Asset Managers – Page 209

  • News

    Demands for SWF transparency 'will fail'

    2008-07-23T14:25:00Z

    [15:25 CEST 23-07] GLOBAL – Growing demands for transparency by sovereign wealth funds (SWFs) from recipient countries will fail unless more diplomacy is used, asset management giant State Street has claimed.

  • News

    RBS unveils buyout solution for German corporates

    2008-07-22T15:40:00Z

    [16:40 CEST 22-07] GERMANY – The Royal Bank of Scotland (RBS) together with insurer Ergo has launched a pension liability buyout service targeting German corporates with pension liabilities of €500m onwards.

  • News

    Newsquest allocates 10% to hedge funds

    2008-07-22T15:20:00Z

    [15:20 CEST 22-07] UK – Newsquest Pension Scheme has awarded two fund of hedge fund mandates, valued at £40m (€50m), which is equivalent to 10% of scheme assets.

  • News

    German CTA to award €350m TAA mandate

    2008-07-22T15:10:00Z

    [16:10 CEST 22-07] GERMANY – A fiduciary manager in Germany acting on behalf of a German pension fund is looking for managers for a €350m tactical asset allocation (TAA) mandate, using IPE-Quest.

  • News

    Wandsworth to change the benchmark

    2008-07-21T14:00:00Z

    [15:00 CEST 21-07] UK – Wandsworth Borough Council is seeking at least four new investment managers to run its pension fund portfolio. The move is an attempt to change the benchmark of the fund.

  • News

    ABP cuts Fannie and Freddie holdings

    2008-07-21T12:00:00Z

    [13:00 CEST 21-07] NETHERLANDS – The €205bn Dutch civil service pension fund ABP has confirmed it has cut its mortgage-backed securities (MBS) holdings in US mortgage financiers Fannie Mae and Freddie Mac.

  • News

    Cambridgeshire goes passive

    2008-07-21T10:32:00Z

    [12:35 CEST 21-07] UK – The £1.4bn (€1.8bn) pension fund of UK local authority Cambridgeshire county council has awarded a £140m passive equity mandate to State Street Global Advisors (SSgA).

  • News

    €24bn Finnish fund loses manager selector

    2008-07-18T14:55:00Z

    [15:55 CEST 18-07] FINLAND – The head of external equity manager selection at the Local Government Pensions Institution (LGPI), Finland’s largest retirement fund, has left her post.

  • Unilever fund to double commodities
    News

    Unilever fund to double commodities

    2008-07-17T14:27:00Z

    [15:27 CEST 17-07] NETHERLANDS – Progress, the €4bn Dutch pension fund of food and home care products manufacturer Unilever, is looking to double its commodity investments by the end of 2008.

  • Buckinghamshire seeks three new managers
    News

    Buckinghamshire seeks three new managers

    2008-07-16T14:41:00Z

    [15:41 CEST 16-07] UK – Buckinghamshire County Council is searching for three new investment managers for its pension scheme, with the mandates valued up to £325m (€408m).

  • Recession threat dampens inflation fears
    News

    Recession threat dampens inflation fears

    2008-07-16T14:29:00Z

    [15:29 CEST 16-07] EUROPE – European fund managers are looking to healthcare stocks as a safe haven as risk appetite plummets, according to Merrill Lynch.

  • Falkirk targets passive manager for 'flexibility'
    News

    Falkirk targets passive manager for 'flexibility'

    2008-07-16T14:27:00Z

    [15:27 CEST 16-07] UK – Falkirk Council Pension Fund is searching for a passive manager to run an equity portfolio worth up to £325m (€410m).

  • HSBC launches two emerging economies funds
    News

    HSBC launches two emerging economies funds

    2008-07-16T13:26:00Z

    [14:26 CEST 16-07] EUROPE - HSBC Global Asset Management has launched both a Frontier Markets equity fund and an Emerging Markets Inflation-linked bond fund for European investors.

  • Dutch government advisor SER goes fiduciary
    News

    Dutch government advisor SER goes fiduciary

    2008-07-16T12:30:00Z

    [13:30 CEST 16-07] NETHERLANDS – The €145m pension fund of the Dutch Social and Economic Council (SER), the body that advises the Dutch government on social and economic policy, has appointed ING/AZL as its fiduciary manager.

  • DKK115bn PKA eyes hedge funds and bank loans
    News

    DKK115bn PKA eyes hedge funds and bank loans

    2008-07-15T14:23:00Z

    [15:23 CEST 15-07] DENMARK – Pensionskassernes Administration (PKA), Denmark’s largest occupational pension fund administrator, is looking to make its first allocation to hedge funds.

  • Camden starts first phase of portfolio restructure
    News

    Camden starts first phase of portfolio restructure

    2008-07-15T13:55:00Z

    [14:55 CEST 15-07] UK – The London Borough of Camden has started the restructuring of its pension fund portfolio, issuing tenders for passively-managed securities, fixed income and active global equities.

  • News

    DKK25bn Teachers' fund appoints Sørensen as manager selector

    2008-07-14T14:57:00Z

    [15:57 CEST 14-07] DENMARK - The DKK25bn (€3.4bn) Danish teachers’ fund, Laerernes Pension, has appointed a fixed income specialist, Morten Roed Sørensen to be its new portfolio manager.

  • News

    Pensionskasse gets new roof

    2008-07-14T14:26:00Z

    [15:26 CEST 14-07] AUSTRIA – The €1.9bn Austrian Pensionskasse ÖPAG will be included in Raiffeisen and Uniqa's soon-to-be-unveiled pensions conglomerate.

  • Dáil to grill NPRF over Zimbabwe
    News

    Dáil to grill NPRF over Zimbabwe

    2008-07-14T13:21:00Z

    [14:21 CEST 14-07] IRELAND – The National Pension Reserve Fund (NPRF) has been called to give evidence to the Irish Parliament's joint committee on foreign affairs over Zimbabwe.

  • News

    Graphics giant envisages €25bn media fund

    2008-07-14T11:51:00Z

    [12:51 CEST 14-07] NETHERLANDS – In a push for third-party business, the €9.8bn pension fund for the printing and publishing industry Pensioenfonds Grafische Bedrijven (PGB) wants to persuade Dutch media industry schemes to use its services.