All Alternatives articles – Page 116
-
News
Ex-Robeco CIO Vriezen to run C&A assets
NETHERLANDS - The former chief investment officer of Robeco, Marnix Vriezen, has taken over the management of the €1bn assets of the pension fund of C&A Nederland, the Dutch arm of the international clothes retailer.
-
News
Germany’s BVK to allocate €1bn to hedge funds
GERMANY – Bayerische Versorgungskammer (BVK), Germany’s largest pension fund with €38bn in assets, plans to raise allocations to hedge funds to €1bn by the end of 2006 - from €150m currently.
-
News
10% of large UK schemes now in hedge funds
UK – Some 10% of large UK pension funds now invest in hedge funds, according to a survey by Mercer Investment Consulting.
-
News
German boutique Lupus opens Vienna office
AUSTRIA – Lupus alpha, a Frankfurt-based asset management boutique, has opened a new sales office in Vienna as part of a push into the Austrian institutional market.
-
News
Allianz hails pension, asset management demand
EUROPE – Insurance giant Allianz has attributed continued strong demand for its pension and asset management products for a double-digit increase in earnings during 2005.
-
News
DNB consults on pension reporting pre-FTK
NETHERLANDS – The Nederlandsche Bank, the Dutch central bank, is consulting on pension reporting ahead of the implementation of the new FTK (Financial Assessment Framework) and Pension Law.
-
News
NAPF Conference: Hitchen on flight to bonds
UK - A flight to bonds is short-term thinking, according to Chris Hitchen, chairman of the National Association of Pension Fund's investment council.
-
News
GSAM gets $25bn asset inflow in quarter
GLOBAL – Goldman Sachs’ asset management business gained $25bn (€20.8bn) in net asset inflows in the first quarter.
-
News
Akzo Nobel working under PPF on UK scheme
UK – Dutch-based chemicals and coatings firm Akzo Nobel is working under Pension Protection Fund regulations on the situation at one of its UK subsidiaries.
-
News
ABP’s Boogaard joins Straatman at Pearl (updated)
NETHERLANDS – ABP Investments fundamental stock selection fund manager Erna Boogaard has quit to become external management head at Pearl Group – entrepreneur Hugh Osmond’s UK-based life assurance fund investment vehicle. (updated)
-
News
Fortis buys Caribbean-based hedge fund firm
GLOBAL – Fortis Prime Fund Solutions, the fund-servicing arm of Fortis Merchant Banking, has acquired Hedge Fund Services (HFS) for an undisclosed amount.
-
News
AXA IM posts 25% rise in AUM
GLOBAL – AXA Investment Managers’ assets under management rose 25% to €432bn in 2005, according to the annual results.
-
News
DeAM's Harrison named MPC Investors’ CEO
UK – Peter Harrison, former Deutsche Asset Management global chief investment officer, has been appointed chief executive of MPC Investors and member of the board.
-
News
Goldman Sachs AM names new Europe head
GLOBAL – Goldman Sachs Asset Management has shuffled its senior management, with European co-head Suzanne Donohoe returning to the US and Stephen Fitzgerald becoming Europe and Asia head.
-
News
AP7 puts hedge funds on watch
SWEDEN – Sjunde AP-fonden, the roughly SEK66bn (€7bn) Seventh Swedish Pension Fund or AP7, has put its only two fund of hedge fund mandates on a watch list due to underperformance and administrative issues.
-
News
No initiative on scheme takeovers – UK regulator
UK – There’s no specific initiative to allow investment banks, asset managers or hedge funds to take over pension schemes of financially challenged firms, the Pension Regulator says.
-
News
Institutions ‘should beware commodity indices’
SPAIN - Institutional investors were put into the dock on their approach to commodities indices, at the World Cup of Indexing Conference.
-
News
Hewlett in Germany taps GSAM, SSGA
GERMANY – The pension fund for Hewlett-Packard Deutschland has awarded two fixed income mandates to Goldman Sachs Asset Management and one emerging market equity brief to State Street Global Advisors.
-
News
Big German schemes to avoid new linkers
GERMANY – BVV, Germany’s largest Pensionskasse or traditional pension fund, has no immediate plans to buy the new inflation-linked bonds to be issued by the German government from next week.
-
News
Actuaries ‘lack enthusiasm’ for longevity bonds
UK – Actuaries have expressed scepticism about the potential for the longevity bonds market to take off.
