Asset Managers – Page 187

  • News

    Union reports record year for institutional business

    2010-02-19T16:10:00Z

    [17:10 CET 19-02] GERMANY – Union Investment saw its institutional business soar by over 20% to a record high in 2009, fuelled by investor demand for risk management and value protection, according to board member Alexander Schindler.

  • News

    Updated GIPS targets risk and compliance

    2010-02-18T15:10:00Z

    [16:10 CET 18-02] GLOBAL – Revisions to the Global Investment Performance Standards (GIPS) will come into force in January 2011 requiring fund managers to publish a compliance statement on how they have met the GIPS standards and whether they have been verified.

  • News

    UK roundup: North Yorks, PPF, PADA

    2010-02-17T16:10:00Z

    [17:10 CET 17-02] UK – North Yorkshire Pension Fund is planning to tender a "plain vanilla" corporate bond portfolio as it seeks the best way to deploy assets currently invested with European Capital Management (ECM).

  • News

    UBS Global AM under renewed pressure following dismissals

    2010-02-15T15:00:00Z

    [16:00 CET 15-02] UK - UBS Global Asset Management has suffered dismissals by two UK local authority pension schemes.

  • News

    Russell sells Pantheon to AMG

    2010-02-10T15:55:00Z

    [16:55 CET 10-02] UK/US – Multi-manager investment house Russell Investments, has sold its private equity fund-of-funds operations Pantheon Ventures to US asset management firm Affiliated Managers Group for $775m (€564m) in cash.

  • Swedish update, Part 2: East Capital, Pensioner tax
    News

    Swedish update, Part 2: East Capital, Pensioner tax

    2010-02-05T16:05:00Z

    [17:05 CET 05-02] SWEDEN - East Capital has temporarily closed one of its funds in the Swedish national defined contribution pension system, known as the PPM.

  • PIC takes quarter of UK bulk annuity market
    News

    PIC takes quarter of UK bulk annuity market

    2010-02-05T15:20:00Z

    [16:20 CET 05-02] UK – Pension Insurance Corporation (PIC) is estimated to have increased its share in the bulk pension insurance market to over 25%, having just completed a pension buyout with property company Liberty International.

  • SAM boss departs Robeco over future strategy
    News

    SAM boss departs Robeco over future strategy

    2010-02-03T15:00:00Z

    [16:00 CET 03-02] SWITZERLAND – Sander van Eijkern stepped down as a board member of Robeco on 1 February, after disagreeing with executives about the future strategy of the parent group.

  • News

    FundQuest predicts pooling will drive fiduciary business

    2010-02-01T14:45:00Z

    [15:45 CET 01-02] EUROPE - FundQuest, the €85bn multimanager outfit of BNP Paribas Investment Partners, expects its asset pooling platform to boost the money it runs for the banking group’s institutional fiduciary management clients.

  • News

    Copenhagen Port pension tenders fund management

    2010-01-29T15:35:00Z

    [16:35 CET 29-01] DENMARK – The DKK 265m (€36m) Københavns Havns Pensionskasse has issued a tender for fund management services to the scheme.

  • News

    SAM to offer 'sustainable' fees

    2010-01-27T14:15:00Z

    [15:15 CET 27-01] GLOBAL - A new fee structure for institutional asset owners and their managers has been launched by Swiss-based Sustainable Asset Management, in a bid to align the long-term interests of the two parties.

  • News

    LPFA assesses need for second currency mandate

    2010-01-21T15:45:00Z

    [16:45 CET 22-01] UK – The £3.5bn (€4bn) London Pensions Fund Authority (LPFA) has held off from funding a second active currency mandate as officials are debating whether it would be preferable to invest in a broader mandate.

  • News

    UK roundup: NILGOSC and Pitman Trustees

    2010-01-21T15:30:00Z

    [16:30 CET 21-01] UK – The Northern Ireland Local Government Officers' Superannuation Committee (NILGOSC) is seeking a global equity manager, while Pitmans Trustees has acquired the business of SBJ Professional Trustees.

  • NPRF ponders use of absolute returns
    News

    NPRF ponders use of absolute returns

    2010-01-21T15:00:00Z

    [16:00 CET 21-01] IRELAND – Absolute return strategies are one of the potential asset classes under consideration by the National Pension Reserve Fund (NPRF) for future investment.

  • Norway-Global gives up tobacco
    News

    Norway-Global gives up tobacco

    2010-01-20T14:45:00Z

    [15:45 CET 20-01] NORWAY – The Ministry of Finance has excluded 17 tobacco-producing companies from the investment universe of the Government Pension Fund – Global, and there is the possibility that still more could be removed.

  • Fund managers to take more risks in 2010
    News

    Fund managers to take more risks in 2010

    2010-01-19T15:55:00Z

    [16:55 CET 19-01] GLOBAL – Fund managers now support the prospect of a lasting recovery, the latest monthly sentiment survey from BofA Merrill Lynch has revealed. Evidence suggests fewer investors expect to protect against a potential fall in equities over the next three months and will instead follow a trend ...

  • News

    UK roundup - Dumfries, Reading University, Wirral, DSG

    2010-01-18T14:45:00Z

    [15:45 CET 18-01] UK – Dumfries and Galloway Council pension fund have appointed two property managers, while Reading University is seeking a pension adviser.

  • News

    Top economist predicts strong US recovery

    2010-01-15T13:45:00Z

    [14:45 CET 15-01] UNITED STATES - The American economy is moving again and all signs point to a strong recovery so pnly a sharp rise in commodities prices - especially in oil prices - can spoil the party, according to Robert Wescott, economics adviser to former US president Bill Clinton.

  • News

    Research touts growth of investment only DC providers

    2010-01-14T15:30:00Z

    [16:30 CET 14-01] UK - The UK pensions market could soon see a new form of defined contribution (DC) investment provider grow in popularity, according to a London-based marketing intelligence firm.

  • News

    Aberdeen buys £13.5bn RBS book to boost assets

    2010-01-08T15:45:00Z

    [16:45 CET 08-01] UK – Aberdeen Asset Management has bought multimanager, fund of hedge fund (FoHF) and other non-core assets of RBS worth £13.5bn (€bn), but revealed its own assets under management fell in the last three months of 2009 as a result of outflows and falling returns.