All Alternatives articles – Page 122

  • News

    Germany’s FERI to expand into Switzerland

    2005-12-19T03:42:00Z

    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

    Goldman Sachs AM gets $8bn inflow in quarter

    2005-12-16T03:59:00Z

    GLOBAL – Goldman Sachs Asset Management had a net asset inflow of $8bn (€6.7bn) in the fourth quarter of 2005 – taking its total inflows in the year to $63bn.

  • News

    Hoogovens scheme’s Bronger joins Robeco

    2005-12-16T03:57:00Z

    NETHERLANDS – Patrick Bronger, senior investment manager at the €5.3bn Hoogovens pension fund, has joined Robeco’s hedge fund department.

  • News

    ABP, PGGM award €11bn private equity mandate

    2005-12-15T03:43:00Z

    NETHERLANDS – ABP and PGGM, the two largest Dutch pension funds, have awarded a new €11bn private equity mandate to AlpInvest.

  • News

    DeAM, Trinkaus in running for Henkel CTA

    2005-12-14T03:26:00Z

    GERMANY – Industry sources say Deutsche Asset Management and HSBC’s Trinkhaus Capital Management may be in line to advise chemicals firm Henkel on its planned contractual trust arrangement – an external fund to finance more than €1bn in pension liabilities.

  • News

    FRR to hold private equity informational meeting

    2005-12-12T03:18:00Z

    FRANCE – The Fonds de Réserve pour les Retraites, the French Pensions Reserve Fund, is to hold a meeting for asset managers later this month about its private equity RFP.

  • News

    Mercer names multi-management president

    2005-12-09T03:46:00Z

    GLOBAL – Mercer has named Fidelity’s Phil de Cristo as president of its multi-manager arm Mercer Global Investments, a new role.

  • News

    Study finds pension funds are fickle

    2005-12-08T04:05:00Z

    EUROPE – Pension funds are the most fickle of all European institutional investors when it comes to asset managers, according to a new study.

  • News

    ATP named best European pension fund 2005

    2005-12-07T04:40:00Z

    EUROPE – Denmark´s ATP has been named overall Best European Pension Fund in 2005 at the annual IPE Awards in Berlin. It was also named Best European Public Pension Fund as well as scooping the top award for Denmark and risk management.

  • News

    Loss of key people impacts Norway’s Petrol Fund

    2005-12-07T03:31:00Z

    AMSTERDAM – The loss of key people is the main reason why fund managers are fired by the Norwegian Petroleum Fund, according to its chief executive Knut Kjær.

  • News

    MSIM hires ex-GSAM European equities co-CIO

    2005-12-05T04:21:00Z

    EUROPE - Hywel George, former co-chief investment officer of European equities at Goldman Sachs Asset Management, has joined rival Morgan Stanley Investment Management.

  • News

    Hermes plans commodity fund for pension schemes

    2005-12-05T03:43:00Z

    UK - Hermes Pensions Management is planning to launch an index commodity fund exclusively for pension schemes early next year.

  • News

    ABP cuts pension premiums in unexpected move

    2005-12-01T06:44:00Z

    NETHERLANDS – ABP, the largest Dutch pension fund, says its pension costs for members will be lower than last year.

  • News

    Retired rich are huge untapped market -- McKinsey

    2005-12-01T03:54:00Z

    UK -- Retiring and retired individuals in Europe represent a huge opportunity for any player which really decides to focus on the market, according to management consultants McKinsey in a recent report.

  • Features

    Negative times here again

    December 2005 (Magazine)

    Against a backdrop of lacklustre performance in almost all markets (eg, stocks, bonds and commodities), and more generally, of a decline in the risk appetite of investors, all hedge fund strategies performed negatively in October, for the first time since April. Unsurprisingly, the strategies most harshly hit by the fall ...

  • Features

    Basque fund develops venturesome role

    December 2005 (Magazine)

    Geroa EPSV is a defined contribution pension fund which was set up to complement the Spanish state pension scheme. It covers employees in Gipuzkoa, one of the three provinces making up the Basque Country region. The fund has 100,000 contributing members and is currently worth about €500m. Geroa was started ...

  • Features

    Behind the curve

    December 2005 (Magazine)

    September was a good month for funds of funds all round, with the Eurekahedge indices returning upwards of 1% across almost all strategies and regions. The month saw a departure (positive) from August’s shallower returns, and a return to the more robust pre-August rising trend. The Eurekahedge Global Fund of ...

  • Features

    Spain catches PE fever

    December 2005 (Magazine)

    Compared with the rest of Europe, Spain’s involvement with private equity has soared over the past year or two. Last year, according to the European Venture Capital Association. private equity investment equalled 0.246% of the country’s gross domestic product, placing it fifth in the European rankings, ahead of countries such ...

  • Features

    Inaccessible class opens up

    December 2005 (Magazine)

    Commodities may be latecomers to the diversification game, but market commentators suggest they are winning an increasing share of institutional investors’ portfolios. Changes in the commodities market - driven largely by increasing demands from the booming Chinese and Indian manufacturing industries - have increased demand for commodities, and made them ...

  • Features

    Comfort from derivatives

    December 2005 (Magazine)

    IPE asked three pension funds in three countries – Denmark, the Netherlands and Switzerland – the same question: ‘Do derivatives perform a useful function in pension fund portfolios or are too costly, complicated and risky?’ Here are their answers: Hasser Jørgensen, chief investment officer at Denmark’s PFA Pension which ...