Asset Managers – Page 231

  • News

    NXP pensions head for PME

    2007-07-03T16:12:46Z

    [17:12 CEST 03-07] NETHERLANDS - Chip manufacturer NXP is in negotiations to place its Dutch workers' pensions with the industry-wide pension fund for the Metalektro (PME).

  • News

    AP3 appoints 12 GTAA managers

    2007-07-03T16:10:00Z

    [17:10 CEST 03-07] SWEDEN - The SEK212.2bn (€22.9bn) third Swedish buffer fund, AP3 has appointed 12 managers within global tactical asset allocation (GTAA) as it seeks to diversify its active risk taking.

  • News

    PKA mandates hail 'responsible' focus

    2007-07-03T16:09:05Z

    [17:08 CEST 03-07] DENMARK - Danish occupational pension funds administrator Pensionskassernes Administration (PKA) has hired fund manager Hermes to carry out share-ownership responsibilities for its €3.7bn of non-domestic equity investments, the two parties said.

  • News

    Bolton hits out at market activists

    2007-07-03T16:07:34Z

    [17:07 CEST 03-07] EUROPE - Fidelity Investments has accused some activist shareholders of buying small holdings in companies merely to make short-term gains on the stock market.

  • News

    IPE-QUEST: $100m REIT mandate

    2007-07-02T16:07:06Z

    NETHERLANDS – A Dutch institutional investor is looking for a real estate manager via IPE-Quest.

  • News

    HSBC bank scheme names new managers

    2007-06-29T16:01:10Z

    [17:01 CEST 29-06] UK – The £10.5bn (€15.6bn) HSBC Bank UK pension scheme has appointed Ashmore and AXA Investment Management in a portfolio revamp.

  • News

    Pension fund investment needs “not being met” - Create

    2007-06-28T16:02:20Z

    [17:02 CEST 28-06] EUROPE - Asset management houses are failing to deliver the type of investment offerings pension funds actually want, according to an investment think-tank.

  • News

    AP4 seeks Asian equities managers

    2007-06-28T16:01:36Z

    [17:01 CEST 28-06] SWEDEN – The fourth buffer fund Fjärde AP-fonden is tendering for management of €1.5bn in Japanese and Pacific equities.

  • News

    SBZ mandates ABN and Russell

    2007-06-27T16:02:53Z

    NETHERLANDS - The €2.5bn industry-wide pension fund for care insurers, SBZ has placed its asset management with ABN Amro Asset Management (AAAM) and Russell Investment Group.

  • News

    Carnegie looks beyond Nordics

    2007-06-27T16:01:57Z

    DENMARK - Carnegie Asset Management is looking beyond the Nordic region to double assets in its Worldwide Fund from €8bn to €16bn.

  • News

    Architects and teachers to join forces

    2007-06-27T15:57:39Z

    DENMARK – Three pension funds for professionals are planning an alliance that would oversee DKK63bn (€8.46bn) for 70,000 members.

  • News

    Oyak opens to overseas investment

    2007-06-25T15:25:39Z

    [16:25 CEST 25-06] TURKEY - Oyak, the Turkish Army Pension Fund, is selling its subsidiary Oyak Bank to the Dutch ING Group for $2.67bn (€1.98bn) and opening its investment strategy to energy and foreign assets.

  • News

    Pension fund alternatives reach €445bn

    2007-06-25T15:21:00Z

    [16:21 CEST 25-06] GLOBAL - Almost $600bn (€445bn) of global ‘alternative’ assets are invested by pension funds through the world’s top 99 alternative asset managers, a study by Watson Wyatt Investment Consulting has concluded.

  • News

    UBS stake in Julius Baer sold

    2007-06-25T15:20:12Z

    [16:20 CEST 25-06] SWITZERLAND – Swiss private bank Julius Baer has bought back 5.47% of its shares held by Swiss banking group UBS, while the remaining stake has been sold on the stock market.

  • News

    FRR reviews currency mandate

    2007-06-25T10:02:00Z

    [11:02 CEST 25-06] FRANCE – The €32bn Fonds de Réserve pour les Retraites (FRR) is reviewing its overlay manager State Street Global Advisors and has awarded three equity mandates.

  • News

    IPE-QUEST: $50m hedge fund strategy mandate

    2007-06-25T10:00:25Z

    [11:00 CEST 25-06] EUROPE – A continental European pension fund is looking for an active global equity market neutral manager, using IPE Quest.

  • News

    American asset managers win over Europe

    2007-06-22T15:24:47Z

    [16:24 CEST 22-06] EUROPE - US-based asset managers saw their business in Europe rise by 18% in 2006 – substantially higher than the wider European market – according to figures compiled for IPE’s Top 400 Asset Managers report.

  • News

    Finnish church goes SRI

    2007-06-22T15:24:18Z

    [16:24 CEST 22-06] FINLAND – The Evangelical Lutheran Church of Finland’s €746m pension fund is looking for one or more active European equity SRI managers, following its new guidelines for responsible investing.

  • News

    Eurizon Capital gets new CEO

    2007-06-22T15:23:11Z

    [16:23 CEST 22-06] ITALY – Francis Candylaftis is to become the new chief executive at Eurizon Capital, one of the largest Italian asset management houses.

  • News

    France opens way for bonds stripping

    2007-06-22T10:00:07Z

    [11:00 CEST 22-06] FRANCE – European pension funds can now invest in French inflation-linked government bonds and reduce exposure to interest rate volatility thanks to the introduction of bond stripping.