Asset Managers – Page 287
-
News
Handbook flags directive’s impact on hedge funds
IRELAND – The European savings directive on the funds industry will have an impact on Hedge funds and hedge fund of funds, according to a handbook from Dublin- and London-based funds consultancy Carne Global Financial Services.
-
News
Mercer hires MLIM’s Williams for investment biz
UK – Mercer Investment Consulting says it has hired Cara Williams from Merrill Lynch Investment Managers in New York.
-
News
Deutsche hires UBS exec for hedge fund marketing
EUROPE – Deutsche Bank says it has hired a marketing executive from UBS as head of European distribution for its Deutsche Asset Management arm’s absolute return strategies unit.
-
News
Watson Wyatt European chiefs earn more than CEO
EUROPE – Senior figures at Watson Wyatt in Europe such as Roger Urwin and Paul Thornton earn more in combined salary and bonus than the firm’s chief executive John Haley, it has emerged.
-
News
HVB-Unicredit to centralise asset management
EUROPE – The asset management activities of the merged UniCredit and HVB are set to be centralised in Milan under Dario Frigerio (deletes reference to Matteo Perruccio).
-
News
Henderson loses out in North Yorkshire revamp
UK – The £880m (€1.31bn) North Yorkshire Pension Fund has dismissed Henderson Global Investors from a balanced mandate worth 22% of the fund.
-
News
Ex-Robeco investment chief van Duijn retires
NETHERLANDS – Jaap van Duijn, the former chief investment officer at Robeco, the asset management arm of Dutch bank Rabobank, is to retire on October 1 aged 61.
-
News
South Yorkshire scheme loses team member
UK – The South Yorkshire Pensions Authority, which manages £2.7bn (€4bn) of assets, is looking for an investment manager following the departure of one of its six-strong investment team.
-
News
Société Générale UK asset chief Percy steps down
UK - Keith Percy, chairman and chief executive of Société Générale's UK asset management arm, is standing down as CEO.
-
News
Italian lawyers’ scheme backs green initiative
ITALY – The Italian legal pension scheme, Cassa Nazionale di Previdenza Forense, is among institutional backers of new €10m environmental initiative.
-
News
Mercer sees no chance for pan-European DB
EUROPE - Defined benefit pension schemes may never be achieved at a pan-European level, according to consulting firm Mercer (corrects spelling of Stainier).
-
News
JP Morgan’s Reichl joins Bayern-Invest
GERMANY - German institutional fund manager Bayern-Invest has recruited a senior executive from the German arm of JP Morgan for a new seat on its management board.
-
News
Governance group GES sets up engagement forum
EUROPE – Corporate governance consulting firm GES Investment Services has set up an ‘engagement forum’ for pension funds.
-
News
Dutch pension governance group gets new head
NETHERLANDS – A Dutch treasury official is to take over from former Unilever pension executive Jos van Niekerk as director of the Dutch Foundation for Corporate Governance Research for Pension Funds, or SCGOP.
-
News
Cominvest names new institutional chief
GERMANY - Fund manager Cominvest has appointed Volker Kurr as its new head of institutional business, effective immediately.
-
News
Allianz sets up pension advisory, sales firm
GERMANY - Insurance giant Allianz has created a pension sales and advisory firm in a bid to capitalise on an expected boom in German occupational pensions over the next decade.
-
News
Deutsche revamps Swiss asset management
SWITZERLAND - Deutsche Bank has revamped the executive team at its Swiss asset management divisions DWS and Deutsche Asset Management.
-
News
ABP-backed fund buys into Dutch utility
NETHERLANDS – Macquarie Bank’s European infrastructure fund, which is backed by institutional investors such as Dutch pension fund ABP, has agreed to buy a 49% stake in utilities group NRE Holding for around €80m.
-
News
Dutch building fund changes name, seeks clients
NETHERLANDS - The Dutch social fund for the building industry, or SFB, has changed its name and says it will intensify its efforts in finding new clients.
-
News
Germany’s DekaBank in pensions consulting tie
GERMANY – Fund manager DekaBank has formed a joint venture with Neuburger & Partner, a Munich-based actuarial and pensions consultancy, to provide pensions consulting to German institutional clients.
