All Alternatives articles – Page 148
-
News
Finatem picks up Hennings and deal flow from DZ
Germany- German mid-market private equity firm Finatem has appointed Robert Hennigs as partner and managing director of the firm’s second portfolio, which has recently has its first closing with commitments of €74m.
-
News
Epic hires Hermes' White
UK – Epic Investment Consulting, a pension fund trustee advisory company, has made snapped up Adrian White from Hermes and John Siska for its panel and asked the regulator to crack down on unauthorised independent advisers.
-
News
CalPERS earns $98.4m (€81.2m) from stock lending
US – CalPERS has earned $98.4m (€81.2m) from lending out about two-thirds of its securities in one year and is moving further into enhanced index strategies and away from index funds and active managers.
-
News
State Street buys out Mediolanum from their JV
ITALY- State Street Global Advisors has bought out Italian insurer Mediolanum SpA’s 50% stake in their fund management joint venture after a difference in strategies.
-
News
Lothian cuts UK equities weighting and Putnam
UK - The £1.9bn (€2.9bn) Lothian Pension Scheme has cut its UK equities weighting by 16.9 percentage points, about £320m, in its main fund, in a further sign of a shift of defined benefits schemes away from the asset class, which WM Company predicted would lead to a £174bn shift ...
-
News
Merrills says fund managers are obsessed with inflation
GLOBAL - Fund managers’ concerns about high global inflation driven by commodities and wages “ are verging on the obsessive,” according to David Bowers Merrill Lynch’s chief global and European equity strategist.
-
News
Petroleum Fund chief explains pay structure
NORWAY – The head of the 915.3 billion-crown (110 billion-euro) Petroleum Fund has outlined how the scheme’s employees who manage investment mandates are compensated – and signalled a move to more external managers.
-
News
IPE-QUEST: Institution tenders more than E331m
EUROPE - An institutional investor with offices in continental Europe has tendered more than 400 million dollars (331 million euros) in four equities briefs via IPE-Quest.
-
News
Mellon buys hedge fund firm Evaluation
US – Mellon Financial Corp. has bought hedge fund firm Evaluation Associates Capital Markets for an undisclosed sum.
-
News
Swiss MPs vote to use gold for pensions
SWITZERLAND - The lower chamber of the parliament has voted to endow the Swiss first pillar with half of the proceeds from the Swiss National Bank’s sale of 1,300 tons of gold.
-
News
IPE-QUEST- Belgian fund tenders hedge funds
BELGIUM - A Belgian pension fund has tendered a 25 million-euro hedge fund mandate for up to three managers via IPE-Quest.
-
News
AP7 names new fund management head
SWEDEN - The five billion-euro Sjunde AP-fonden, the seventh Swedish national pension fund, has hired ABN Amro’s Fvante Linder as head of fund management.
-
News
IPE-QUEST: Insurer tenders Chinese equities
EUROPE – A Continental European insurance company has tendered a 200 million-dollar active Chinese equities mandate via IPE-Quest.
-
News
Nestlé pension fund’s Gillbanks joins Saudi bank
SWITZERLAND – John Gillbanks, fund manager at the 6.2 billion Swiss franc (3.8 billion-euro) Nestlé Fonds de Pension, has left to join a Saudi Arabian bank.
-
News
PGGM awards E1bn tactical brief to Goldman Sachs
NETHERLANDS - Goldman Sachs Asset Management has been awarded a global tactical asset allocation mandate from PGGM worth a notional one billion euros.
-
News
Germany: BaFIN to rule on hedge fund investments
GERMANY- Financial regulator BaFIN says it will issue its rules on how pension funds and insurance companies can invest in hedge funds later this year.
-
News
AP1 issues clarification about hedge fund plans
SWEDEN – AP1 says recent press statements about it moving into hedge funds are “misleading” and that it will not start reviewing hedge funds until 2005 for possible investment.
-
News
Lancashire awards custody amid wider revamp
UK - The 2.4 billion-pound (3.56 billion-euro) Lancashire County Council Pension Fund says it will appoint ABN Amro Mellon as its custodian.
