Asset Managers – Page 362
-
News
Pioneer boosts German sales team
GERMANY - Pioneer Investments is bolstering its international business with four new appointments to its German sales division.
-
News
Warning from IAPF as Irish pensions assets tumble
IRELAND - John Feely, chairman of the Irish Association of Pension Funds (IAPF), has offered a word of warning to those planning saving for retirement, following a survey which shows total assets of Irish pension funds to have fallen to e43bn this year from e50.6bn at the end of 2001.
-
News
Pioneer France names head of institutional clients
FRANCE- Pioneer Investments (France) has appointed Astrid Lubin to the new position of head of institutional clients for France. She will be responsible for the promotion and development of alternative investments and will be based in Paris.
-
News
Northern Trust adds to multi manager line up
UK- Northern Trust’s multi-manager business has appointed Raphael Robelin of Invesco, and Jonathan Platt of Royal London Asset Management as managers for its UK multi-manager fixed interest fund.
-
News
Danske Capital receives GIPS compliance
DENMARK - Danske Capital, the asset management arm of Danske Bank, has announced it has received compliance with the Global Investment Performance Standards (GIPS).
-
News
Highlands tenders e475m Rothschild mandate
UK- The Highland Council’s £400m (e633m) pension fund has put out to tender a £300m (e475m) balanced mandate, as a result of current manager, Rothschild’s plans to sell its asset management business.
-
News
Newton launches fund for UK institutional schemes
UK- Newton Fund Managers, UK asset management subsidiary of Mellon Financial, has launched an exempt equity alpha fund aimed at UK institutional pension schemes.
-
News
ISC launches new shareholder activism principles
UK- The Institutional Shareholders’ Committee, the association that represents the bulk of UK institutional investors, has launched a series of new principles aimed at encouraging shareholder activism. It maintains the principles are the first comprehensive statement of best practice on the responsibilities of institutional shareholders and investment managers towards the ...
-
News
Ashburton launches money market fund
JERSEY- Ashburton, the Jersey-based investment manager, has launched its first money market funds denominated in sterling, euro and US dollar, which will provide retail investors with the same opportunities as institutional investors of money market funds.
-
News
CSAM launches new Dow Jones sector ETFs.
SWITZERLAND- Credit Suisse Asset Management has announced the launch of three exchange traded funds, the first to track the Dow Jones Titan sector indices. Dow Jones has issued an EFT licence to CSAM on its banks, technology and healthcare Titans indices. The ETFs are listed on the SWX Swiss exchange ...
-
News
Switzerland's ABB Vorsorge names new CEO
SWITZERLAND- ABB Vorsorge, the CHF5.5bn (e3.8bn) pension fund for Swiss employees of the engineering company ABB has announced that Christoph Oeschger will take over as chief executive at the beginning of next year.
-
News
Proposed tax changes threaten Germany's pensions
GERMANY- Proposals by Germany’s coalition government that individuals are to pay capital gains tax on profits from share sales is causing concern for the fund industry, and threatening the new third pillar pensions system.
-
News
Bush urges Senate to pass pensions proposals
US- US President George Bush has urged the Senate to pass his proposals to protect the pensions and retirement security of America’s workers.
-
News
FTSE to launch new series of bond indices
UK- Global index provider FTSE Group is launching a new global bond index series, following its recent acquisition of Reuters’ BONDTOP index family.
-
News
ING and BoNY enter European alliance
EUROPE- ING and the Bank of New York are to create a European commercial alliance focusing on sales, marketing and servicing of global custody and related services. The alliance will see the two entities jointly offering services to institutional clients in Germany, the Benelux and Central and Eastern Europe over ...
-
News
Managers more optimistic about equity prospects
GLOBAL- Fund managers are more optimistic about the prospects for the world equity markets than they have been for a year according to the latest Merrill Lynch fund manager survey.
-
News
Capital secures e158m UK council mandate
UK- Shetland Islands County Council has awarded the mandate for its £100m (e158m) pension fund to Capital International. UBS Global Asset Management, formerly Phillips & Drew, had been running the portfolio for five years, but lost the beauty parade when the five-year mandate period was over.
-
News
Putnam to take over e2.8bn of BT FM's assets
AUSTRALIA/US- BT Funds Management, the Australian global investment manager, will see US-based Putnam Investments take over management of A$5bn (e2.79bn) of its international equity assets when the Westpac acquisition of the majority of the BT Financial Group closes at the end of October.
-
News
Schroders adds to fixed income development team
UK- Schroder Investment Management has appointed Jeremy Cave as head of fixed income business development in continental Europe and the Middle East.
-
News
Good past performance ‘carries forward’ says IMA
UK - UK equity funds with top quartile past performance are more likely to perform well in the future, according to research commissioned by the Investment Management Association, (IMA).
