Asset Managers – Page 233

  • 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.

  • News

    Dutch schemes unfazed by high yield worries

    2007-05-24T09:58:21Z

    [10:58 CEST 24/05] NETHERLANDS - Dutch pension funds aren’t worried yet about gloomy predictions on the future of high yield corporate fixed income investments, they have made clear.

  • News

    Horeca sacks disappointing F&C

    2007-05-23T15:48:00Z

    [16:48 CEST 23/05] NETHERLANDS – Horeca, the €2.7bn industry-wide fund for the Dutch hotel and catering sector, has replaced F&C on two mandates because the asset manager’s performance did “not meet expectations”.

  • News

    Wednesday people roundup

    2007-05-23T15:47:00Z

    [16:47 CEST 23/05] GLOBAL – BNP Paribas, SEB, Watson Wyatt, Hewitt, UBS, IXIS, Stenham, Dexia AM, Credit Suisse, Aberdeen AM, SWIP, Arlington, JLT.

  • News

    ABN Amro AM expands into Zurich

    2007-05-23T11:56:32Z

    [12:56 CEST 23/05] SWITZERLAND – The asset management arm of the beleaguered Dutch ABN Amro bank is opening a full-time operation in Zurich, the firm has announced today.

  • News

    United Norwest seeks multi-asset returns via Barings

    2007-05-23T11:56:13Z

    [12:56 CEST 23/05] UK- The United Norwest Co-operatives Employees’ Pension Fund has handed Baring Asset Management a mandate to manage £23m through its Extended Risk Fund.

  • News

    Leicestershire chooses hedge funds manager

    2007-05-23T10:00:46Z

    [11:00 CEST 23/05] UK – The £1.9bn (€2.8bn) Leicestershire County Council pension fund found a manager for a £105m targeted return mandate.

  • News

    Institutional push for 130/30 returns

    2007-05-21T15:55:03Z

    [16:55 CEST 21/05] EUROPE – Institutional managers and investors are jumping further into 130/30 strategies to gain higher investment returns, according to Dutch Blue Sky Group, the manager of the KLM pension fund assets.

  • News

    Passive mandates set to grow - Universal

    2007-05-21T15:53:50Z

    [16:53 CEST 21/05] GERMANY – As pension funds find some active managers are not really outperforming the benchmark they will move to passive mandates, says Bernd Vorbeck, speaker of the board at Universal Investment.

  • News

    Aegon and UBS form UK buy-out team

    2007-05-21T15:53:36Z

    [16:53 CEST 21/05] UK – Swiss banking major UBS is the latest investment bank to weigh into the lucrative bulk annuity market in a new buy-out joint venture with Dutch insurer Aegon.

  • News

    Art has no taste on pension fund palettes

    2007-05-18T15:51:33Z

    [16:51 CEST] EUROPE - Investing in works of art is likely to remain outside the scope of pension funds’ interest for the foreseeable future despite recent attempts to increase awareness of the alternative asset class.

  • News

    Bedfordshire awards £125m mandate

    2007-05-17T09:55:27Z

    [10:55 CEST 17/05] UK – The £1.07bn (€1.56bn) Bedfordshire County Council pension fund has found a manager for an additional passive equities mandate.

  • News

    Commerzbank to sell French AM arm

    2007-05-16T12:14:51Z

    [13:14 CEST 16/05] GERMANY – Commerzbank, the second-largest German bank, intends to sell its French asset management unit CCR.

  • News

    Wednesday people roundup

    2007-05-16T12:09:36Z

    [13:10 CEST 16/05] GLOBAL – Hewitt, Watson Wyatt, UBS, SWIP, Aegon, Barnett Waddingham, F&C, PIC, Nevsky, Welllington, Deutsche Bank.

  • News

    Replace SRI with sustainable approach - Watson Wyatt

    2007-05-15T15:45:52Z

    [16:45 CEST 15/05] UK – Pension fund managers may be able to meet their fiduciary duty and engage with companies on environmental, social and corporate governance (ESG) issues if they opt for sustainable investment strategies, suggests Watson Wyatt.

  • News

    First ETF to track FTSE All-Share

    2007-05-15T12:00:27Z

    [13:00 CEST 15/05] UK – London is set to become one of the largest ETF trading places in Europe, according to Lyxor Asset Management.