Asset Managers – Page 216

  • News

    APG and Cordares sign merger deal

    2008-04-17T16:15:00Z

    [17:15 CEST 17-04] NETHERLANDS – APG Group, the asset management and administration division of ABP pension fund, and Cordares Holding, have just signed the agreement to merge the companies.

  • News

    Demand for SRI continues in financial crisis

    2008-04-17T15:55:00Z

    [16:50 CEST 17-04] AUSTRIA – Despite some stocks in the alternative energy sector having suffered severely in the market turbulences Austrian investors stick to sustainability, explains Martin Cech, manager at Austrian SRI asset manager Vinis.

  • News

    Cometa picks Allianz for absolute returns

    2008-04-17T15:45:00Z

    [16:45 CEST 17-04] ITALY – Cometa, the pension fund for mechanical and engineering employees, has appointed Allianz Global Investors to manage a €406m absolute return mandate.

  • News

    Schemes want hedge fund compliance in three years

    2008-04-16T15:55:00Z

    [16:55 CEST 16-04] UK/GLOBAL – More than 50% of UK pension funds will require hedge fund managers to comply with best practice standards within three years, KPMG has revealed.

  • News

    Norway continues strategy despite fund falls

    2008-04-16T15:40:00Z

    [16:40 CEST 16-04] NORWAY – The Norwegian Government Pension Fund – Global will continue with its plans to "expand its portfolio" and increase its equity allocation as it has a "higher risk-bearing capacity" than other pension funds, the governor of Norges Bank has claimed.

  • 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.