Asset Managers – Page 214

  • News

    European investors "too relaxed" about inflation

    2008-04-16T14:30:00Z

    [15:30 CEST 16-04] GLOBAL – European investors appear to have become oblivious to the risk of inflation and instead remaining highly consumed by the outlook for growth, according to a survey by Merrill Lynch.

  • News

    Fair-Finance BVK expands into funds

    2008-04-15T13:00:00Z

    [14:00 CEST 15-04] AUSTRIA – Fair-Finance, the company launched by former Bonus pension fund head Markus Zeilinger, plans to offer sustainable investment funds and insurance products in the future, alongside the already-announced severance pay fund.

  • News

    Hymans Robertson gives MPs pensions advice

    2008-04-15T12:15:00Z

    [13:15 CEST 15-04] UK – The Parliamentary Contributory Pension Fund (PCPF) has appointed Hymans Robertson as its new investment adviser.

  • OECD agrees 'restraint' on SWF security fears
    News

    OECD agrees 'restraint' on SWF security fears

    2008-04-11T15:00:00Z

    [16:00 CEST 11-04] GLOBAL – The Organisation for Economic Cooperation and Development (OECD) has published guidance for countries on how to treat investment from sovereign wealth funds (SWFs) fairly, which recommends using "restraint" when protecting "essential security" interests.

  • APG buys music catalogue for a song
    News

    APG buys music catalogue for a song

    2008-04-11T14:30:00Z

    [15:30 CEST 11-04] NETHERLANDS – APG, the recently-launched manager of the €217bn ABP Dutch pension fund, has made an additional investment of £126m (€157.2m) into music rights.

  • News

    Private equity 'disaster in the making'

    2008-04-11T14:00:00Z

    [15:00 CEST 11-04] GLOBAL – Baring Asset Management, has warned the private equity and leveraged buyout (LBO) market will collapse in the next 12 to 18 months.

  • 'Cost of fiduciary must yield outperformance' – Bureau Bosch
    News

    'Cost of fiduciary must yield outperformance' – Bureau Bosch

    2008-04-09T14:00:00Z

    [15:00 CEST 09-04] NETHERLANDS – The fiduciary management of pension assets costs up to 23 basis points more than other forms of asset management, according to a survey by Dutch pension consultant Bureau Bosch.

  • News

    Europe champions governance, risk and LDI – Mercer

    2008-04-07T15:30:00Z

    [16:30 CEST 07-04] EUROPE – Better governance and risk management, along with increased allocations to alternatives and liability-driven investment strategies are the main agenda points in 2008 for European pension funds, consultancy firm Mercer has found.

  • News

    SBZ seeks real estate and SRI managers

    2008-04-04T11:15:00Z

    [12:15 CEST 04-04] NETHERLANDS – SBZ, the €2.57bn industry-wide pension fund for care insurers, is looking to make changes to its environmental, social and governance structure and its real estate portfolio as part of its earlier swap to fiduciary management.

  • News

    SWIP restructures European team

    2008-04-03T15:55:00Z

    [16:55 CET 03-04] EUROPE - Scottish Widows Investment Partnership (SWIP) has cut the size of its European sales team from 10 to seven people, as part of a restructuring and review of its continental business.

  • News

    “CEE safe place to be as an investor” - East Capital

    2008-04-03T14:45:00Z

    [15:45 CEST 03-04] AUSTRIA/CEE – Swedish asset manager East Capital presented its new office in Vienna today from which it aims to grow its sales and investments in Central and Eastern Europe (CEE).

  • News

    Institutional outflows plugged in February

    2008-04-01T16:05:00Z

    [17:05 CEST 01-04] UK – Institutional sales seem to have recovered a fraction in the UK, as there were net inflows of £502.5m (€637m) in February, compared to outflows at the beginning of this year.

  • News

    Ospel quits UBS amid further write-downs

    2008-04-01T14:00:00Z

    [15:00 CEST 01-04] SWITZERLAND – Crisis-ridden Swiss bank UBS has announced another capital increase to balance out further write downs of $19bn (€12bn) on subprime related assets.

  • News

    Pension funds shun UK equity

    2008-03-31T15:50:00Z

    [16:50 CET 31-03] UK – Pension funds have never invested less in UK equities, according to BNY Mellon Asset Servicing, as its own an asset allocation study has found weightings in the asset class slumped to 28.7% in 2007.

  • News

    Capita Hartshead moves into investment advice

    2008-03-31T15:45:00Z

    [16:40 CEST 31-03] UK – Capita Hartshead has launched a new investment consultancy service that aims to provide a range of advice services for both defined benefit (DB) and defined contribution (DC) schemes.

  • News

    Friends Prov rejects £3.5bn JC Flowers offer

    2008-03-31T14:30:00Z

    [15:30 CEST 31-03] UK - Friends Provident has confirmed it has rejected an offer from US private equity firm JC Flowers to acquire the firm for 150p a share.

  • News

    Vienna Insurance widens doorway to CEE

    2008-03-27T15:00:00Z

    [16:00 CET 27-03] EUROPE – Vienna Insurance Group (CIG) is aiming to strengthen its CEE life insurance offering, which includes pension products, with the acquisition of Erste Bank's insurance arm.

  • News

    BLPK at top end of Swiss performers

    2008-03-26T15:30:00Z

    [16:30 CET 26-03] SWITZERLAND – The CHF5.2bn (€3.3bn) Basellandschaftliche Pensionskasse generated a 4%return on investments in 2007.

  • News

    L&G eyes high-earner pensions in Suffolk Life takeover

    2008-03-20T15:35:00Z

    [16:35 CET 20-03] UK – Legal & General (L&G) plans to target the UK's "mass affluent" and high-net-worth end of the pensions market, through the £62m (€80m) acquisition of Suffolk Life.

  • News

    ERAFP aims to diversify with new consultant

    2008-03-20T14:00:00Z

    [15:00 CET 20-03] FRANCE – The €4.8bn French public service supplementary pension scheme ERAFP has said it has selected Mercer as its new investment consultant for an extended diversification of its investments.