Asset Managers – Page 193

  • News

    Savings products review may be key to flexible retirement - Cooper

    2009-10-16T16:15:00Z

    [17:10 CEST 16-10] UK - Yvette Cooper, secretary of state for work and pensions, has hinted there may need to be a review of financial products within the saving industry to enable individuals to have a more flexible retirement by working longer or part-time if required.

  • News

    Fiduciary management 'causes blurring' between advice and delegation

    2009-10-16T16:05:00Z

    [17:05 CEST 16-10] UK – The increasing number of players in the fiduciary management market, particularly from within the consultancy space, is blurring the lines between delegation and advisory services, according to Andrew Waring, chief executive of the Merchant Navy Officers Pension Fund (MNOPF).

  • News

    AP2 calculates carbon footprint of portfolio firms

    2009-10-15T12:00:00Z

    [13:00 CEST 15-10] SWEDEN – Andra AP-fonden (AP2), the Second Swedish National Pension Fund, is in the process of calculating the "carbon footprint" of its holdings in around 2,700 companies, in an attempt to better understand the impact if companies are forced to pay for carbon emissions.

  • News

    Iceland prepares to free capital restraints

    2009-10-14T15:40:00Z

    [16:40 CEST 14-10] ICELAND - Iceland has been preparing for the liberalisation from its capital controls, which will eventually conclude with the lifting of currency restrictions.

  • News

    UK mandate roundup: Bucks appoints global eq managers

    2009-10-14T15:30:00Z

    [16:30 CEST 14-10] UK – Buckinghamshire County Council has appointed three new global equity managers for its £1.07bn (€1.14bn) pension fund, completing the search for investment managers announced in July 2008.

  • News

    One in three fund managers predict double-digit growth

    2009-10-14T15:20:00Z

    [16:20 CEST 14-10] GLOBAL - Profit growth expectations are at to a five-year high as fears among fund managers of a double dip recession are beginning to wane, according to the latest Bank of America-Merrill Lynch survey.

  • News

    Bucks appoints RLAM for bonds as Devon seeks actuary

    2009-10-13T16:00:00Z

    [17:00 CEST 13-10] UK – The £1.07bn (€1.14bn) Buckinghamshire County Council Pension Fund has appointed Royal London Asset Management (RLAM) to run a fixed income mandate.

  • News

    Erste creates AM umbrella and targets CEE

    2009-10-12T16:15:00Z

    [17:15 CEST 12-10] AUSTRIA – The banking and management group Erste has created Erste Asset Management(EAM), a new umbrella to combine all of its asset management business in Austria and the CEE region.

  • News

    Essex appoints Fidelity for global equities

    2009-10-09T16:10:00Z

    [17:10 CEST 09-10] UK – The £2.2bn (€2.37bn) Essex Pension Fund has appointed Fidelity International as an active global equity manager.

  • News

    SFE tenders for pension provider but mulls own fund

    2009-10-09T16:00:00Z

    [17:00 CEST 09-10] NORWAY – Sogn og Fjordane Energi AS (SFE), the Norwegian energy company, is re-tendering for a pension provider for its defined benefit (DB) occupational scheme, but is considering the possibility of joining with other energy companies to establish their own pension investment fund.

  • Finland's Keva appoints Swiss Altis for manager analysis and monitoring
    News

    Finland's Keva appoints Swiss Altis for manager analysis and monitoring

    2009-10-07T14:26:00Z

    [15:26 CEST 07-10] FINLAND - Keva, the €22bn local government pension institution in Finland, has appointed Altis Investment Management to assist with external asset manager analysis and monitoring.

  • News

    Tesco continues property deals with pension funds

    2009-10-06T16:05:00Z

    [17:05 CEST 06-10] UK – Tesco has formed a fourth joint venture with a UK pension fund to sell and leaseback property assets in an effort to release value from its property portfolio.

  • Aviva to go ahead with Delta Lloyd IPO
    News

    Aviva to go ahead with Delta Lloyd IPO

    2009-10-05T15:55:00Z

    [16:55 CEST 05-10] NETHERLANDS – Aviva has today confirmed it will float Delta Lloyd in a Dutch shareholder offering, although the parent group will continue to hold the majority share in the firm.

  • Raiffeisen buys into Albanian pension system
    News

    Raiffeisen buys into Albanian pension system

    2009-10-05T13:00:00Z

    [14:00 CEST 05-10] ALBANIA – The Albanian branch of the Raiffeisen group has bought the biggest pension provider in the market.

  • News

    RPMI shake-up brings new admin head

    2009-10-02T12:30:00Z

    [13:30 CEST 02-10] UK - Pensions administrator RPMI has completed a major restructuring designed to boost its third-party business potential which will see Xafinity’s Robert Branagh become managing director for administration within the newly-streamed RPMI team.

  • News

    Eureko secures exit from Polish PZU row

    2009-10-02T11:00:00Z

    POLAND – Eureko, the Netherlands-headquartered insurance group, has finally secured a financial settlement and exit strategy from its ownership of PZU following a long-running dispute with the Polish government.

  • News

    North Yorks pension pulls out of pressured GTAA

    2009-10-01T15:00:00Z

    [16:00 CEST 01-10] UK – The £1.04bn (€1.14bn) North Yorkshire Pension Fund has formally withdrawn its investment in a Global Tactical Asset Allocation (GTAA) strategy run by UBS, and from the asset class as a whole.

  • News

    Profond changes fee-structure post-crisis

    2009-09-30T15:10:00Z

    [16:10 CEST 30-09] SWITZERLAND – The CHF2.2bn (€1.46bn) Swiss multi-employer pensionskasse Profond has changed the fee structure for its portfolio managers, in a bid to reduce costs.

  • News

    Swedish government to overhaul AP7

    2009-09-30T15:00:00Z

    [16:00 CEST 30-09] SWEDEN - The Swedish government is proposing wide-ranging changes to the country’s premium-based pension system (PPM) and AP7 - responsible for managing the premium choice and default funds - which will see both scrapped and transformed into a single new type of fund, in a bid to ...

  • News

    Swisscanto expands its pensions potential

    2009-09-28T15:50:00Z

    [16:50 CEST 28-09] UK – Swisscanto, the asset manager, has widened its European presence and is now planning to target UK pension fund investor, even though it has operated in the UK for over 20 years.