Asset Managers – Page 274
-
News
Icelandic pension fund consolidation continues
ICELAND - Two regional Icelandic pension funds are close to finalising a €500m merger agreement.
-
News
New Dutch postal fund to be set up
NETHERLANDS - Dutch postal operator TNT is to set up a new career-average pension fund for around 20,000 post deliverers.
-
News
IPE's Hurst wins SSGA fund management award
EUROPE - Martin Hurst, Features Writer at IPE Magazine, has won the Best Fund Management Trade Journalist award at State Street Global Advisors' annual UK institutional press awards.
-
News
ABN Amro names new asset management CEO
GLOBAL – ABN Amro has named Sarah Russell, an Australian who joined the bank in 1994, as chief executive of its asset management division.
-
News
Row erupts over German master funds
GERMANY – The head of investments at German insurer VHV has blasted German master funds, saying they haven’t delivered on their promises.
-
News
Watson Wyatt seeking manager researchers
UK – Consulting firm Watson Wyatt has advertised job vacancies for manager researchers, based in Reigate or London.
-
News
Commission set to present portability directive
EUROPE – The European Commission is set to approve a delayed occupational pensions portability directive on October 20 - yet the document has already drawn fire from Germany’s occupational pensions lobby Aba.
-
News
Watson Wyatt makes three Dutch hires
NETHERLANDS – Watson Wyatt has hired three new staff for its “rapidly expanding” investment consulting team in the Netherlands.
-
News
Mellon Global names Austria, Swiss sales chief
EUROPE – US asset manager Mellon Global Investments has hired Rainer Lenzin from Lehman Brothers in Zurich to be its new vice president for fund sales in Austria and Switzerland.
-
News
European pension funds sue News Corp.
GLOBAL – Major European pension institutions such as ABP, USS and Hermes are among a group of institutional investors which have launched a lawsuit against Rupert Murdoch’s News Corp. over a poison pill arrangement.
-
News
Germany: Aventis scheme in €800m FX move
GERMANY – Aventis Pensionstreuhand, the €1.9bn pension fund for pharmaceuticals giant Sanofi-Aventis, has awarded State Street Global Advisors an €800m currency overlay mandate.
-
News
US-based Principal to open Munich branch
GERMANY – US fixed-income specialist Principal Global Investors plans to open a branch in Munich from January 2006.
-
News
Volvo Dutch scheme outsources to MN Services
NETHERLANDS – Stichting Pensioenfonds Volvo Car BV (VCBV) has agreed to outsource the management of a third of its total investment portfolio (€200m) to MN Services – the fund’s new fiduciary manager.
-
News
Dutch SCGOP changes name and chairman
NETHERLANDS – The Dutch Foundation of Corporate Governance Research for Pension Funds, or SCGOP, has changed its name and plans to widen its membership.
-
News
Robeco names DNB’s Hoogduin as chief economist
NETHERLANDS – Robeco, the asset management arm of Rabobank, has named De Nederlandsche Bank’s Lex Hoogduin to succeed Jaap van Duijn as chief economist.
-
News
Railpen chief resisting flight to bonds
UK – Chris Hitchen, chief executive of the £15.5bn (€23bn) Railways Pension Trustee Co., Railpen, says that pension schemes’ shift to fixed income was an “overreaction”.
-
News
IXIS Asset Management names Leroux as CIO
FRANCE – IXIS Asset Management has named SCOR Asset Management’s Véronique Leroux as its new chief investment officer.
-
News
MN Services’ Rademaker quits to join Kempen
NETHERLANDS – MN Services’ managing director of asset management, Hans Rademaker, is leaving to become managing director of fiduciary management at Kempen & Co.
-
News
Foreign managers gain in Dutch pension market
NETHERLANDS - Foreign asset managers have gained in the €528bn Dutch pensions market, according to consulting firm Bureau Bosch.
-
News
Helaba rules out German multi-manager fund
GERMANY - Helaba Northern Trust, the asset management venture between German Landesbank Helaba and US bank Northern Trust, has, for the time being, ruled out launching a multi-manager fund for the German institutional market.
