Asset Managers – Page 220

  • News

    Review may clarify VAT on pensions-related services

    2007-11-29T15:30:00Z

    [16:30 CET 29-11] EUROPE – The European Commission is conducting a review of existing legislation for value-added tax (VAT) on financial services and insurance companies, which might finally determine whether European pension funds should be exempt from paying VAT on outsourced investment services.

  • News

    Axa IM modernises its institutional business

    2007-11-28T15:00:00Z

    [16:00 CET 28-11] UK – Axa Investment Managers has restructured its institutional investment business and divided its team into three operations, in a bid to keep up with changing client needs.

  • News

    AGI eyes wider European presence

    2007-11-27T13:00:00Z

    [14:00 CET 27-11] GERMANY – The major life insurer Allianz is planning to move its European asset management focus away from Germany to France.

  • News

    SEB expands into alternatives with purchase

    2007-11-26T12:00:00Z

    [13:00 CET 26-11] SWEDEN - Skandinaviska Enskilda Banken (SEB) has announced it has reached an agreement to acquire 100% the shares in Key Asset Management (KAM) for and undisclosed sum.

  • News

    AMF tops the ITP pensions bill

    2007-11-23T15:15:00Z

    [16:15 CET 23-11] SWEDEN - AMF Pension now manages over one-quarter of young Swedish white-collar worker pension accounts, following the opening of the ITP to a wider base of pension providers.

  • News

    NTGI brings EM exposure to smaller investors

    2007-11-23T15:00:00Z

    [16:00 CET 23-11] GLOBAL - Northern Trust Global Investors is extending its emerging markets quant index service to small pension funds, through a pooled quant index fund linked to the MSCI EM index.

  • News

    Carnegie EGM votes on new chair

    2007-11-22T12:30:00Z

    [13:30 CET 22-11] SWEDEN - Stockholm-based Carnegie bank has elected Anders Fällman - chief executive of Carnegie shareholder Invik - as its new chairman, despite recent calls for an independent chairman to see the bank through its current troubles.

  • News

    IPE-Quest: Dutch fund seeks fiduciary manager

    2007-11-21T15:50:00Z

    [16:50 CET 21-11] NETHERLANDS - A Dutch corporate pension fund is searching for a fiduciary investment manager, using IPE-Quest.

  • News

    Flexibility deters schemes from fiduciary management - KPMG

    2007-11-21T14:00:00Z

    [15:00 CET 21-11] NETHERLANDS - Doubts about managers’ ability to deliver flexibility prevent many Dutch pension funds from choosing fiduciary management, claims accountancy advisory firm KPMG.

  • News

    'Brave new world' cited for investment

    2007-11-20T15:45:00Z

    [16:45 CET 20-11] UK – Four ‘winning strategies’ will provide the majority of growth for the investment management industry, according to a new white paper.

  • News

    First 130/30 index unveiled

    2007-11-20T15:15:00Z

    [16:15 CET 20-11] GLOBAL – Standard & Poor’s has launched the first 130/30 strategy index, and begun by linking to activity of S&P 500 stocks.

  • News

    Private equity ‘code’ requires more info

    2007-11-20T13:00:00Z

    [14:00 CET 20-11] UK - Private equity firms in the UK and the companies they own will have to publish more information on the way they do business and the risks they face, according to a new code of conduct unveiled today.

  • News

    EC brings microfinance to Europe

    2007-11-19T15:45:00Z

    [16:45 CET 19-11] EUROPE – The European Commission is seeking to support the development of microfinance initiatives across Europe by implementing a regime to improve access to the non-banking credit scheme.

  • News

    PPM chooses new SRI fund

    2007-11-19T15:15:00Z

    [16:15 CET 19-11] SWEDEN - The SEK1.3bn (€140m) Swedish Premium Pension Authority (PPM) has appointed four new managers for its equity portfolio, and among them is State Street for a socially-responsible investment (SRI) mandate.

  • News

    SNS Reaal buys Dutch and Belgian Swiss Life

    2007-11-19T15:00:00Z

    [16:00 CET 19-11] NETHERLANDS/BELGIUM - The €83bn bank-insurer SNS Reaal is to acquire the Dutch and Belgian businesses of Swiss Life in a €1.5bn (€2.09bn) deal.

  • News

    IPE Awards: 130/30 craze is "overplayed"

    2007-11-19T14:45:00Z

    [15:45 CET 19-11] GLOBAL – The hype around long-short investment products, such as 130/30 strategies, is very much overplayed, delegates at the annual IPE Awards in Vienna were told.

  • News

    Asset managers launch to tap market uncertainty

    2007-11-19T14:30:00Z

    [15:30 CET 19-11] UK – Two new investment houses are entering the UK institutional market with services aimed at the European pension funds arena.

  • News

    IPE Awards: ABP/Cordares will bring new ideas to Italy – Frijns

    2007-11-16T15:00:00Z

    [16:00 CET 16-11] NETHERLANDS/ITALY – The Italian pension fund industry could develop more towards the Dutch model, Jean Frijns, consultant to the Norwegian Government Pension Fund, has suggested.

  • News

    PensCorp secures Telent deal

    2007-11-16T13:00:00Z

    [14:00 CET 16-11] UK - Edmund Truell's Pension Corporation has finally managed to secure a deal to buy the former Marconi pension fund for £398m (€570m).

  • News

    IPE Awards: BNL fund to outsource real estate

    2007-11-16T12:30:00Z

    [13:30 CET 16-11] ITALY – The €970m pension fund of the Italian Banca Nazionale del Lavoro (BNL) is looking to outsource the management of its real estate portfolio.