K.'s Department for Work & Pensions names private pensions director

    trueCharlotte Clark was named director of private pensions at the Department for Work & Pensions.

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  6. Schroders chooses chief for Europe product and manager solutions

    trueHenriette Bergh joined Schroders as head of Europe product and manager solutions, ex-U.K., a spokeswoman said.

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  7. Uncertainty reigning prior to Scottish vote

    trueMoney managers, consultants and investors are for the first time being forced to take seriously the potential for a breakup of the United Kingdom.

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  8. U.K. to issue bond in renminbi

    trueThe U.K. government intends for Britain to become the first Western country to issue a bond in China's currency, the renminbi, said U.K. Chancellor of the Exchequer George Osborne.

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  9. British Medical Association selects Buck as pension fund consultant

    trueBritish Medical Association Staff Pension Scheme, London, hired Buck Consultants as investment consultant.

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  10. Alpha Strategic takes minority investment in Premium Point

    trueAlpha Strategic has made a minority revenue share investment in U.S. alternative money management firm Premium Point Investments.

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  11. Towers Watson: U.K. employees turning away from annuities for retirement savings

    trueU.K. employers expect only 40% on average of their employees to buy an annuity to fund their retirement once the government's new rules over defined contribution plans come into effect, beginning in April 2015, a Towers Watson survey found.

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  12. Kestrel Partners hires AP3 asset management head

    trueGustaf Hagerud will join Kestrel Partners in London as a partner.

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  13. Greater Manchester Pension Fund sticks with GVA Grimley for real estate

    trueGreater Manchester Pension Fund, Manchester, England, rehired GVA Grimley to run its real estate venture fund.

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