Italy

ITALY - Italian airline Alitalia has appointed employee benefits firm Black Mountain to provide its actuarial, consulting and administration services for its UK pension scheme.

ITALY - The Italian Fondo Pensione Complementare per la Famiglia (Fondo Famiglia) - the fund for students, housewives, and part time workers - has appointed four investment managers to its fledgling fund.

ITALY - The Italian Fondo Pensione Complementare per la Famiglia (Fondo Famiglia), the fund for housewives and part time workers is on the verge of appointing four asset managers to its fledgling fund.

ITALY - Gartmore has opened up shop in Milan and appointed Nicola Meotti as firm's country head.

ITALY - Fopen, the EUR150m defined contribution scheme for Enel, the Italian electricity utility, has appointed five new investment managers to run mandates.

ITALY - Milan-based fund manager Akros Alternative Investments (AAI) - a joint venture between Italy's Bank Akros and Chicago-based investment advisor, HFR - has launched three hedge fund offerings aimed at the institutional and high net worth communities....

US/ITALY -US fund manager Northern Trust Global Investments, has been appointed to handle funds on behalf of Italian banking group, Mediolanum in its second European link-up.

ITALY - Henderson Global Investors (HGI) - the investment arm of Australian financial group AMP - has appointed Giorgio Giovannini as head of its Italian Office, based in Milan.

ITALY - Italy's economy minister Giulio Tremonti has reiterated proposals for the retirement age to be extended to 65 from 2008, or to 40 years of pension contribution, according to an interview in Corriere della Sera newspaper.