Asset Managers – Page 205

  • More equity volatility predicted
    News

    More equity volatility predicted

    2009-01-12T13:00:00Z

    [14:00 CET 12-01] GLOBAL – Equity volatility remains high in 2009, while real yields on government securities are likely to remain low, according to a global fund manager survey by consultancy firm Watson Wyatt.

  • NBIM picks London as real estate base
    News

    NBIM picks London as real estate base

    2009-01-09T12:56:00Z

    [16:20 CET 09-01] NORWAY/UK – Norges Bank Investment Management (NBIM) has increased the office space of its London branch to cope with an increase in new employees and to act as a base for the organisation's real estate investment team.

  • Institutions to exit bonds for stocks - BlackRock CEO
    News

    Institutions to exit bonds for stocks - BlackRock CEO

    2009-01-09T12:53:00Z

    [15:00 CET 09-01] GLOBAL - Institutional investors are set to exit fixed income and move into equities, reckons BlackRock chief executive Larry Fink.

  • Hymans replaces P-Solve at Kensington
    News

    Hymans replaces P-Solve at Kensington

    2009-01-09T12:16:00Z

    [15:45 CET 09-01] UK – Hymans Robertson has replaced P-Solve Asset Management as investment consultants for the London Borough of Kensington and Chelsea's pension fund.

  • BT fund 'retains stock lending ban'
    News

    BT fund 'retains stock lending ban'

    2009-01-08T15:19:00Z

    [16:30 CET 08-01] UK - The £39.7bn (€44bn) BT Pension Scheme plans to keep in place a ban on stock lending - despite the lifting of an official ban on the practice, according to reports.

  • ABP taps ex-NBIM chief Kjaer for advice
    News

    ABP taps ex-NBIM chief Kjaer for advice

    2009-01-08T13:43:00Z

    [14:55 CET 08-01] NETHERLANDS – Knut Kjaer, the former chief executive of Norges Bank Investment Management (NIBM), the asset manager of the Norwegian oil fund, has joined the investment committee of the giant Dutch civil service pension fund ABP.

  • News

    Aegon takes control of Romanian pension business

    2009-01-07T15:05:00Z

    [16:00 CET 07-01] ROMANIA – Dutch pension firm Aegon has taken control of its joint venture pensions business in Romania.

  • Fujitsu taps SLI for UK equities
    News

    Fujitsu taps SLI for UK equities

    2009-01-07T14:38:00Z

    [16:00 CET 07-01] UK – The £1.9bn (€2.1bn) UK defined benefit (DB) pension fund of Japanese computer manufacturer Fujitsu has appointed asset manager Standard Life Investments for a £90m UK equity portfolio.

  • News

    Cardiff splits £40m currency mandate

    2009-01-07T13:19:00Z

    [16:00 CET 07-01] UK – Cardiff County Council has appointed two active currency managers to improve the diversification of its local government pension fund.

  • Norway reviews Israel holdings over Gaza
    News

    Norway reviews Israel holdings over Gaza

    2009-01-07T12:57:00Z

    [16:00 CET 07-01] NORWAY – Norway is reviewing whether the current Gaza conflict means its state pension fund is breaching ethical guidelines.

  • Industry-wide fund screens for global emerging markets
    News

    Industry-wide fund screens for global emerging markets

    2009-01-07T11:55:00Z

    [16:00 CET 07-01] EUROPE – A European industry wide pension fund has posted a search for an investment management firm to provide investment management services for a global emerging markets equity mandate, using IPE-Quest.

  • News

    Optas case can be solved – SBPVH

    2009-01-06T15:41:00Z

    [16:00 CET 06-01] NETHERLANDS – The dispute over the proceeds of Optas’ sale to Aegon can be solved with the current court case, according to Ton Jansen, chairman of the representative body of the Dutch harbour workers (SBPVH).

  • News

    Danish scheme seeks bond manager

    2009-01-06T13:48:00Z

    [16:00 CET 06-01] DENMARK – A Danish pension fund has said it is looking for a manager for a €100m global high yield bond mandate, using IPE Quest.

  • News

    LPFA terminates €233m UBS mandate

    2009-01-05T15:08:00Z

    UK – The £3.7bn (€3.9bn) London Pension Fund Authority has terminated a £219m target return mandate with UBS Global Asset Management because of poor performance and a lack of confidence in the firm.

  • News

    Falkirk appoints LGIM for passive mandate

    2009-01-05T13:22:00Z

    UK – Falkirk Council has awarded Legal and General Investment Management (LGIM) a £280m (€299m) passive mandate.

  • News

    Belgian institutions to award debt, equity mandates

    2009-01-05T12:27:00Z

    [16:00 CET 05-01] BELGIUM – A Belgian institutional investor is seeking managers for an equity large-cap value and a corporate debt mandate, with a combined worth of $200m (€73.5m), using IPE Quest.

  • News

    9% of DB schemes avoided risk levy

    2008-12-23T15:00:00Z

    [16:00 CET 23-12] UK – One in 11 of the schemes eligible for entry into the Pension Protection Fund (PPF) paid no risk-based levy in the 2007/08 year, according to figures from the third version of the Pensions Universe Risk Profile (PURPLE) Book.

  • News

    Nordic pension funds team up on ESG

    2008-12-22T15:45:00Z

    [16:45 CET 22-12] SCANDINAVIA – Three pension companies from Finland, Norway and Sweden have joined together as the Nordic Engagement Cooperation (NEC) to coordinate engagement activities with companies on environmental, social and governance (ESG) issues.

  • News

    Hedge fund specialists to buy SGAM UK

    2008-12-19T15:35:00Z

    [16:35 CET 19-12] UK – Société Générale Asset Management has sold its London-based asset management subsidiary to GLG Partners Inc for an undisclosed sum.

  • News

    PanAgora to cut link with Union 'because'

    2008-12-18T15:45:00Z

    [16:45 CET 18-12] GERMANY/US – Union PanAgora, the quantitative investment management boutique jointly owned with Union Investment and PanAgora Asset Management, will have a new name from next year as PanAgora is pulling of the venture.