Asset Managers – Page 230

  • News

    Parliament seeks trustee advice

    2007-06-19T15:09:11Z

    [16:09 CEST 19-06] UK – Trustees of the £280m (€414m) Parliamentary Contributory Pension Fund of the House of Commons are looking for investment advice.

  • News

    Active managers hindered by fund size - research

    2007-06-18T15:55:23Z

    [16:55 CEST 18-06] GLOBAL – Most investment funds are too big to provide active managers with the flexibility needed to outperform the benchmark significantly, new research confirmed.

  • News

    Outgoing Schroders head to join Fortis

    2007-06-18T10:07:31Z

    [11:07 CEST 18-06] GERMANY – Martin Theisinger, currently German head for Schroders Investment Management, will join Belgian manager Fortis Investments in September as its new head of client relationship management for Germany, Austria and CEE.

  • News

    SNS to expand securities presence with FBS takeover

    2007-06-15T16:01:48Z

    [17:01 CEST 15-06] NETHERLANDS – SNS Bank’s securities business is in talks to buy specialist securities firm and institutional investment manager FBS Bankiers for an undisclosed amount.

  • News

    Straatman warns of volatility risk

    2007-06-15T15:59:56Z

    [16:59 CEST 15-06] EUROPE - Pension funds should now be looking to decrease their investment risk rather than introduce more because volatility risk is likely to rise, according to a former Dutch pension fund executive.

  • News

    German managers "at disadvantage" in commodities and LDI - Fitch

    2007-06-13T12:17:13Z

    [13:17 CEST 13-06] GERMANY – Asset managers in Germany are at a competitive disadvantage to interloping foreign houses in the commodities and liability-driven investments (LDI) markets, Fitch Ratings has claimed.

  • News

    Spanish reserve fund set to move into equities

    2007-06-12T15:55:11Z

    [16:55 CEST 12-06] SPAIN - The Spanish government has paved the way for the country’s pensions reserve fund to start investing some of its €40bn of assets in equities.

  • News

    “We don’t believe in LDI” – Munsters

    2007-06-08T15:56:05Z

    [16:55 CEST 08/06] NETHERLANDS – The €212bn Dutch pension fund ABP says it does not believe Liability Driven Investments should be included in its new strategic investment plan.

  • News

    Flurry of alternatives services emerge

    2007-06-07T15:53:20Z

    [16:53 CEST 07/06] GLOBAL - Asset management houses are rushing to cater to European pension fund demand for alternative investments, with the launch of several new funds and services.

  • News

    Credit Suisse to diversify LDI into euros

    2007-06-06T09:54:24Z

    [10:55 CEST 06/06] EUROPE - Credit Suisse is expanding its liability driven investment offering into the European pensions sector with the launch of a Euro Diversified Growth LDI fund later this summer.

  • News

    Co-operative fund on diversification streak

    2007-06-05T15:28:35Z

    [16:28 CEST 05/06] UK - The new £5.5bn career average Co-operative Group Pension Scheme is adjusting its equity/bond split in favour of diversification into currency, commodities and infrastructure.

  • News

    Russia models new welfare fund on Norway

    2007-06-04T09:46:53Z

    [10:46 CEST 04/06] RUSSIA – Up to €8bn of the soon-to -be-created Russian National Welfare Fund will be invested in the stock market, finance minister Alexei Kudrin has announced.

  • News

    Glicenstein to head new BNP Paribas AM umbrella

    2007-05-31T15:33:00Z

    16:32 CEST 31/05] GLOBAL – Gilles Glicenstein, currently head of BNP Paribas Asset Management, has been named as head of the new umbrella brand the French bank has created.

  • News

    Population decline could hit office space demand

    2007-05-31T12:15:25Z

    [13:15 CEST 31/05] EUROPE – Pension fund investors will need to be more selective about the property investments they make in the future as a decreasing European labour market is likely to slow the growth of demand for office space, according to the University of Maastricht.

  • News

    FRR seeks help in active/passive decision

    2007-05-29T16:07:00Z

    [17:06 CEST 29/05] FRANCE – The €32bn Fonds de réserves pour les retraites (FRR) is looking for a database to help it decide on the right style for a mandate.

  • News

    Shareholders agree BoNY/Mellon merger

    2007-05-25T16:06:30Z

    [17:06 CEST 25/05] GLOBAL – Shareholders of Bank of New York (BoNY) and Mellon Financial Corporation have agreed the merger deal.

  • News

    UBS confirms Baer divestment

    2007-05-25T16:05:02Z

    [17:05 CEST 25/05] SWITZERLAND – Swiss bank UBS is looking for buyers for its 20.7% stake in private bank Julius Baer.

  • News

    JPMorgan offers Greek pension funds pay-back

    2007-05-25T16:00:32Z

    [17:00 CEST] GREECE – JPMorgan has signed an agreement with London-based hedge fund North Asset Management to repurchase €280m in structured bonds sold to Greek investors.

  • News

    Holland rules out land mine investment rules

    2007-05-24T15:53:29Z

    [16:53 CEST 24/05] NETHERLANDS - The Dutch government does not intend to introduce new pension fund investment legislation concerning cluster ammunition and anti-personnel mines, Social Affairs minister Piet Hein Donner has announced.

  • News

    F&C catches the fiduciary wave

    2007-05-24T14:39:52Z

    [15:49 CEST 24/05] NETHERLANDS – F&C Asset Management is planning to enter the popular Dutch fiduciary market later this year, having lost several Dutch pension fund mandates, IPE has learned.