Asset Managers – Page 250
-
News
Icelandic pension funds buy into financial group
ICELAND – Nine Icelandic pension funds have bought more than six percent of financial services group Exista from Kaupthing Bank.
-
News
LGIM names global fixed income head
GLOBAL - Legal & General Investment Management has named Gartmore's Roger Bartley as its new global head of fixed income.
-
News
Deutsche asset mgmt division assets down €33bn
GLOBAL – Invested assets at Deutsche Bank’s asset management division have slipped by €33bn amid an unspecified amount of net institutional asset outflows.
-
News
ABN Amro AM profits fall amid €1.8bn outflow
GLOBAL – ABN Amro has disclosed €1.8bn in net outflows and a fall in profits at its asset management business unit in the second quarter of 2006.
-
News
Germany's Westfalen-Lippe fund backs Hermes
GERMANY - The €6.85bn Westfalen-Lippe doctors' pension fund has put €25m into the Hermes European Focus Fund.
-
News
Mercer takes over at €2.4bn Allied Domecq scheme
EUROPE – Mercer Human Resource Consulting has taken over the running of the €2.4bn pension fund of drinks firm Allied Domecq.
-
News
State Street CEO eyes hedge fund acquisitions
GLOBAL – State Street chief executive Ron Logue has indicated that the bank sees opportunities to make acquisitions in the areas of asset management, institutional books of business and - possibly - hedge funds.
-
News
Williams exits Railpen Investments after a year
UK – Griff Williams, senior investment manager at Railpen Investments, has left after just over a year to join Pioneer Investments.
-
News
L&G eyes longevity risk products for big schemes
UK – Legal & General says it sees “significant” growth opportunities in new products offering longevity products to larger pension schemes.
-
News
New report calls for European pensions regulator
EUROPE – A new report has called for a European pension regulator among a host of recommendations for the global pensions industry.
-
News
Myners joins Land Securities as chairman
UK – Paul Myners, the former Gartmore chief who wrote an influential report on institutional investment for the government, is to join real estate firm Land Securities as chairman.
-
News
SSGA Nordic chief de Greef joins Acadian
EUROPE - Laurent de Greef, head of marketing and business development for Nordic and Southern Europe at State Street Global Advisors, has joined Acadian Asset Management to run its new London office.
-
News
Belgium legislates for pan-European funds
BELGIUM - The Belgian government has passed legislation enabling pan-European pension funds to operate in and from the country.
-
News
Russell hires Mercer Global Investments chief
GLOBAL - Russell Investment Group has hired Mercer Global Investment’s US president Barry McInerney as director of client service.
-
News
Legg Mason axes 410 jobs as clients pull $7bn
US – Legg Mason says it has axed 410 jobs following its acquisition last year of Citigroup Asset Management and the Permal Group.
-
News
Forbo scheme names MN as investment manager
NETHERLANDS - The company pension fund of linoleum producer Forbo has selected MN Services as its new investment manager, MN has announced.
-
News
Eureko to sue Polish govt as row escalates
NETHERLANDS – Eureko, the Dutch insurer which owns pensions firm Achmea, is to sue the Polish State Treasury for an infringement of its personal rights.
-
News
Bromley hands CAAM €58.5m in absolute returns
UK – The £320m (€468m) London Borough of Bromley Pension Fund has awarded Crédit Agricole Asset Management a £40m (58.5m) absolute return mandate.
-
News
Oppenheim asset chief Borgmeier quits for rival
GERMANY – Bernd Borgmeier, co-head of Sal. Oppenheim’s asset management arm, has stepped down to join rival M.M. Warburg.
-
News
Activest CEO Fehrenbach resigns
GERMANY – Andreas Fehrenbach, chief executive of German asset manager Activest, has resigned to make room for Dominik Kremer, the German head of Pioneer Investments, as part of Pioneer’s full absorption of Activest this autumn.
