Advisers – Page 96
-
News
Managers, strategy under scrutiny at Co-Op
UK – The Co-operative Group’s decision to shut its final salary scheme and create a single £4.7bn (€6.8bn) career-average salary fund will put both investment strategy and fund managers under review if trustees formally approve the change.
-
News
PGGM’s Prins takes over at OPF
NETHERLANDS – Frans Prins, public affairs director at health care scheme PGGM, has been appointed as the new director of the Dutch company pension fund association OPF.
-
News
Netspar partnership director Bakker to leave
NETHERLANDS - Rob Bakker, director of partner contacts at Dutch pensions network Netspar, is to leave next month, the organisation has announced.
-
News
Vanguard committed to Europe despite departures
NETHERLANDS – Vanguard said it remains committed to its European institutional business despite a number of executive departures.
-
News
UK actuaries slam ‘dumbed down’ Britsaver plan
UK – The Association of Consulting Actuaries believes Lord Turner is wrong to think that defined benefit pension schemes are doomed – and that the proposed ‘Britsaver’ plan represents a dumbing down.
-
Features
Go global or go local?
With pensions funding now top of the agenda for sponsors as well as trustees, many multinationals are keen to understand more about the schemes they back. Using a large international consultancy to get an overview can help them do this, and some companies are going down that route. But at ...
-
News
Delta Lloyd’s Bostanci wins IPE/AIMSE scholarship
GLOBAL - The 2005 IPE/AIMSE Scholarship has gone to Sibel Bostanci, head of institutional sales at investment management firm Delta Lloyd in Germany.
-
News
Allianz Global Investors sets up Luxembourg arm
EUROPE – Allianz Global Investors has founded a subsidiary in Luxembourg from which it plans to bolster its European presence, especially where investment funds are concerned.
-
News
Bank of Ireland buys into alternatives group
IRELAND – The Bank of Ireland has agreed to buy more than 70% of US hedge fund group Guggenheim for €154m.
-
News
Dutch Treasury won’t issue index-linked bonds
NETHERLANDS - The Dutch State Treasury Agency won’t issue index-linked bonds in the near future, it said in its outlook for 2006.
-
News
Germany’s FERI to expand into Switzerland
GERMANY – FERI Institutional Advisors plans to break into the Swiss institutional market sometime in 2006, according to Arnd Thorn, who took over as FIA’s chief executive last August.
-
News
OECD flags up scarcity of government bonds
GLOBAL – The Organisation for Economic Cooperation and Development has flagged up the potential scarcity of high-quality long-term government bonds for pension funds.
-
News
EU’s Almunia sees no changes to social model
EUROPE - Joaquín Almunia, the European Commissioner for Economic and Monetary Affairs, says the continent’s social models will not have to be sacrificed to deal with population ageing and globalization.
-
News
ABP, PGGM award €11bn private equity mandate
NETHERLANDS – ABP and PGGM, the two largest Dutch pension funds, have awarded a new €11bn private equity mandate to AlpInvest.
-
News
Hewitt names Szelecki as East European head
EUROPE – Hewitt Associates has named Zsolt Szelecki to head its European emerging markets group covering mostly Eastern European countries.
-
News
International pensions now mostly DC – Mercer
GLOBAL - Two-thirds of companies with international pension plans now use defined contribution arrangements, according to a survey from Mercer Human Resource Consulting.
-
News
Fidelity setting up multi-manager business
UK – Fidelity Investments is setting up a multi-manager business that will eventually offer manager of managers services.
