Asset Managers – Page 213

  • News

    PGGM cuts alternative beta target

    2008-06-27T13:00:00Z

    [14:00 CEST 27-06] NETHERLANDS – PGGM, the asset manager in charge of the €88bn assets of the Dutch health care pension fund PFZW, is likely to halve its 8% target allocation to alternative beta.

  • News

    Illiquid assets are greatest risk – Mercer

    2008-06-26T13:00:00Z

    [14:00 CEST 26-06] UK - Tim Gardener, the former global head of consultancy firm Mercer and now chief global investment strategist, warns illiquid assets are the greatest future risk for investors in an era of climate change.

  • News

    'Disappointed' Fuhr goes it alone

    2008-06-25T13:30:00Z

    [14:30 CEST 25-06] UK – Deborah Fuhr will now work independently, after the “disappointing” decision confirmed by Morgan Stanley last week to disband her renowned Exchange Traded Funds (ETFs) research, team in its drive to cut jobs.

  • Corporate fund taps into Asia
    News

    Corporate fund taps into Asia

    2008-06-24T16:00:00Z

    [17:00 CEST 24-06] EUROPE – A corporate continental European pension fund wants to invest in Asian large-cap emerging market equities via new managers, and is conducting a search using IPE-Quest.

  • News

    IMF tells Austria to 'ease investment restrictions'

    2008-06-24T13:00:00Z

    [14:00 CEST 24-06] AUSTRIA – Regional restrictions on equity exposure in third-pillar pension vehicles might be detrimental to the funds' performance, the International Monetary Fund (IMF) has suggested.

  • News

    Firms seeking buyout rises to 35%

    2008-06-23T15:50:00Z

    [16:50 CEST 23-06] UK – Over a third of UK companies is looking to buyout some or all of the pension liabilities and insurers should raise more capital to meet demand, according to a survey by PriceWaterhouseCoopers (PwC).

  • New classification to overhaul funds
    News

    New classification to overhaul funds

    2008-06-23T15:35:00Z

    [16:35 CEST 23-06] EUROPE – The European Fund and Asset Management Association (EFAMA) has unveiled a new classification for investment fund which it hopes will cope with the growth of evolving fund strategies by categorises funds based on their underlying portfolio structure and holdings.

  • News

    OECD queries SWF future spending plans

    2008-06-20T15:45:00Z

    [16:45 CEST 20-06] UK – The Organisation for Economic Cooperation and Development (OECD) has questioned whether sovereign wealth funds are likely to be as willing to continue investing in the finance and real estate market over the coming years following the recent surge of credit crunch-related deals, as officials argue ...

  • News

    Another German province chooses 'Fed'

    2008-06-20T15:00:00Z

    [16:00 CEST 20-06] GERMANY – Mecklenburg-Vorpommern has signed a contract with the federal "Bundesbank" to take over the asset management of its newly-created Pensionsfonds.

  • News

    Euro-equities hit popularity low with institutions

    2008-06-19T15:35:00Z

    [16:35 CEST 19-06] GLOBAL – Stagflation fears are driving institutional investors out of equities and bonds into cash, as fund mangers globally have their most negative stance towards equities in a decade, according to investment bank Merrill Lynch.

  • News

    UK 'buy-in' specialist goes overseas (amended)

    2008-06-18T14:20:00Z

    [15:20 CEST 18-06] UK – PensionsFirst, the recently-launched company which claims to completely immunise defined benefit (DB) schemes from risk, is now planning the launch of two separate offices in the US and Japan.

  • News

    Funds critical of non-cap-weighted indices

    2008-06-17T15:30:00Z

    [16:30 CEST 17-06] EUROPE – A panel of institutional investors have expressed its doubt about the added value of non-cap-weighted indices such as fundamental indices.

  • News

    Oyak sells private pension division

    2008-06-17T10:35:00Z

    [11:35 CEST 17-06] TURKEY – Oyak, the Turkish Army Pension Fund, has sold its private pension subsidiary Oyak Emeklilik for €110m to Dutch financial group ING.

  • News

    IAMAs crown excellence in asset management

    2008-06-13T15:55:00Z

    [16:55 CEST 13-06] EUROPE – Eleven Europe-based asset management firms, including Petercam Asset Management and Capital International, were rewarded last night for excellence in institutional asset management offerings, at the inaugural IPE-EDHEC Institutional Asset Management Awards.

  • News

    Recession and collapsing banks are good – Faber

    2008-06-13T15:15:00Z

    [16:15 CEST 13-06] GLOBAL – Swiss-born investment manager Marc Faber believes the recent turbulence of the capital market are a healthy lesson in teaching investors to be more careful when choosing their investments.

  • News

    Survey reveals 'unimaginative' ETF use

    2008-06-12T16:10:00Z

    [17:10 CEST 12-06] EUROPE – Exchange Traded Funds (ETFs) are not successfully customised, while advance features are underused, a survey of over 100 institutional investors has found.

  • News

    Hewitt loses Manweb to Mercer

    2008-06-11T12:30:00Z

    [13:30 CEST 11-06] UK – Trustees of the £800m (€1bn) Manweb Group part of the Electricity Supply Pension Scheme (ESPS), has appointed Mercer to provide investment consulting services to its defined benefit (DB) scheme.

  • News

    2007 returns fall to 2.4% for PFČP

    2008-06-10T15:20:00Z

    [16:20 CEST 10-06] CZECH REPUBLIC - Penzijní fond Ceské pojištovny (PFCP), the largest pension fund in the Czech republic, has reported a fall in returns to just 2.4% following the recent credit crisis.

  • NPRF to adopt risk measurement system
    News

    NPRF to adopt risk measurement system

    2008-06-10T15:15:00Z

    [16:15 CEST 10-06] IRELAND – The National Treasury Management Agency (NTMA) is seeking a provider of a risk measurement system for the National Pension Reserve Fund (NPRF).

  • Asset managers to up RI focus by 35%
    News

    Asset managers to up RI focus by 35%

    2008-06-10T14:50:00Z

    [15:50 CEST 10-06] Global asset managers predict that the level of assets they manage according to responsible investment criteria, such as themed sustainability funds, negative stock screening and activist engagement with companies, will rise by more than $700bn (€443bn) in the next two years.