Asset Managers – Page 301

  • News

    CSAM targets Danish investors

    2004-12-23T02:51:00Z

    DENMARK - Credit Suisse Asset Management has received regulatory permission to offer nine Luxembourg-domiciled investment funds to Danish pensions investors from 1 January 2005.

  • News

    Boal defection delivers further BIAM blow

    2004-12-23T02:48:00Z

    IRELAND – The departure of Bank of Ireland Asset Management UK head David Boal to join five previous defectors to Perpetual Trustees has prompted speculation about its future path.

  • News

    Morley Fund Management unveils Polish hedge fund

    2004-12-23T01:53:00Z

    POLAND - Morley Fund Management says it will launch its first hedge fund managed and invested in Poland.

  • News

    JP Morgan Fleming institutional head White quits

    2004-12-22T03:36:00Z

    UK - The head of international institutional business at JP Morgan Fleming Asset Management, Mark White, has left the company after 28 years to “pursue external opportunities”.

  • News

    Dutch pharmacists sack ING’s “abominable” NN

    2004-12-22T03:14:00Z

    NETHERLANDS - The E800m pension fund for public pharmacists in the Netherlands has sacked its administrator Nationale Nederlanden and opted instead for common management firm AZL.

  • News

    BIAM names global equities director

    2004-12-21T03:55:00Z

    EUROPE - Bank of Ireland Asset Management has named Morgan Stanley Investment Management’s Paul Boyne as a director with global equities responsibility.

  • News

    Morgan Stanley adds $22bn in institutional assets

    2004-12-21T03:38:00Z

    GLOBAL – Morgan Stanley Investment Management gained $22bn (E16.5bn) in institutional assets in the fourth quarter – taking total institutional AUM to $222bn.

  • News

    Crédit Agricole, Caisse d’Epargne in custody tie

    2004-12-20T04:00:00Z

    FRANCE - Crédit Agricole and Caisse Nationale des Caisses d’Epargne have confirmed they are looking at combining their securities services businesses - with a view to creating a “major player” in the industry.

  • News

    AP3 changes mandate structure for US equities

    2004-12-20T03:05:00Z

    SWEDEN - The 152 billion-crown (17 billion-euro) Third Swedish National Pension Fund, Tredje AP-fonden or AP3, has divided its 15 billion-crown US equity portfolio into three market-cap brackets.

  • News

    Siemens pension chief Miller departs

    2004-12-17T04:25:00Z

    UK – Tony Miller, general manager of the £1.2bn pension (E1.75bn) scheme of Siemens Shared Services Ltd., has left the fund following a review of the schemes’ structure.

  • News

    Metzler in German institutional asset boost

    2004-12-17T04:12:00Z

    GERMANY - Citing robust investor demand for so-called “master funds,” Germany’s Metzler Asset Management says its institutional assets under management (AUM) have increased by almost one-third this year.

  • News

    Northern Trust: ‘bond fundamentals remain strong’

    2004-12-16T04:46:00Z

    UNITED STATES – Chicago-based banking giant Northern Trust sounded an upbeat note on the bond market, saying fundamental averages of bonds remained “strong”.

  • News

    US IT giant EDS to buy Germany’s BHW Invest

    2004-12-16T04:40:00Z

    GERMANY -- BHW Invest, a German asset manager specialising in the so-called master fund concept, is to be sold to US information technology giant EDS.

  • News

    HPM to break chair link with BTPS

    2004-12-16T04:24:00Z

    UK – Hermes Pensions Management (HPM), the asset management arm of the British Telecom Pension Scheme (BTPS), has announced that from next month it will separate the roles of its chairman and that of chairman of BTPS, which owns 100% of HPM.

  • News

    Lancashire CC Pension Fund allocates mandates

    2004-12-16T04:21:00Z

    UK – The £2.5bn (€3.56bn) Lancashire County Council Pension Fund has appointed two new asset managers and retained two of his previous managers in a revamping of its portfolio. The changes followed an investment strategy review earlier this year.

  • News

    Dorset County PF names new hedge fund manager

    2004-12-16T01:03:00Z

    UK -- Dorset County Pension Fund has appointed London and New York-based fund of hedge funds manager International Asset Management (IAM) to manage a diversified portfolio of hedge funds.

  • News

    UK managers unveil new hedge and cash funds

    2004-12-15T03:12:00Z

    UK -- Threadneedle Asset Management is to launch its Threadneedle Global Crescendo Fund towards the end of the first quarter of next year.

  • News

    Italy’s Pegaso switches investment strategy

    2004-12-15T03:12:00Z

    ITALY - The €103m pension scheme for the employees of the gas and electricity industries is looking for seven asset managers as it changes its investment strategy to cater for its members’ different attitudes to risk.

  • News

    Citigroup consultant head Duffain joins Pioneer

    2004-12-14T03:01:00Z

    EUROPE - Pioneer Investments says it has hired Kerry Duffain from Citigroup Asset Management to be head of investment consultant relations in Europe.

  • News

    F&C unveils inflation-linked bond fund

    2004-12-14T02:59:00Z

    EUROPE - F&C Asset Management has launched a euro-denominated inflation-linked bond fund aimed at pension funds and insurance companies struggling with liabilities.