Asset Managers – Page 194

  • News

    Pension assets may be used to back local gov’t fund

    2009-06-05T15:55:00Z

    [16:55 CEST 05-06] UK - A mutual fund backed by UK local authority pension funds could exist in embryonic form by early next year which will invest in public works such as the latter stages of private finance initiatives (PFI) and public-private partnership (PPP) projects.

  • Robeco to move its PE team
    News

    Robeco to move its PE team

    2009-06-03T12:00:00Z

    [13:00 CEST 03-06] EUROPE - The €410m clean tech and sustainable private equity team at Robeco – the Dutch asset management division of Rabobank Group – is about to move from Rotterdam to Zurich, where it will join its fully-owned investment manager SAM.

  • News

    APG makes first IMQubator investment

    2009-06-02T15:30:00Z

    [16:30 CEST 02-06] NETHERLANDS – IMQubator, an innovation project backed by asset manager APG, has selected its first investment target with an allocation of €25m, and bought into a start-up fund combining an absolute return strategy with a new take on sustainability.

  • News

    Danish fund looks east for pension gains

    2009-06-01T16:05:00Z

    [17:05 CEST 01-06] IPE-QUEST - A Danish pension fund is looking to invest in actively-managed Asian equities via IPE-Quest.

  • News

    Madoff fraud cost Dutch pensions €166m

    2009-05-29T14:00:00Z

    [15:00 CEST 29-05] NETHERLANDS - Dutch pension funds have lost €166m to the Ponzi scheme run by Bernard Madoff, Wouter Bos, the Dutch finance minister has claimed.

  • Czech funds return 1.59% in Q1
    News

    Czech funds return 1.59% in Q1

    2009-05-29T13:00:00Z

    CZECH REPUBLIC – Six out of ten Czech pension funds generated a return of more than 1% in the first quarter of 2009, according to the most recent data published by the Czech pension fund association APF.

  • News

    BNP Paribas takes over ETFs joint venture

    2009-05-28T15:00:00Z

    [16:00 CEST 28-05] GLOBAL - AXA Investment Managers has transferred the operational management of the remaining 22 ETFs in the EasyETF range to BNP Paribas Asset Management.

  • News

    Mn farms a fresh fiduciary contract

    2009-05-27T15:45:00Z

    [16:45 CEST 27-05] NETHERLANDS – Mn Services has been appointed to act as the fiduciary asset manager and strategic adviser to Pensioenfonds Productschappen, the €365m pension fund for the Dutch commodity boards.

  • News

    FRR seeks real estate and transition managers

    2009-05-26T16:00:00Z

    [17:00 CEST 27-05] FRANCE – The Fonds de Réserve pour les Retraites (FRR), the French pension reserve fund, has launched a search for four investment managers to run transition and real estate portfolios for the €26bn fund.

  • Austrian pensions system 'riskiest' by comparison
    News

    Austrian pensions system 'riskiest' by comparison

    2009-05-26T15:35:00Z

    [16:35 CEST 26-05] AUSTRIA – A study of defined contributions pensions regimes in Europe suggests beneficiaries of the Austrian second pillar alone bear almost the full risk of the capital market, according to pension expert Gerald Klec.

  • News

    Investment ‘bleeding’ has stopped, claims EFAMA

    2009-05-26T15:00:00Z

    EUROPE - Ucits collective investment schemes saw net inflows of €22bn for the opening three months of 2009, in marked contrast to net outflows recorded for the previous six quarters since the credit crisis began.

  • News

    AP6 acquires bankrupt iron foundry

    2009-05-21T16:00:00Z

    [17:00 CEST 21-05] SWEDEN – Sjätte AP-fonden (AP6) has confirmed it has acquired Arvika Gjuteri, an iron foundry, after the firm was declared bankrupt last week.

  • IMA wants effective shareholder engagement
    News

    IMA wants effective shareholder engagement

    2009-05-21T15:55:00Z

    [16:55 CEST 21-05] UK – The number of fund managers making their voting records public increased from just two in 2003 to 24 five years later, so the UK's Investment Management Association (IMA) has revealed amid calls for more effective engagement.

  • News

    Pressures to force active manager reforms - WW

    2009-05-18T15:20:00Z

    [16:20 CEST 18-05] GLOBAL – Increasing pressure on profitability and the drive by investors for improved fee terms will force active management fund houses to rethink their structures, fund ranges and company sizes to stay afloat, claims Watson Wyatt.

  • News

    PPF diversifies investment portfolio

    2009-05-11T16:25:00Z

    [17:25 CEST 11-05] UK – The Pension Protection Fund (PPF) is diversifying its investment strategy to include three new portfolios including global tactical asset allocation (GTAA).

  • News

    Shropshire reduces UK equities for new global mandate

    2009-05-11T16:20:00Z

    [17:20 CEST 11-05] UK – Shropshire County Council is seeking one or more managers to run a new global equity portfolio for the £740m (€824m) Shropshire Pension Fund.

  • News

    Bankpension posts net loss of 19.7%

    2009-05-08T16:25:00Z

    [17:25 CEST 08-05] DENMARK – Bankpension, the pension fund for employees in the Danish financial sector, has reported an “extremely unsatisfactory” result of -23.1% before tax in 2008.

  • News

    Inflows outdo BNP Paribas' losses

    2009-05-06T15:45:00Z

    [16:45 CEST 06-05] EUROPE – BNP Paribas, the French-headquartered asset manager, managed saw higher inflows at the beginning of this year than the losses it suffered during market turmoil, according to first quarter financial results released today.

  • News

    Aberdeen AM sees fixed income outflows

    2009-05-05T15:00:00Z

    [16:00 CEST 05-05] UK – Aberdeen Asset Management saw its asset under management fall in the first half of its financial year to the end of March by almost £8.5bn (€9.55bn) thanks largely to outflows from its fixed income.

  • News

    UK and Germany yet to embrace sustainable investing

    2009-04-30T15:45:00Z

    [16:45 CEST 30-04] GERMANY/UK –Two separate studies into attitudes towards responsible investing suggests UK pension funds and major German investors are looking at investments wth environmental and social governance (ESG) in mind, though further work is still needed to get all investors onboard as just a handful have fully embraced ...