Asset Managers – Page 387

  • News

    Punter Southall names two new principals

    2001-11-09T02:27:00Z

    UK – Consulting actuary firm, Punter Southall (PS), has promoted Gail Chorley and James Saunders to the position of principal, bringing the number of principals at the company to 23....

  • News

    USF/MAM trial focuses on new management agreement

    2001-11-08T05:58:00Z

    UK – The High Court trial between the Unilever Superannuation Fund (USF) and Merrill Lynch Investment Managers (MLIM), today (November 8) honed in on the period immediately before and after the establishment of the new investment management agreement (IMA), with MLIM chief operating officer (COO) Carol Galley continuing to be ...

  • News

    Mercer and Attica launch one-stop pensions product

    2001-11-08T05:21:00Z

    UK – Consultant William M.Mercer has teamed up with multi-manager outfit Attica Asset management to launch a new investment service, Mercer 360, for smaller defined benefit (DB) pension plans in the UK....

  • News

    AGF/Dresdner create new €54bn French manager

    2001-11-08T05:13:00Z

    FRANCE – Paris-based asset management companies, AGF Asset Management and Dresdner RCM Gestion have joined forces to create one of France’s largest asset managers, with €54bn under management....

  • News

    Swiss ABB scheme launches new venture fund

    2001-11-08T05:10:00Z

    SWITZERLAND – The €3.6bn Baden based ABB Vorsorge (ABB) pension fund company has launched its fourth closed-end private equity fund, which has already raised CHF 80m (€54.5m) in its first closing....

  • News

    JLT wins consulting brief at Leek United

    2001-11-08T03:54:00Z

    Jardine Lloyd Thompson (JLT) has been appointed to provide actuarial, consulting and administration services to the Leek United Building Society pension and assurance scheme....

  • News

    UK is the most 'dramatic' major pensions market

    2001-11-07T04:39:00Z

    UK - The pace of change in the UK pensions market over the last 30 years has been more dramatic than in any other major institutional market, claims Greenwich Associates, the Greenwich, Connecticut based research and consulting firm....

  • News

    Gartmore enters Italian market with Meotti hire

    2001-11-07T02:22:00Z

    ITALY – UK fund management house, Gartmore, has moved into the Italian market with the opening of an office in Milan and the appointment of former ING Italian institutional chief, Nicola Meotti, as country manager....

  • News

    SFIM/Bank Corluy alliance gets first mandate win

    2001-11-07T02:18:00Z

    BELGIUM – The strategic alliance created by London-based Singer & Friedlander Investment Management (SFIM) and Antwerp-based private bank, Bank Corluy Effectenbankiers (Corluy), has landed its first mandate, a €27m balanced equity and fixed income portfolio, from the Province of East Flanders pension fund in Belgium....

  • News

    AEGON AM appoints McLatchie as managing director

    2001-11-06T05:23:00Z

    UK – Edinburgh based AEGON Asset Management UK has appointed Colin McLatchie as managing director (MD) from January next year.

  • News

    One in three UK funds set to up bond exposure

    2001-11-06T05:17:00Z

    UK – More than a third of the UK’s major companies are considering increasing their pension funds exposure to fixed income following the introduction of the FRS17 accounting standard last year, according to the initial results of a survey by Gartmore Investment Management....

  • News

    USF £600m fund was run by 27 year old, court told

    2001-11-06T04:59:00Z

    UK – Alistair Lennard, one of the fund managers at the centre of the Merrill Lynch/Unilever high court case, was just 27 years old with three years experience as a fund manager and a “hunger for success”, when he took on responsibility for around £600m in UK equities for the ...

  • News

    BGI builds on B&CE mandate with £150m top-up

    2001-11-05T05:40:00Z

    UK – Barclays Global Investors (BGI) has been selected to run an additional £150m (€243.5m) overseas equities and bonds mandate for the £650m defined benefit (DB) pension plan for the Building & Civil Engineering Benefits Scheme (B&CE)....

  • News

    Crédit Agricole wins Italian institutional brief

    2001-11-02T05:06:00Z

    ITALY – The Milan based Italian arm of French group, Crédit Agricole Asset Management (CAAM), CAAM Sgr, has won an index-linked structured equity mandate from Parma based insurance group, Po’Vita, The size of the mandate will be between €45m and €65m.....

  • News

    Swedish pension funds pool SKr200m mandate

    2001-11-02T04:59:00Z

    SWEDEN – Stockholm based Carlson Investment Management has won a mandate to run an SKr 200m (€21m) Swedish equities portfolio for the so called G7-Group, a collaboration of seven southern Swedish municipality pension funds....

  • News

    USF didn't 'second-guess' Mercury, says CIO Mayall

    2001-11-02T04:59:00Z

    UK – The Unilever Superannuation Fund (USF) did not know about the technical level of risk involved in the investment of a £1bn portfolio by Mercury Asset Management (MAM) and could not be expected to “second-guess” the advice of the investment manager, Wendy Mayall CIO of USF today (Nov 1) ...

  • News

    Rothschild names new institutional client manager

    2001-11-02T04:57:00Z

    UK – Rothschild Asset Management has appointed Marion Colverd as manager of its institutional client service team in London.

  • News

    Julius Baer Asset Management appoints new CEO

    2001-11-01T05:07:00Z

    SWITZERLAND – Julius Baer Asset Management (JBAM) has appointed Urs Landolt as new chief executive officer (CEO) at its Zurich office, with effect from February next year....

  • News

    Cerulli: Italian pensions growth remains 'sedate'

    2001-11-01T03:58:00Z

    ITALY – Growth in pension fund assets in Italy remains relatively sedate, despite being substantially upgraded following the implementation of tax enhanced benefits for contributions, says Cerulli Associates in a new report, entitled: Trends in the Italian Asset Management Marketplace.....

  • News

    Blackstone lures Meaden for European hedge start

    2001-11-01T03:57:00Z

    Nicola Meaden, chairman and CEO of hedge fund advisory group Tremont TASS (Europe) has quit the firm to join US outfit Blackstone Alternative Asset Management (BAAM), which establishes its first physical presence in Europe with the appointment.....