Fund’s chief executive echoes AP3 in calling for re-think of buffer fund system reform
Swedish buffer fund says returns have outpaced income index
Pension fund for civil servants says banks not in violation of national, international legislation
Traditional banks, asset managers change legal form to limit liabilities for owners
AP1 and AP2’s Cityhold acquires Hamburg office
German regulator BaFin gives go-ahead to launch multi-employer Pensionsfonds
CEO questions why requirements proposed in light of EC’s decision not to include them in IORP Directive
Central bank says any decision on use of programme would be reached ‘in-house’
Financial Reporting Council seeks to clarify how sponsors will account under Generally Accepted Accounting Principles
Dirk de Vlaam to leave company on 1 December to pursue ‘other opportunities’
Head of UK institutional leaves for similar role in US active manager’s London office
PFA, RWC, AllianzGI, AXA IM, ING IM International, Kames, RBC GAM, Kempen, Kirstein
Banking specialist to head up investment, risk management at DKK417bn institution
Sovereign fund sets up standalone real estate leadership team, appoints CIOs for equity, asset and allocation strategies
Investor tenders $350m US high-yield mandate using IPE-Quest
EUROPE – European investor tenders $25m global high-yield debt mandate using IPE-Quest.
GLOBAL – Asian investor tenders $200m Singapore government debt mandate.
EUROPE – Continental pension fund tenders £50m, passive, UK Gilt mandate using IPE-Quest.