Asset Managers – Page 221

  • News

    IPE Awards: "Diversification may turn to contagion" warning (Updated)

    2007-11-16T12:00:00Z

    [13:00 CET 16-11] GLOBAL - Increasing globalisation means correlations between markets and returns of asset classes change frequently, Sudhir Rajkumar, head of the Pension Investment Partnership at the World Bank, has warned.

  • News

    IPE Awards: Fiduciary managers make market 'fairer' – Frijns

    2007-11-15T15:30:00Z

    [16:30 CET 15-11] EUROPE – Smaller pension funds will gain easier access to alternative asset classes thanks to fiduciary managers, Jean Frijns, consultant to the Norwegian Government Pension Fund, has suggested.

  • News

    Emap transfers pensions to Paternoster

    2007-11-13T14:45:00Z

    [15:45 CET 13-11] UK – Major British media conglomerate Emap has transferred its two largest defined benefit schemes to Mark Wood's pension buyout firm, Paternoster, the company announced today.

  • News

    ABP and Cordares in merger talks

    2007-11-13T10:42:00Z

    [11:42 CET 13-11] NETHERLANDS – Giant Dutch pension fund ABP and pensions provider-cum-asset manager Cordares will this week start exclusive talks to explore a cooperation and a possible merger.

  • News

    SWIP finally secures new CEO

    2007-11-13T10:35:00Z

    [11:35 CET 13-11] UK - Dean Buckley has been named as the new chief executive of Scottish Widows Investment Partnership (SWIP), almost 10 months after the position became vacant.

  • News

    Standard Life leaves Pearl to pursue Resolution

    2007-11-12T15:00:00Z

    [16:00 CET 12-11] UK – Insurance and investment firm Pearl Group is one step closer to a merger with rival firm Resolution Group as Standard Life has now pulled out of talks to buy the asset house.

  • News

    Horeca names new head of investments

    2007-11-12T14:00:00Z

    [15:00 CET 12-11] NETHERLANDS - Horeca & Catering (PH&C), the €2.8bn pension fund for the Dutch hotel, restaurant and catering industry, has announced Ernst Hagen will become its new head of investments.

  • News

    Aon closes Swedish investment consultancy

    2007-11-08T14:30:00Z

    [15:30 CET 08-11] SWEDEN – The global consulting company Aon has closed its investment strategy consultancy business in Stockholm following the departure of both Mats Langensjö and Martin Källström.

  • News

    Julius Baer reshuffles asset management

    2007-11-07T11:00:00Z

    [12:00 CET 07-11] SWITZERLAND – Swiss private bank Julius Baer Holdings has announced it will combine its European asset management arm and the private banking subsidiaries under the umbrella of wealth manager Bank Julius Baer.

  • News

    Ex-Morgan Stanley banker claims pension revolution

    2007-11-05T15:35:00Z

    [16:35 CET 05-11] UK – Amelia Fawcett, former vice chairman of Morgan Stanley's European business, has set up a new company claiming to completely immunise defined benefit (DB) pension schemes from risk.

  • News

    CAAM mixes strategies to deliver alpha gem

    2007-11-05T14:00:00Z

    [15:00 CET 05-11] GLOBAL – Credit Agricole Asset Management (CAAM) has unveiled two global equity funds which incorporate a mixture of top-down, tactical and bottom-up strategies designed to generate uncorrelated performance.

  • News

    Lærernes taps new domestic equity managers

    2007-11-02T15:45:00Z

    [16:45 CET 02-11] DENMARK – The DKK24.5bn (€3.3bn) Danish teachers' pension fund, Lærernes Pension, has selected Gudme Raaschou and FMS04 to manage a Danish equities portfolio.

  • News

    BidRoute bulk trading goes live

    2007-11-02T15:30:00Z

    [16:30 CET 02-11] EUROPE – An electronic system has officially been launched which allows investment managers to place bulk order portfolio trades of 35 stocks or more on a single online platform.

  • News

    State Street sued over sub-prime saga

    2007-11-01T15:30:00Z

    [16:30 CET 01-11] GLOBAL – State Street says it is "disappointed" by the three lawsuits its faces from a number of its fixed-income clients, concerning losses linked to the recent sub-prime credit crunch.

  • News

    BAA flies 130/30

    2007-10-31T15:30:00Z

    [16:30 CET 31-10] UK – The £2bn (€3bn) defined benefit scheme of the UK airport group BAA will invest £330m in 130/30 strategy funds.

  • News

    Welsh £50m currency brief awarded

    2007-10-31T15:15:00Z

    [16:15 CET 31-10] UK – The £1.36bn (€1.9bn) Council of Rhondda Cynon Taf pension fund has hired Record Currency Management for its first foray into currency investment.

  • News

    Nordic pensions pass €200m to Dr. Lübke AM

    2007-10-31T15:00:00Z

    [16:00 CET 31-10] GERMANY/NORDICS – German real estate consultancy Dr. Lübke has started its new asset management operations with €200m in investments from Scandinavian pension funds, the company revealed today.

  • News

    Netherlands needs FGRs to become 'pensions champion'

    2007-10-31T14:30:00Z

    [15:30 CET 310-10] NETHERLANDS - The Dutch financial services sector could stimulate its international pensions position through the creation of cross-border asset-pooling vehicles based on existing mutual funds for joint accounts (FGRs), pension fund experts have argued.

  • News

    Moody's predicts cross-border banking consolidation

    2007-10-30T15:15:00Z

    [16:15 CET 30-10] ITALY – The incorporation of Capitalia into UniCredito was probably the last chance for a major inter-Italian consolidation in the banking sector but mergers are likely to continue cross-border, analyst group Moody's has stated.

  • News

    Former minister calls for local pensions ringfence

    2007-10-29T15:30:00Z

    [16:30 CET 29-10] NETHERLANDS - Dutch pension funds should support the domestic financial services industry by ring-fencing capital for domestic investment managers, former foreign affairs minister Ben Bot has suggested.