Asset Managers – Page 374
-
News
Hermes invests in new Osprey property fund
UK – Hermes Property Asset Management and Bank of Scotland Corporate Banking are among the investors in the newly-established Osprey Limited Partnership, a high-yielding, commercial property fund with a target size of £300m (€485m). The fund starts life with an initial investment of £12m but the amount invested by Hermes ...
-
News
Six Dutch pension schemes to merge activities
NETHERLANDS- Six of the Netherlands’ medium-sized funds have announced they are to co-operate and to bring together every aspect of running the schemes including investment management, custody, administration and IT systems.
-
News
Mellon hires Threadneedle's marketing director
UK- Mellon Global Investments (MGI), the distribution subsidiary of Mellon Financial Corporation, has appointed Threadneedle’s Alan Mearns as head of global marketing.
-
News
New Star launches Dublin umbrella fund
IRELAND- New Star International is launching six actively managed funds offering three currency classes of share. The Dublin based OEIC, New Star global investment funds, will give investors access to New Star's fund managers.
-
News
Frank Russell adds Suffolk to multi manager roster
UK- Frank Russell Company has added New York-based Suffolk Capital Management to its roster of investment managers. The multi manager hired Suffolk to work on the Dublin and Cayman-domiciled US equity funds worth a respective $1.3bn and $420m.
-
News
Yorkshire hands e900m to Schroders and Western
UK – The £865m (€1,407m) Yorkshire Electricity Group pension scheme has carried out a strategic asset allocation review that has led to the appointment of Schroders and Western Asset Management to run two new £280m (€455m) sterling fixed income mandates.
-
News
Punter Southall hires Forest-Jones from Aon
UK – Consulting actuaries firm, Punter Southall has appointed Graham Forest-Jones as group marketing director to its London office. The move follows the recent appointment of Graeme Muir as head of the group’s public sector pensions department.
-
News
AXA IM promotes Moreau to CEO
UK- AXA Investment Managers, one of Europe's largest fund managers, has announced the appointment of Nicolas Moreau as chief executive.
-
News
JP Morgan's Lowrie joins Newton IM
UK – London-based Newton Investment Management has appointed Audrey Lowrie as a fund manager with responsibility for UK institutional equities and global multi-asset portfolios.
-
News
Investec adds to London-based institutional team
UK - Investec Asset Management has won three new mandates worth £218m (€355m) and announced two new senior appointments to its London-based institutional marketing team.
-
News
Reform to Italy's closed pensions hits trouble
ITALY - The pensions reform package to the closed pensions market in Italy has run into trouble and is unlikely to be passed, warns Roberto Casanova at Milan-based financial consultants IAMA Consulting. Were the package passed, IAMA predicts assets under management in the closed pension fund industry will grow ...
-
News
Stamford opens multi manager to UK market
GUERNSEY/UK- Stamford Asset Management is opening up its Guernsey-based collective investment scheme, the multi-manager investment programme (MMIP), to the UK institutional market.
-
News
NTMA announces seven managers for final e2bn
IRELAND- Ireland’s National Treasury Management Agency (NTMA) has announced the final seven managers to run the unallocated e2bn of the National Pensions Reserve Fund’s e8bn in assets.
-
News
Deutsche and Amvescap strike distribution deal
GERMANY/UK- Deutsche Bank and Amvescap’s Invesco have announced an alliance in which Deutsche will distribute Invesco’s products to its client base.
-
News
Rothschild launches UK corporate bond fund
UK – London-based Rothschild Asset Management has launched a new UK corporate bond fund as part of its institutional pooled fund range. The new fund will have an initial value of £37.5m (€61.2m) and is part of its Five Arrows open-ended investment company (OEIC) fund range.
-
News
Wilding to replace Piermay at EURACS
NETHERLANDS- The European Actuarial Consulting Services (EURACS) has appointed Danny Wilding of Barnett Waddingham as chairman to succeed Dominique Piermay of Fixage following the actuarial company's decision to leave and join the consulting network Milliman Global.
-
News
UK budget is bad news for property investors
UK – Changes to stamp duty on commercial property announced in chancellor Gordon Brown’s budget will lead to growth in the property unit trust market according to Tim Bell, director of property at F&C Management in London.
-
News
CDC IXIS loses head of European equities to Fortis
FRANCE – French investment management group, CDC IXIS Asset Management in Paris has lost its head of European equities, Gilles Meshaka, as well as three members of his team, Sadri Tamarat, Laurent Jacquier-Laforge and Pierre-Alain Labat. All four are reportedly moving to rival asset manager, Fortis Investment Management, as part ...
-
News
Brainpower and Lipper sign data agreement
GLOBAL- Neuer Markt-quoted Brainpower, provider of investment analysis software, has announced a global agreement with fund information company Lipper to offer its mutual fund data for the UK, European, US and Asian markets integrated with Brainpower's various analytical tools.
-
News
Credit Agricole adds to its Benelux operation
BELGIUM- Credit Agricole Asset Management is adding to its Brussels office with the appointment of Sandra Lequime as senior client relationship manager. She joins from State Street Global Advisors in Brussels where she was in charge of sales and client servicing for large Dutch pension funds.
