Asset Managers – Page 252
-
News
F&C Netherlands makes hires
EUROPE – Liesbeth Rutgers, fixed income chief at private banking outfit Theodoor Gilissen Bankiers, has been appointed institutional business co-director at F&C Netherlands.
-
News
Fitch to rate managers’ investment process
GLOBAL – Fitch Ratings has launched ratings of asset managers’ investment processes.
-
News
CalPERS JV to target Spanish holiday homes
REAL ESTATE - The California Public Employees' Retirement System (CalPERS) is to invest in Mediterranean holiday homes via a €231m fund set up with private US developer Hines.
-
News
DeAM names master fund head
GERMANY – Deutsche Asset Management (DeAM) has appointed Marcus Göring to head a new business unit dedicated to so-called ‘master funds’ for institutional investors in Germany.
-
News
BGI nabs ABN Amro AM’s Thijssen
BENELUX – Roel Thijssen, Middle East and Africa chief for ABN Amro Asset Management, has quit to join Barclays Global Investors as client relationship officer for strategic accounts in the Benelux.
-
News
Nestlé setting up UK asset manager
UK – Nestlé says it is setting up a UK-based asset manager to provide services for its global pension funds.
-
News
Legg Mason revamps structure, management
GLOBAL – Legg Mason has organized its business into three units and revamped its management structure as it absorbs its acquisition of the Citigroup Asset Management business.
-
News
MN Services, Cordares pool investment expertise
NETHERLANDS - The two largest Dutch pension providers, MN Services and Cordares, have decided to intensify their cooperation by pooling their investment expertise.
-
News
Merrill launches swap indices for pension funds
GLOBAL - Merrill Lynch has launched a new swap index series to help cater for the trend towards liability-driven investing by pension funds.
-
News
GSAM wins €750m Océ fiduciary deal
NETHERLANDS - Goldman Sachs Asset Management says it has been appointed to as fiduciary manager for €750m in assets at Stichting Pensioenfonds Océ.
-
News
London pension fund to review arms investing
UK – The roughly £3.3bn (€4.8bn) London Pension Fund Authority will review its investment in arms manufacturing companies at a public board meeting next week.
-
News
MN Services, Robeco at odds over fund mergers
NETHERLANDS – Forced mergers between smaller pension funds are undesirable because they’ll become dependent on big banks, says MN Services.
-
News
ING IM names new institutional clients MD
NETHERLANDS – Arthur van der Wal, current head of relationship management for institutional clients at ING Investment Management, has been named managing director institutional clients with effect from July 1.
-
News
Belgian funds ‘forced into SRI investing’
BELGIUM – Public authorities in Brussels must invest “at least” 10% of their pension schemes in socially responsible investment under new orders approved by government.
-
News
Lane Clark parent gets private equity approach
UK – Alexander Forbes, the South African-based parent company of UK actuaries Lane Clark & Peacock, is in talks with private equity investors about a sale of the entire group.
-
News
IMA says managers could run UK national scheme
UK – Fund managers could indeed run the proposed National Pensions Savings Scheme at low cost using institutional management, according to the Investment Management Association.
-
News
Finland’s Varma offloads €74m of retail
REAL ESTATE – Varma Mutual Pension Insurance Co., Finland’s largest private insurance company, has agreed to sell 116 retail properties to a real estate fund.
-
News
BIG forms private equity joint venture
IRELAND – Financial services outfit Bank of Ireland Group (BIG) has formed a joint venture with US private equity specialist Paul Capital Partners to provide private equity fund of funds products and advisory services to institutional and other investors worldwide.
-
News
CBRE in deal with Oxford Property Consultants
REAL ESTATE – UK real estate research and investment firm Oxford Property Consultants has inked a deal with CB Richard Ellis.
-
News
CalPERS names asset allocation consultants
GLOBAL – The California Public Employees’ Retirement System (CalPERS), the $210bn (€163.8bn) public pensions giant, has “tentatively” selected contractors for asset allocation consulting, securities lending services and administration of supplemental savings programmes.
