Europe

UK - The £400m London Borough of Hammersmith and Fulham is tendering for £15m private equity fund of fund managers.

UK - Specialist financial information publisher AP Information Services is to publish all of Dun & Bradstreet's business directories.

UK - Leisure giant Rank has moved its £36m defined contribution scheme back into the state pension system in order to give members better benefits.

UK - Dividing the roles of chief executive and chairman does more harm than good to a company's performance, a major new study claims.

UK -Global investment bank, Lehman Brothers, has launched a treasury index covering the eight countries which joined the European Union at the beginning of May.

UK - Global indices provider, MSCI, has seen assets linked to its investable hedge fund index double in size in the last two months.

UK - Sales in booming buy-to-let areas will be further fuelled by government plans to allow investments in pension plans, accountants claim.

UK - Occupational and personal pensions will continue to be provided on a national basis despite European Union efforts to create a single pensions market, insurers claim.

UK - Isis Asset Management has launched four institutional pooled funds to "plug the gaps" in its product range.

UK - Tensions between institutional investors and big business has made the UK a world leader in corporate governance, Isis Asset Management claims.