Advisers – Page 74
-
News
Watson reports strong investment advice demand
GLOBAL – Strong demand for investment strategy advice was behind a 36% increase in first-quarter investment consulting revenues at Watson Wyatt.
-
News
Fortis eyes trustee governance
NETHERLANDS – International financial service group Fortis’ Dutch governance arm wants to educate pension fund trustees to take a more hands-on governing approach, the firm said today.
-
News
Strathclyde seeking transition manager
UK – Glasgow City Council is seeking a transition manager for the movement of assets relating to planned and future investment changes in its £8.8bn (€12.3bn) Strathclyde pension fund, the local authority announced today.
-
News
New Dutch investment consulting firm launched
NETHERLANDS – Jacco Koopmans, a former senior investment consultant at Hewitt Associates in the Netherlands, has started his own investment consultancy firm.
-
News
Hannover Re puts €3bn into foreign bonds
GERMANY – Ampega, the asset manager for German re-insurer Hanover Re, has confirmed that, on behalf of the re-insurer, it is awarding €3bn worth of investment mandates for non-European bonds.
-
News
Watson nabs Deloitte’s Gambini for Italy role
ITALY – Watson Wyatt has set up an Italian insurance consulting unit and hired a Deloitte consultant to lead it.
-
News
ISS sold to RiskMetrics
GLOBAL – Proxy voting agency Institutional Shareholder Services (ISS), globally the largest adviser to pension and mutual funds on casting shareholder votes, is to be sold for $553m (€434m) to RiskMetrics.
-
News
Eurosif head of research Tagger leaves
EUROPE – Jerome Tagger, head of research at the European Social Investment Forum (Eurosif), has left and won’t be directly replaced.
-
News
Complementa consultant Frei to leave
SWITZERLAND – Michael Frei, investment controller at Swiss pension consultant Complementa Investment-Controlling, is to leave the company on December 20, it was confirmed.
-
Features
Pensions open for outsourcing
In the current regulatory and accounting environment in Holland, outsourcing is an idea whose time has come. AZL, a leading Dutch provider of pension fund management services, explains its plans to Cyril Widdershoven
-
Features
Co-operation is the way forward
As accounting rules tighten, more legislation is introduced and investment becomes more complex, a growing number of Dutch pension funds are contracting out their asset management and administration. Two leading providers of pension fund management services – Cordares and Mn Services – have responded to these developments by pooling their expertise. Leen Preesman and David White talk to the architects of this alliance
-
Features
Contradictions at heart of IFRS
Are the IFRS at odds with the Solvency II recommendations on good risk management practices in insurance companies, Philippe Foulquier asks
-
News
Hampshire tenders advice on alternatives
UK – The £2.5bn (€3.7bn) Hampshire County Council Pension Fund is seeking advice on alternative investments. The tender follows an overhaul of the fund’s management structure from multi-asset to specialist mandates.
-
News
FTSE 100 deficits fall to €62.8bn - Watson
UK – Pension deficits at blue-chip UK firms have declined to a four-year low of £42bn (€62.8bn) thanks to favourable investment markets, according to Watson Wyatt.
-
News
Mercer enters asset management with MGI launch
EUROPE – Mercer says it is effectively entering the European asset management market with the launch of its multi-manager offering, Mercer Global Investments.
-
News
Paternoster CEO outlines “keys to success”
UK – Mark Wood, chief executive of Paternoster, has outlined what he terms the keys to the success of the new breed of pension buyout firms.
-
News
Smaller schemes chase ‘more liquid’ property
REAL ESTATE - Robin Goodchild, head of European investment at property firm LaSalle, this week urged large pension funds to invest directly in real estate and claimed smaller ones were re-thinking their lack of exposure.
-
News
Aviva’s annuity sales fall 6%
UK – Insurance group Aviva has become the latest to warn about pricing pressure in the UK’s bulk annuities market after reporting a 6% decline in total annuity sales.
-
News
Irish fund servicing industry reaches $1.2trn
IRELAND – Over $1.2trn (€955bn) in funds were serviced in Ireland as at 30 June 2006. The industry grew 28% over the last year, according to Lipper Fitzrovia’s 12th annual Dublin Fund Encyclopedia.
-
News
EU Commission report to analyse UCITS
BELGIUM – The European Commission’s Directorate-General for Internal Market and Services is looking to commission a €600k comparative analysis of investment funds in the European Union.
