Advisers – Page 86
-
News
PPM tenders performance evaluation
SWEDEN - Sweden’s Premium Pension Authority, PPM, is seeking a consultant for, among other things, performance evaluation of its external asset managers.
-
News
Novartis pension fund returns 6.2%
SWITZERLAND – Novartis’ pension fund, one of Switzerland’s biggest with CHF14.6bn (€9.3bn) in assets, has reported a return of 6.2% for 2005 - well below the 11% average for other Swiss schemes.
-
News
SSGA names Owen as UK institutional sales head
UK - State Street Global Advisors has named Citigroup Asset Management's Richard Owen as head of institutional sales for the UK and Ireland.
-
News
Germany’s Feri and MLP intensify cooperation
GERMANY – Investment consulting and wealth management firm Feri Finance has agreed to intensify its asset management and investment product tie with independent financial advisor MLP.
-
News
DB buyout firm Paternoster hires from Hewitt
UK – Paternoster, the new UK defined benefit pension buyout firm, has hired Hewitt Associates’ principal consultant Cliff Speed.
-
News
USS mulls €8.7bn switch from equities – FT
UK – The Universities Superannuation Scheme is considering a £6bn (€8.7bn) shift out of equities into alternative assets such as private equity and infrastructure investments, according to a news report.
-
News
Swiss teachers fund BLVK rejects legal action
SWITZERLAND – The CHF4.6bn (€2.95bn) Berne teachers pension fund BLVK says it won’t take legal action against those deemed responsible for its financial woes – despite calls from members.
-
News
FIM Asset Management hires two from Nordea
FINLAND – FIM Asset Management has hired two executives from Nordea, with Petri Aho becoming head of international sales and Jouni Salmenkivi head of fixed income.
-
News
Greater Manchester tenders investment consultancy
UK – The £8.5bn (€12.4bn) Greater Manchester Pension Fund has tendered for a new actuarial and investment consultant.
-
News
Metzler says German pensions business booming
GERMANY – Metzler Asset Management says its German corporate pensions business is booming, with contributions from the business set to more than double to €250m in 2006 from €105m in 2005.
-
News
Reuters injects €336m to cut pension deficit
UK – News and information group Reuters is to inject a total of £230m (€336m) into its pension funds to help eradicate a £265m deficit.
-
News
US proxy firm Glass Lewis expands into Europe
EUROPE – US proxy research and institutional voting services firm Glass, Lewis & Co. has opened a European headquarters in London.
-
News
German corporate pension assets rise 4.1%
GERMANY – Corporate pension assets in Germany totalled €381bn at the end of 2004, up a moderate 4.1% from €366bn a year earlier, according to the statistics from German occupational pensions association Aba.
-
News
NAPF’s Ellison to chair IPE Real Estate event
NETHERLANDS – National Association of Pension Funds chairman Robin Ellison is to chair IPE Real Estate’s Investor Forum & Awards in Amsterdam on June 1.
-
News
Dutch actuaries fear stifling FTK
NETHERLANDS - The Dutch Actuarial Society has asked social affairs minister Aart Jan de Geus not to set rules for analysing pension funds.
-
News
Towers Perrin teams up with Germany’s Gassner
GERMANY – Rauser Towers Perrin has further expanded its presence in Germany’s occupational pensions market by teaming up with Gassner and Partners, a Stuttgart-based pensions and actuarial advisor.
-
News
Blacket offers online fund manager “barometer”
UK - Blacket Research is launching a free online service for pension schemes called the Fund Manager Barometer within the next few weeks.
-
News
Mercer sees growth in lifecycle fund providers
GLOBAL – The number of lifecycle fund providers is likely to increase “significantly” in the future, according to a Mercer Investment Consulting research report.
