Asset Managers – Page 381
-
News
Austria's APK appoints Boehm to replace CEO Kapl
AUSTRIA- Austria’s e1.5bn APK pension fund has appointed Christian Boehm to succeed Helmut Kapl as chief executive. Boehm has been with APK since its creation in 1989 and was previously Kapl’s second in command.
-
News
Swiss federal scheme denies reports of breaking up
SWITZERLAND – Rumours that Switzerland’s largest pension fund, the Pensionskasse des Bundes (PdB), the federal employees’ pension scheme, is to be broken up are completely unfounded, claims Felix Senn, head of asset management for the fund, which had reported assets of €22.4bn in 2000
-
News
Swiss Fund seeks additional managers for €2.4bn
SWITZERLAND – The SFr10bn (€6.8bn) Swiss Post Office pension fund is to begin searching for additional asset managers in March, having already selected UBS Asset Management, Credit Suisse Asset Management and Pictet to run various portfolios for the recently-created fund.
-
News
Dresdner adds to its UK and European equity team
UK- Dresdner RCM is adding to its UK and European equity team with the appointment of Mark Lovett as a portfolio manager. Lovett will report to Neil Dwane, chief investment officer for Dresdner Global Investors in London.
-
News
Investment managers embrace performance standards
GLOBAL- Most large investment managers now comply with performance presentation standards according to new research from PricewaterhouseCoopers.
-
News
Credit Suisse strengthens fixed income teams
UK/GERMANY/ITALY – Credit Suisse Asset Management (CSAM) has promoted three members of its European fixed income management teams based in London, Frankfurt and Milan.
-
News
Newton appoints new head of European equities
UK – Newton, the London-based asset management subsidiary of Mellon Financial Corporation, has appointed Rajesh Shant as investment leader to its European equities team.
-
News
Dexia launches multi compartment ASSEP
LUXEMBOURG- Dexia Insurance & Pension Services (DIPS) has launched a multi-compartment ASSEP, Dexia Pension Fund, to provide supplementary pension for Dexia Group’s 3,000 Luxembourg-based employees.
-
News
Russell brings multi management to Swiss market
SWITZERLAND – Multi-manager Frank Russell has opened an office in Geneva as part of its European growth strategy.
-
News
Den norske to buy Skandia AM for e350m
NORWAY/SWEDEN- Norway’s largest financial services group Den norske bank is buying Skandia Insurance’s investment management outfit Skandia Asset Management (SAM) for Sek3.2bn (e350m). Skandia manages SEK280bn meaning Den norske’s assets under management will more than triple to Sek400bn following the deal.
-
News
German savings bank launches pensions providers
GERMANY – The German public savings bank network, the Deutsche Sparkassen- und Giroverband (DSGV) and its fund management arm, DGZ DekaBank, has formally established three new retirement provision companies with the German public insurers’ association.
-
News
GSAM launches five new pooled funds
UK – Goldman Sachs Asset Management (GSAM), with £40.3bn (€65bn) under management, has launched five new funds aimed primarily at the UK’s medium and small sized institutional pensions market.
-
News
Forsyth launches its first fixed income fund
UK – London based research and investment management company, Forsyth Partners, has launched a new fixed income fund, the Forsyth Global Bond fund.
-
News
Euro to have significant effect on property market
EUROPE – The introduction of the physical euro will have a significant symbolic impact on investor confidence in the European real estate market, suggests Lasalle Investment Management’s (Lasalle IM) latest ‘Investment Strategy Annual’ report....
-
News
Dexia fuses Labouchere and Kempen arms
NETHERLANDS/BELGIUM – Securities specialist bank, Bank Labouchere and asset management group, Kempen & Co, both based in Amsterdam and part of the Brussels based Dexia group, have merged to form Dexia Bank Nederland....
-
News
ING enters Greek life and pensions market
NETHERLANDS/GREECE – Dutch financial group, ING, has entered into a strategic alliance with Athens based Greek retail banking group, Piraeus Bank, allowing ING to become a “prominent” player in the Greek bancassurance market and extending into the fields of employee benefits and pensions....
-
News
CSAM CEO Colebatch to resign in 2002
SWITZERLAND - Phillip Colebatch, the chief executive officer of Credit Suisse Asset Management (CSAM), is to retire during the first quarter of 2002 after 17 years with the group.....
-
News
PGGM outsources systems construction
NETHERLANDS – PGGM, the e50bn Dutch pension fund for workers in the healthcare and social sector, has outsourced the construction of its internal asset management operating systems to the European arm of US firm Financial Models Company (FMC)....
-
News
Wuffli replaces Arnold after shock UBS sacking
SWITZERLAND – Swiss international banking group, UBS, has announced several top level group board changes, with Peter Wuffli, former chief executive officer (CEO) of UBS Asset Management taking over as president of the group executive board....
-
News
Antici to head Goldman's emerging markets team
UK - Gabriella Antici is to relocate from Brazil to London in the New Year to become head of the global emerging market equity team at Goldman Sachs Asset Management...
