Asset Managers – Page 266
-
News
Korea seeks to arrest ex-Hermes fund manager
KOREA – An arrest warrant has been issued by the South Korean prosecuting authorities for former Hermes Investment Management fund manager Robert Clements, who has left the country.
-
News
Sweden’s AP7 re-tenders €4.7bn
SWEDEN - Sjunde AP-fonden, the Seventh Swedish Pension Fund or AP7, has launched a re-tendering process for three equity mandates amounting to SEK43.9bn (€4.7bn).
-
News
Janus, LGIM, AXA report asset inflows
GLOBAL – Asset management firms Janus, Legal & General Investment Management and AXA Investment Managers have reported billions of euros in asset inflows.
-
News
KPMG names investment management head
UK – KPMG partner Tom Brown has been appointed as the firm’s UK head of investment management and funds.
-
News
Germany’s BVV fund names Aden to board
GERMANY – BVV, a €17.7bn pension fund for the German financial services industry, has appointed Helmut Aden to replace Christoph von Langsdorff on its two-member board.
-
News
F&C’s CFO Paterson Brown to leave
UK – Ian Paterson Brown is to step down as chief financial officer F&C Asset Management by “mutual agreement”.
-
News
Commerzbank names asset management COO
EUROPE – Commerzbank has named Andreas Krebs as chief operating officer for its newly created international asset management division.
-
News
ING, UBS, others form US retirement association
US – ING, UBS and Aviva are among a group of 22 companies that have formed the new Retirement Income Industry Association, or RIIA, to focus on the challenges as the ‘baby boomer’ generation begins to retire.
-
News
Cerulli international chief Phillips moves on
GLOBAL – Benjamin Phillips, international managing director of research and consulting firm Cerulli Associates, has left to join Putnam Lovell NBF Securities’ financial institutions group.
-
News
NAPF governance advisor Lindey to leave
UK - Geoff Lindey, strategic advisor on corporate governance at the National Association of Pension Funds, is to leave.
-
News
PGGM names Overmeer to investment board
NETHERLANDS – Dutch health care sector pension fund PGGM has named Jan Overmeer to its three-strong investment board committee.
-
News
ATP axes F&C from emerging markets brief
DENMARK – F&C Asset Management has been axed from managing a DKK1.3bn (€174m) emerging market equity mandate by Danish pension fund giant ATP.
-
News
Suomi offloads Pohjola shares
FINLAND - Suomi Mutual Life and Ilmarinen Mutual Pension Insurance have completed the sale of their stake in the Pohjola Group to OKO Bank.
-
News
HSBC wins €30.6bn L&G mandate
UK – HSBC Securities Services has been awarded a £21bn (€30.6bn) custody mandate by Legal & General to manage its Eurobond portfolio.
-
News
AXA IM Paris chief joins Robeco
FRANCE – AXA Investment Managers Paris chief executive, Jean-Louis Laurens, has been appointed head of Robeco France from 1 February 2006.
-
News
ABN AMRO boosts hedge funds business with IAM buy
UK - ABN AMRO is buying the fund of hedge funds manager International Asset Management (IAM) in order to strengthen its own fund of hedge funds offerings.
-
News
Deutsche dropped from EAI top researcher list
GLOBAL – Deutsche Bank failed to make the cut in the latest Enhanced Analytics Initiative (EAI) list of top research providers on extra-financial issues (EFI) and intangibles between May 2005 and December 2005.
-
News
Dannheisig said to be leaving BHW Invest
GERMANY – BHW Invest, a Frankfurt-based institutional fund administrator, has declined comment on persistent market rumours that Hans-Jürgen Dannheisig, its managing director, is to leave the company.
-
News
Awareness campaign launched on new securities
EUROPE - Four European institutions have launched an awareness campaign to prepare issuers and their agents for a new legal and holding structure for international debt securities, which will be launched from the end of June.
-
News
State Street’s 2005 revenues grow 10% to $5.5bn
US - Investment services group State Street Corporation has reported a 10% increase in 2005 revenues up to $5.5bn(E4.54bn) from $5bn for the previous year.
