Scottish Widows Investment Partnership has promoted David Mitchell to investment director within its property team.

Mitchell, will be responsible for running SWIP's UK Balanced Property Trust. The new £227m (€367m) fund was launched in March this year. Mitchell will also be responsible for the £170m Airport Industry Property Portfolio.

Briefs: Scottish Widows/Royal & SunAlliance/Watson Wyatt

Royal & SunAlliance

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Former chair of the John Lewis Partnership is joining the Canadian pension fund giant early next year

One of the top investors in Adani Group launched an on-market share buyback to protect its share price against the contagion from a U.S. investigation into the Indian conglomerate.

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The U.S. auditing watchdog voted to require certain audit firms to disclose eight new metrics ranging from auditor turnover to partner involvement and restatement history.

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Research group GfK’s measure of consumer confidence climbed to minus 18 in November’s survey from minus 21 in October.

U.K. Consumers Cheerier Ahead of Holidays as Budget, U.S. Election Jitters Fade

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