Asset Managers – Page 215

  • News

    Ping An confirms Fortis deal

    2008-03-19T15:40:00Z

    [16:40 CET 19-03] GLOBAL – The Chinese insurer Ping An is set to buy half of Fortis’ asset management business, which has ballooned since the integration of ABN Amro asset management.

  • News

    Schroders buys SwissRe AM

    2008-03-19T15:30:00Z

    [16:30 CET 19-03] SWITZERLAND – British fund manager Schroders has today announced it will take over the Swiss reinsurer Swiss Re’s asset management unit.

  • News

    Subprime hits Luxembourg funds

    2008-03-19T10:00:00Z

    [11:00 CET 19-03] LUXEMBOURG – Funds registered in Luxembourg have seen a drop in net assets of 5.2% in the year to date, despite the number of funds moving to the country having increased.

  • News

    Mn Services to deliver multi-manager for Merchant Navy

    2008-03-18T15:55:00Z

    [16:55 CET 18-03] NETHERLANDS – PME, the €3.2bn occupational pension fund for the Dutch merchant navy (Bedrijfspensioenfonds voor de Koopvaardij), has appointed fiduciary manager Mn Services to act as a multi-manager and adviser to the fund.

  • News

    SNS’ sustainability approach drives growth

    2008-03-17T12:00:00Z

    [13:00 CET 17-03] NETHERLANDS – The asset management arm of Dutch bank SNS saw its assets under management (AuM) climb 15.2% to €18.9bn in 2007.

  • News

    State Street sees German slowdown

    2008-03-14T15:10:00Z

    [16:10 CET 14-03] GERMANY – US asset management company State Street Global Advisors (SSGA) saw its assets under management in Germany and Austria grow by €800m last year.

  • News

    'Tackle weak links' – Ambachtsheer

    2008-03-14T14:00:00Z

    [15:00 CET 14-03] GLOBAL – Tackling weak links such as herding and poor integration across key functions could help pension funds prevent falling trap to further ‘predictable surprises’, according to pension expert Keith Ambachtsheer.

  • News

    Show evidence of active management benefits - Myners

    2008-03-11T13:00:00Z

    [14:00 CET 11-03] UK – Paul Myners, chairman of the Personal Accounts Delivery Authority, has hit back at criticism of the body’s low-cost accounts regime, and warned officials are unlikely to sway from adopting passive investment strategies.

  • Aegon splits alpha from beta
    News

    Aegon splits alpha from beta

    2008-03-10T15:15:00Z

    [16:15 CET 10-03] NETHERLANDS – The asset management arm of Dutch insurer Aegon has today announced its Dutch business will separate the European and Asian share portfolios into an alpha en a beta part.

  • Aegon’s UK pension sales drop 8%
    News

    Aegon’s UK pension sales drop 8%

    2008-03-06T14:30:00Z

    [15:30 CET 06-03] NETHERLANDS - Aegon’s pensions sales in the UK dropped by 8% to £227m (€297m) during the fourth quarter, driven by lower sales of both group and individual pensions, the insurer said.

  • News

    IPE-QUEST: Global corporate debt mandate

    2008-03-06T10:30:00Z

    [11:30 CET 06-03] GLOBAL – An investment company in the Middle East is looking for managers for a global corporate debt mandate worth up to $500m, using IPE Quest.

  • News

    Schroders sees outflows of £10.6bn

    2008-03-05T13:00:00Z

    [14:00 CET 05-03] GLOBAL – Schroders has admitted it saw net institutional outflows of £10.6b (€13bn) in 2007, despite winning over 100 new mandates in the UK alone.

  • News

    ABP unveils the new face of admin

    2008-03-03T10:50:00Z

    [11:50 CET 03-03] NETHERLANDS – The €217bn Dutch ABP pension scheme has today presented the name for its newly-established separate administration body, which it launched yesterday.

  • News

    EPO seeks admin help for cross-border DC

    2008-02-29T15:45:00Z

    [16:45 CET 29-02] EUROPE – The European Patent Office (EPO) is seeking an administration provider to help with the establishment of a new cross-border defined contribution scheme.

  • News

    Lambeth considers ETFs

    2008-02-29T12:00:00Z

    [13:00 CET 29-02] UK – The £750m (€979m) London Borough of Lambeth pension fund is looking at the option of investing in so called exchange-traded funds (ETFs), IPE has learnt.

  • News

    Ethos and Profond fail with UBS motions

    2008-02-28T15:30:00Z

    [16:30 CET 28-02] SWITZERLAND – Swiss bank UBS will increase its capital without the help of ordinary shareholders and there will be no special audit on subprime losses, it was decided at an EGM yesterday, but insiders claim “shareholders sent a message to the board”.

  • News

    Performance vs transparency in ETFs

    2008-02-28T15:00:00Z

    [16:00 CET 28-02] EUROPE – Performance and transparency are battling it out with each other as exchange-traded funds (ETFs) push for more European institutional money, experts debated today.

  • News

    APN rebrands in push for cross-border business

    2008-02-27T15:20:00Z

    [16:20 CET 27-02] NETHERLANDS – Aegon Pension Network (APN), the European group pension arm of Dutch insurer Aegon, will is rebranded as Aegon Global Pensions.

  • News

    Ashmore survives market turmoil

    2008-02-26T15:15:00Z

    [16:15 CET 26-02] UK – Asset manager Ashmore saw its assets under management (AuM) rise 16% to US$36.5bn (€24.5bn) between June 30 and the end of December last year, the company announced today.

  • News

    ASIP finds median performance at 1.8%

    2008-02-26T11:15:00Z

    [12:15 CET 26-02] SWITZERLAND – The Swiss pension fund association ASIP calculated a median performance of 1.8% with emerging markets equity and real estate contributing most positively.