Advisers – Page 158
-
News
German institutions slash equity holdings to 19%
GERMANY- German institutions have decreased their asset allocation to European stocks from an aggregate 27% to 19% over the last two years, according to a survey by US-based consultants, Greenwich Associates.
-
News
Cardano hires NIB's ex-CIO van Gelderen
NETHERLANDS- Cardano Risk Management, the Dutch derivatives and ALM research firm has appointed Eduard van Gelderen as a director responsible for marketing its products.
-
Features
Watsons to publish data
Watson Wyatt is following the lead of rival consultant Mercer Human Resource Consulting with publication next January of data on performance of the managers it recommends. The consultants will publish data on theoretical portfolios, divided along various asset classes and run by those managers recommended. Head of European investment consulting ...
-
News
Multinationals centralise pensions activities
GLOBAL- Multinationals across the world are centralising the management of their pension fund arrangements according to a new survey by the consultant Watson Wyatt.
-
News
Gartmore appoints head of consulting group
UK- Gartmore Investment Management has appointed Shamus Young to the position of head of global consulting group. Young, previously account director on the Gartmore institutional client services team, will be responsible for managing all aspects of Gartmore's relationships with investment consultants and institutional manager of managers.
-
News
Spanish market set to disappoint foreign managers
SPAIN- Spain’s expanding pensions marketplace may not provide as many opportunities to foreign fund managers as initially thought says Cerulli Associates, Boston-based strategic research and consulting firm.
-
News
Axa transfers e5.6bn to Axa Rosenberg
UK- AXA IM will transfer approximately £3.5bn (e5.6bn) of its Continental Europe and global equity mandates to its specialist global equity affiliate, AXA Rosenberg, following a strategic review.
-
News
Schroders replaces Invesco on e50m Asian fund
UK- Cardiff County Council’s e890m pension scheme has replaced Invesco by Schroders Investment Management as manager for its Asian equity portfolio.
-
News
MLIM loses e637m mandate as BAA changes strategy
UK- Merrill Lynch Investment Managers has lost a £400m (e637m) UK equities mandate following the decision by the British Airports Authority pension fund (BAA) to cut its UK exposure in favour of global equities.
-
News
IPE publishes top 1000 European pension fund list
EUROPE- Pension fund assets in Europe continue to grow in spite of the downturn in global financial markets. IPE’s annual survey of Europe’s leading pension funds pension funds shows that the top 1000 funds now account for E2.3trn in assets, up from E2.1trn last year. A total of 47 of the top 100 pension funds report a rise in assets.
-
News
FTSE Group opens Spanish office
UK/SPAIN- Index provider FTSE Group today has announced it is opening an office in Madrid to serve markets and investors in Spain, Italy and Portugal.
-
News
NAPF leads call for abolition of stamp duty
UK- Leading global financial authorities gathered today to call on the UK government to abolish stamp duty on UK share transactions. The average cost of stamp duty to consumers in defined contribution company pension schemes is about £8,000 over a 25-year contribution period and in the case of defined benefits ...
-
News
L&G remains largest manager of UK pension assets
UK- Legal & General remains the largest manager of UK pension fund assets according to the latest edition of an annual survey of investment managers by the independent consultant Hymans Robertson.
-
News
Leon Brasseur joins FRA Benefits Consultants
BELGIUM- Ex-head of the Belgian Pension Fund Society Léon Brasseur is joining FRA Benefits Consultants near Brussels as a senior consultant. Brasseur worked with the Belgian Pension Fund Society for 17 years as a director as well as working as manager of the contingency fund for pharmacists.
-
News
Hewitt signs agreement with Benefit Network
NORDIC- The joint venture between the consultants Hewitt and Swedish consultant Loneanalyser has signed an alliance with the Norwegian consultant Benefit Network in a bid to offer more comprehensive consulting services in the Nordic region.
-
News
Assets of top 300 pension funds fell 12% in 2001
GLOBAL- Assets held by the world’s largest 300 pension funds fell by 12% according to research by consultant Watson Wyatt and Pensions & Investments.
-
News
Schroders sells pensions group to Alexander Forbes
UK- South African financial services group Alexander Forbes and its consultant subsidiary Lane Clark & Peacock have announced they are to buy the Schroder Pensions Group, which administers defined contribution schemes, for £22.5m.
-
News
Management fees in Europe set to fall
EUROPE- Average gross fees are expected to decline across Europe’s asset management industry at a rate of 2% a year over the next four years, according to consultant Oliver, Wyman and Company and UBS Warburg.
-
News
Russell/Mellon CAPS adds to client relations team
UK- Russell/Mellon CAPS has beefed up its client relations team with the appointment of Anthony Stevens. Stevens reports to business development manager Allison Langley and will work primarily with CAPS’ asset manager clients.
