EUROPE - Northern Trust Global Investments (NTGI) has picked up two new globally sourced European equity mandates with appointments to a US$155m portfolio from the Hospital Authority Provident Fund Scheme in Hong Kong (HAPFS) and an undisclosed brief from the Queensland Investment Corporation (QIC) in Australia.

Andrew Parry, chief investment officer, international equities for NTGI, comments: "We are delighted to have both the Hong Kong Hospital Authority Provident Fund Scheme and Queensland Investment Corporation as clients of NTGI. Our appointment endorses our extensive experience and track record in providing consistent outperformance in European equities and our ability to meet clients' particular requirements across the globe."

The HAPFS, one of Hong Kong's largest occupational pension funds, provides retirement benefits and services to the staff of The Hong
Kong Hospital Authority (HKHA), an independent organisation accountable to the Hong Kong government through its Secretary for Health and Welfare.

The Queensland Investment Corporation (QIC) is one of the largest wholesale fund managers in Australia. The Corporation manages investments for Queensland related public sector superannuation and insurance schemes, the Queensland government and other approved investors.

HAPFS was advised by Towers Perrin Hong Kong and QIC was advised by an
in-house team.