Asset Managers – Page 310
-
News
Hermes, DeAM officials join UK accounting board
UK – Tony Good, the former head of investment research at Norwich Union Investment Management who is now with Hermes, has joined the UK’s accounting standard Board – along with Peter Westlake of Deutsche Asset Management.
-
News
NAPF sees “no evidence” of short-termism
UK – The head of the National Association of Pension Funds says there is “no evidence” that asset managers are fired for poor short-term performance.
-
News
Molenaar to head Robeco Asset Management
NETHERLANDS – Robeco has named Niek Molenaar as head of Robeco Asset Management as part of a revamp that has left marketing head Hans van der Koogh ousted from the firm’s top level.
-
News
PKA awards E81m Japanese brief to SSGA
DENMARK - The 9.7 billion-euro Danish administration company for occupational pension funds Pensionskassernes Administration has awarded State Street Global Advisors a 100 million-dollar (81.7 million-euro) active Japanese equity mandate.
-
News
Austria considers civil service pension fund
AUSTRIA - The Austrian pension market could be boosted by up to 100,000 new pension scheme members with the cabinet poised to consider a draft to set up a pension fund for civil servants.
-
News
Reuters’ ex-asset management chief quits
UK – Jane Platt, former president of asset management at information group Reuters, says she will leave the company at the end of October.
-
News
Global finance chiefs reviewing hedge funds
GLOBAL – The central bankers, regulators and international bodies that comprise the Financial Stability Forum say they are scrutinizing the impact of hedge fund inflows on markets and institutions’ risk.
-
News
List of this week’s UK pension fund disclosures
UK – The following are UK pension funds’ holdings in companies that have been disclosed this week under the Financial Services Authority’s stock market listing rules.
-
News
Swiss social fund names CL exec as controller
SWITZERLAND- The Swiss Social Security Compensation Pension Fund AHV has hired Bettina Viedma of Credit Lyonnais Securities as its new investment controller.
-
News
Swiss AHV investment head Kuttler joins Citigroup
SWITZERLAND - Philippe Kuttler, a top official of the Swiss Social Security Pension Fund AHV, has joined Citigroup Asset Management to lead business development in the Swiss market.
-
News
Santander fires asset management CEO Picon
SPAIN - Grupo Santander has fired the head of its asset management business. Ismael Picon had been chief executive of Santander Asset Management for two years and he had worked for the bank since 1993.
-
News
Ex-SPF CIO Groeneveld joins medical fund
NETHERLANDS - Ton Groeneveld, the former chief investment officer at Dutch railways scheme SPF Beheer has joined the 10.5 billion-euro medical scheme SBA on an interim basis as head of asset management.
-
News
KAS Bank says first half profit rises 7%
NETHERLANDS – KAS Bank says its first-half net profit rose seven percent to 8.8 million euros from 8.2 million euros a year ago, with the company forescasting a “healthy profit recovery”.
-
News
Asset management back-office deals set to grow
EUROPE – The market for outsourcing back office functions in the European asset management industry will reach 758 million dollars (622.5 million euros) by 2006, says Datamonitor.
-
News
ABP equities chief Straatman gains fixed income
NETHERLANDS – ABP Investments, the asset management arm of Europe’s largest pension fund, has rotated the responsibilities of its board of directors – with equities chief Jan Straatman also gaining responsibility for fixed income.
-
News
Aon enters Swedish pension consulting market
SWEDEN – Aon Consulting says it has entered the Swedish pension consulting market – aiming to become market leader by 2007.
-
News
Credit Agricole AM in E12bn asset boost
FRANCE – Assets under management at Credit Agricole‘s asset management business rose by 12 billion euros in the fist half – boosted by institutional and corporate inflows.
-
News
Schroders Benelux MD van Daalen leaves
BENELUX – Pieter van Daalen, managing director of Schroders Investment Management Benelux, has left the company.
-
News
UK’s RBS hires consultants for European pensions
UK – The Royal Bank of Scotland has hired consultants from Mercer Investment Consulting and Milliman UK to boost its UK and European Insurance and Pensions Group.
-
News
UK’s FSA names Huertas to oversee asset managers
UK – The UK’s main financial regulator, the Financial Services Authority, has named Citigroup transaction services executive Thomas Huertas to oversee wholesale and institutional markets such as asset management.
