Asset Managers – Page 258
-
News
Stockholm tenders pensions administration
SWEDEN – The city of Stockholm is tendering a roughly SEK30m (€3.2m) four-year occupational pension administration contract.
-
News
FTSE research director Beckley departs
GLOBAL – FTSE Group’s research and development director Carl Beckley is leaving the index provider after almost eight years to join Record Currency Management.
-
News
UK’s Kent County Council rejigs manager roster
UK - The roughly £2.3bn (€3.4bn) Kent County Council pension scheme has axed Goldman Sachs Asset Management from a roughly £350m UK and overseas equities mandate amidst a strategic asset reshuffle at the scheme.
-
News
CalPERS names 11 new managers
GLOBAL – The California Public Employees' Retirement System, the $210bn (€163.8bn) public pensions giant, has selected 11 active international equity managers to manage portfolios in developed and emerging markets.
-
News
Ex-JP Morgan’s Bourgi joins asset-backed firm
UK – Ramy Bourgi, the former co-head of JP Morgan’s European custody business, has been appointed business development director at Cambridge Place Investment Management.
-
News
AXA Rosenberg wins €370m AP7 mandate
SWEDEN - AXA Rosenberg says it has been awarded a €320m pan-European equities mandate by SEK68bn Swedish buffer fund Sjunde AP-fonden.
-
News
SEB hit as asset management CEO quits
SWEDEN – Harry Klagsbrun, chief executive of SEB Asset Management, has quit to join private equity firm EQT Partners as a senior partner.
-
News
Barclays Global Investors’ ETF head Lavine exits
EUROPE – Bruce Lavine, head of Europe at Barclays Global Investors’ iShares exchange-traded funds arm, has left.
-
News
ING IM to re-enter German institutional market
GERMANY – The asset management arm of Dutch bank ING says it is planning to open an office in Germany – most likely Frankfurt – for a renewed assault on the German institutional market.
-
News
Norway global fund set to top €218bn
NORWAY – Norway’s Government Pension Fund – Global, the former Petroleum Fund, is set to grow to about NOK1.7trn (€218.4bn) by the end of this year.
-
News
Dutch insurers oppose mandatory industry schemes
NETHERLANDS - Dutch insurers have voiced their opposition to the mandatory participation of company pension schemes in industry-wide pension funds.
-
News
T. Rowe nabs Insight institutional chief Millar
UK – Stephen Millar, director of institutional business development at Insight Investments, has quit to join T. Rowe Price Global Investment Services as consultant relations chief for Europe.
-
News
Insight, Russell team up to offer LDI
UK – Insight Investments and Russell Investment Group have teamed up to offer customised liability-driven investment solutions to mid-sized UK pension funds.
-
News
Sal. Oppenheim buys into UK hedge funds
GERMANY – Sal. Oppenheim, a German private bank, has acquired sizeable stakes in London-based hedge fund providers Attica Alternative Investments (AAI) and Integrated Asset Management (IAM). Financial details were not disclosed.
-
News
New German asset management consultancy launched
GERMANY – Two former executives at fund administrator BHW Invest have launched a new consulting firm targeted mainly at German asset managers.
-
News
Railpen names head of investment management
UK - Railpen Investments, which runs the £17bn (€24.9bn) industry-wide Railways Pension Scheme, has named the Wellcome Trust's Keith Shepherd to the new role of head of investment management.
-
News
KAS Bank to open German office
EUROPE – KAS Bank is due to open an office in Germany in the second half of this year, according to managing director Laurens Vis.
-
News
Dutch minister: don’t blame me for FTK impact
NETHERLANDS – Dutch social affairs minister Art Jan de Geus says he takes no responsibility for the impact on pension funds’ asset allocation following the new Financial Assessment Framework (nFTK).
-
News
Van Lanschot investment director Kraan dies
EUROPE – Theo Kraan, private investment director of Dutch-based Van Lanschot Bankiers, has died in an accident.
-
News
Hermes CIO Mustoe joins Pictet
UK – Nick Mustoe, chief investment officer of Hermes Pensions Management, will quit at the end of May to become CIO head of equities of Pictet Asset Management (updated).
