All Alternatives articles – Page 73

  • News

    Gauzès proposes 138 changes to AIFM Directive (additional comment)

    2009-11-27T15:55:00Z

    [16:55 CET 27-11] EUROPE - Jean-Paul Gauzès, rapporteur for the European Parliament’s Committee on Economic and Monetary Affairs has proposed 138 changes to the European Commission’s Directive on Alternative Investment Fund Managers (AIFM), in a draft report published yesterday.

  • News

    Personal accounts get support for alternative assets

    2009-11-25T15:25:00Z

    [16:25 CET 25-11] UK – The Personal Accounts Delivery Authority (PADA) has revealed that around 80% of pensions social partners support the use of alternative assets in the investment strategy of personal accounts, with property and commodities considered the most appropriate diversifiers.

  • News

    Aberdeen to take on Bramdean alternatives (amended)

    2009-11-25T12:30:00Z

    [13:30 CET 25-11] UK – The Hampshire local authority pension fund will see some of its alternative investment mandates managed by Aberdeen Asset Management in the near future, as former supplier Bramdean Alternatives has signed a deal to hand over control.

  • News

    AIFM needs 'lots of changes' – EU's Bowles

    2009-11-20T13:00:00Z

    [14:00 CET 19-11] EUROPE – Sharon Bowles, Chair of the Committee on Economic and Monetary Affairs at the European Parliament, said the Alternative Investment Fund Managers (AIFM) directive needs “a lot of changes” as she fears it could make pensions unaffordable in its current form.

  • News

    Man Group sees managed account business surge

    2009-11-06T15:55:00Z

    [16:55 CET 06-11] GLOBAL - Pension funds and other institutional investors are behind a surge in managed account demand at Man Group’s newly-created multi-manager business.

  • News

    Lambeth tenders bulk of pension in strategy overhaul

    2009-11-06T15:45:00Z

    [16:45 CET 06-11] UK – The London Borough of Lambeth is tendering seven investment mandates for its £700m (€781m) pension fund as it has overhauled its strategy to include new investment classes such as fund of hedge funds and active currency.

  • Private equity fundraising falls in 2009
    Asset Class Reports

    Private equity fundraising falls in 2009

    2009-11-05T12:30:00Z

    [13:30 CET 05-11] GLOBAL - Private equity funds have raised only $150bn (€101bn) in the primary business market so far this year as the financial crisis has made investors more cautious, according to private equity placement agent Triago.

  • News

    UK pension funds step up inflation hedge

    2009-11-03T15:30:00Z

    [16:20 CET 03-11] UK – Pension funds hedged approximately £11.4bn (€12.68bn) in inflation liabilities in the third quarter of this year – a move which suggests attention is now turning inflation rather than interest rate risk, according to data presented by F&C’s latest liability-driven investments survey.

  • News

    EC regs could increase derivative trading costs - APG

    2009-11-02T15:10:00Z

    EUROPE - Dutch asset management firm APG Asset Management has raised concerns about European Commission proposals to regulate derivatives, and warned additional costs could be added to trading if activity is required to go through exchanges or central clearing houses.

  • News

    UK minister calls on P8 to invest in low carbon services

    2009-10-29T13:00:00Z

    [14:00 CEST 29-10] UK/GLOBAL – The 'P8 Group' of public pension funds has been urged by the UK government to cooperate with governments and development banks to help finance low carbon infrastructure and technologies.

  • News

    WW favours PPP over 'high fee' core infrastructure

    2009-10-21T15:40:00Z

    [16:40 CEST 21-10] UK – Consultancy firm Watson Wyatt has warned high fees on core infrastructure funds are not providing a fair deal for investors and suggested they will be of "little interest" to long-term institutional investors unless they adopt more attractive fee packages.

  • News

    Lewisham targets commodities in revised strategy

    2009-10-21T14:45:00Z

    [15:45 CEST 21-10] UK – The London Borough of Lewisham is seeking a commodities manager as part of the implementation of its revised asset allocation of the £642.2bn (€712.5bn) pension fund.

  • News

    Turkish pensions may open to diversity

    2009-10-13T13:30:00Z

    TURKEY - Turkey’s TRY8.5bn (€3.93bn) pension industry could see an expanded range of investment vehicles in the near future in a bid to widen diversification and returns potential, according to the Turkish regulator.

  • News

    Shell's UK pension to expand alternatives

    2009-10-12T15:00:00Z

    [16:00 CEST 12-10] UK – The £10.5bn Shell UK pension fund has completed a strategic review of its investment strategy which is likely to see the fund invest another 5% of its assets in alternatives.

  • News

    West Midlands finds route into hedge funds after all

    2009-10-09T15:45:00Z

    [16L45 CEST 09-10] UK – The West Midlands local authority pension fund has extended its alternatives and equities investment strategy and allocated £40m (€44) to a fund of hedge funds.

  • Mercer to set PACE on Co-op’s alternatives
    News

    Mercer to set PACE on Co-op’s alternatives

    2009-10-06T16:00:00Z

    [17:00 CEST 06-10] UK – The Cooperative Group’s £5bn (€5.39bn) Pension Average Career Earnings (PACE) scheme has signed Mercer to deliver implemented consulting on its alternatives investments portfolio.

  • News

    Alpinvest picks up fresh ABP mandate

    2009-09-24T15:00:00Z

    [16:00 CEST 24-09] NETHERLANDS – APG has extended an investment agreement with Alpinvest, the alternative investment manager, which will see it invest another €4bn on behalf of the ABP pension fund over the coming years.

  • News

    Expert claims interest in alternatives is waning

    2009-09-23T15:40:00Z

    [16:40 CEST 23-09] SWITZERLAND – The boom in alternatives has been broken by the financial crisis and Swiss investors are placing their money elsewhere, Michael Brandenberger of Swiss consultancy Complementa has suggested.

  • News

    Investor to target global alternatives

    2009-09-21T15:45:00Z

    [16:45 CEST 21-09] IPE-QUEST – A European institutional investor is venturing into global alternative investments and is looking to hire a suitable manager, using IPE Quest.

  • News

    Applying ESG to alternatives is tricky, reveals IPE survey

    2009-09-21T15:30:00Z

    [16:30 CEST 21-09] EUROPE - Integrating environmental, social and governance (ESG) issues into alternative asset classes seems to be difficult, the findings of an IPE survey suggest.