Advisers – Page 126
-
News
CSAM hires Pictet’s Hayes for pooled pensions
UK - Credit Suisse Asset Management has named Jonathan Hayes as director and head of pooled pensions business development.
-
News
Population ageing could hit euro – Commission
EUROPE – The European Commission has warned that population ageing may be one of the “asymmetric shocks” that could hit the euro.
-
News
Watson Wyatt to measure its own advice
UK – Consulting firm Watson Wyatt is working on measuring its own investment strategy advice, according to one of its senior consultants.
-
News
New TIAA-CREF institutional arm to eye Europe
EUROPE – The new institutional asset management arm of US education retirement system TIAA-CREF will have a presence in Europe before too long, says one of its top executives.
-
News
Watson Wyatt to buy KPMG Irish unit
EUROPE- Consulting firm Watson Wyatt is to buy the pension and actuarial group of KPMG in Ireland for an undisclosed sum.
-
News
Hewitt sees take-up of unconstrained benchmarks
UK – Hewitt bacon & Woodrow says six of its pension fund clients have so far adopted the so-called ‘unconstrained benchmark’ approach – with more evaluating such a move.
-
News
ChevronTexaco scheme taps BIAM for equities
NETHERLANDS- The Bank of Ireland Asset Management has been awarded a mandate from the US energy group ChevronTexaco to manage global equities for its 240 million-euro pension fund in the Netherlands.
-
News
Spanish pension fund assets rise 14%
SPAIN - The assets managed by Spanish pension funds rose more than 14% in 2003, according to the economy ministry.
-
News
Pensions grow to 41% of asset management - report
GLOBAL - Pension fund assets have risen to 41% of the asset management industry's client assets in Benelux, France, Germany and Italy, up from 41%.
-
News
Mellon consulting arm hires Hymans’ George
UK - Mellon Financial Corp.’s Human Resources & Investor Solutions arm has named Marian George as a senior investment consultant.
-
News
Italy’s Espero teachers’ fund tenders admin
ITALY - Fondo Scuola Espero, the new government-backed pension fund targeting 1.1 million teachers, has tendered for a manager to take on its administration and accountancy function.
-
News
SEI names Harris as France asset mgmt head
FRANCE - SEI Investments has appointed Damian Harris as new head of asset management in France after Jean-Yves Foucat left the company to become an independent consultant.
-
News
New 3i CEO gets extra cash to beat pension cap
UK – The new chief executive of venture capital firm 3i is to get an extra 200,000 pounds (299,600 euros) a year on top of his salary to enable him to beat the government’s controversial 1.5 million-pound lifetime pension cap.
-
News
Railpen names Johnson as finance director
UK - The 14 billion-pound (20.8 billion-euro) Railways Pension Trustee Co. has appointed Frank Johnson as finance director following the retirement of Malcolm Gray.
-
News
VB presents draft governance code
NETHERLANDS – The Dutch Association of Industry–wide Pension Funds, the VB, has presented its draft code for pension fund governance.
-
News
Swedish pension market in midst of restructure
SWEDEN - The crisis in the Swedish mutual life insurance market is leading to a shake-up in the pensions industry, Alex Inkapool writes.
-
News
France’s FRR awards transition management brief
FRANCE – The French reserve fund, the Fonds de réserve pour les retraites, has awarded a transition management mandate to Goldman Sachs International for three years.
-
News
Italy names new president of Mefop pension body
ITALY - The Association for the Development of pension funds, Mefop, whose major stake-holder is the finance ministry, has appointed a new president after Marcello Messori stepped down at the end of his term.
-
News
CalPERS names exec to oversee managers, advisors
US – CalPERS has named Anne Stausboll as assistant executive officer, tasked with overseeing external manager and consultant searches and the coordination of internal investment policy.
