Asset Managers – Page 193

  • News

    Anadolu considers pioneering pensions move

    2009-08-21T15:15:00Z

    TURKEY - Anadolu Hayat Emeklilik, the second-largest pension insurance firm in Turkey in terms of assets under management, could pioneer diversification of the country's pension fund range by introducing a new interest-free investment vehicle which follows the principles of 'Sukuk', IPE has learned.

  • News

    Optimism improves but Europe holds back

    2009-08-21T14:45:00Z

    [15:45 CEST 21-08] GLOBAL – Fund manager optimism towards the global economies and investment markets has substantially improved to match recent market activity. But European fund managers are still reticent about moving assets back into equities, suggests Merrill Lynch’s latest survey of fund managers.

  • News

    Dutch pensions up share in local funds

    2009-08-20T15:55:00Z

    [16:55 CEST 20-08] NETHERLANDS - Dutch pension funds increased their share in Dutch investment funds during the second quarter of this year to two-thirds of the market, which in turn amounted to €241bn, according to pensions regulator De Nederlandsche Bank.

  • News

    NBIM expects transparency over water management

    2009-08-19T15:45:00Z

    [16:45 CEST 19-08] NORWAY – Norges Bank Investment management (NBIM) has warned companies that it invests in on behalf of the Government Pension Fund – Global must take a "long-term approach to the issue of water", and consider the impact of local communities on water and sanitation challenges.

  • News

    Lincolnshire seeks global equity manager after strategy review

    2009-08-17T15:40:00Z

    [16:40 CEST 17-08] UK – Lincolnshire County Council has initiated a tender search for one or more managers to run a £200m (€231.9m) global equity portfolio for its local government pension scheme, following a review of its asset allocation strategy.

  • News

    Crisis might speed up Bulgarian reform – CFO interview

    2009-08-14T13:31:00Z

    BULGARIA – The financial crisis could boost plans to introduce a life-cycle model to the Bulgarian pension system, Miroslav Marinov, CFO of the pension fund management company Doverie, has told IPE.

  • News

    BNY Mellon AM increases UK institutional business through Insight purchase

    2009-08-12T15:26:00Z

    UK – The Bank of New York Mellon is boosting its UK institutional LDI and fixed income business by £75bn through the purchase of Insight Investment Management from Lloyds Banking Group.

  • News

    SocGen asset head resigns on insider trading probe

    2009-08-07T15:00:00Z

    [16:00 CEST 07-08] FRANCE – Jean-Pierre Mustier, the current head of asset management and investment banking at Société Générale, has agreed to step down from his role by the end of the year after the Financial Markets Authority (AMF) named him in an insider trading probe.

  • News

    Fund managers return to client priorities - Investit

    2009-08-07T11:30:00Z

    [12:30 CEST 07-08] GLOBAL – The recent economic crisis has forced asset managers to rethink their priorities away from sales and product development in favour of risk transparency and client information delivery, suggests a study conducted by Investit.

  • News

    Partners Group wins Bucks alternatives mandate

    2009-08-06T15:30:00Z

    [16:30 CEST 06-08] UK – Buckinghamshire County Council has awarded an alternative assets mandate to Partners Group on behalf of its £1bn (€1.17bn) local government pension scheme.

  • News

    Aviva to float Delta Lloyd

    2009-08-06T15:10:00Z

    [16:10 CEST 06-08] GLOBAL – Aviva is planning to float some its holding in Delta Lloyd, the Netherlands-headquartered life insurance operation, in a bid to give the firm more capital and ahead of what officials claim will be consolidation in the Netherlands.

  • News

    Sticking to strategic allocations caused problems - IQAM

    2009-08-05T15:00:00Z

    [16:00 CEST 05-08] AUSTRIA – Austrian pension funds should not have stuck to strategic asset allocations as widely used risk controls could not have worked last year, accordng to Helmuth Frey, head of quantitative management house IQAM.

  • BGI performance adds to Barclays profit
    News

    BGI performance adds to Barclays profit

    2009-08-03T14:30:00Z

    [15:30 CEST 03-08] UK – A "resilient performance" by Barclays Global Investors in the first half of 2009 deliverd a 4% increase to its gross profit to £276m (€324.8m) and helped Barclays to report a profit before tax of around £3bn.

  • News

    Devon outsources assets to four new managers

    2009-07-31T15:30:00Z

    [16:30 CEST 31-07] UK – Devon County Council has appointed four new investment managers to its £1.87bn (€2.19bn) pension fund following a decision last year to outsource a large proportion of its in-house managed assets.

  • News

    East Sussex tenders for three managers

    2009-07-28T15:55:00Z

    [16:55 CEST 28-07] UK – East Sussex Council is tendering three investment manager mandates for its £1.39bn (€1.6bn) pension fund.

  • News

    Hounslow awards admin contract to Capita

    2009-07-28T15:50:00Z

    [16:50 CEST 28-07] UK – The London Borough of Hounslow has appointed Capita Hartshead to administer its £393m (€454.9m) pension fund and provide advice on scheme regulations.

  • News

    PPF to set up investment advice panel

    2009-07-28T15:50:00Z

    [16:50 CEST 28-07] UK – The Pension Protection Fund (PPF) is seeking to establish a panel of investment advisers to call on, for advice concerning investment in both new and existing asset classes.

  • News

    Linz AG fund reviews value-at-risk approach

    2009-07-28T15:45:00Z

    [16:45 CEST 28-07] AUSTRIA – The €180m pension fund for the Austrian energy and telecommunication company Linz AG is hoping investment markets will stabilise soon so it can change its asset allocation approach.

  • News

    Trying to time the market 'is dangerous', claims author

    2009-07-28T14:45:00Z

    [15:45 CEST 28-07] GLOBAL - Investors should not play the markets, according to Burton Malkiel, author of the book entitled ‘A random walk down Wall Street’ and Chemical Bank chairman’s professor of economics at Princeton University.

  • News

    Suffolk suspends transition manager search

    2009-07-24T16:05:00Z

    [17:05 CEST 24-07] UK – Suffolk County Council has confirmed it has suspended the procurement process for a transition manager after it had problems with offering the contract on a contingency basis.