Merrill Lynch Investment Managers has appointed Nick McLeod-Clarke to its 14-person Select team, which manages larger balanced portfolios for UK institutional clients. McLeod-Clarke, set to start in February 2001, will report to Andreas Utermann, head of the Select team.

Standard Life Investments has selected Paul Pasquill as investment director. Reporting to Alan Burton, the managing director of mutual funds, Pasquill will have overall responsibility for the company's mutual funds. In

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