Asset Managers – Page 388
-
News
France’s NBP in European multi-manager drive
FRANCE – Paris based Natexis Banques Populaires (NBP) has launched a new multi-management and investor services specialist subsidiary, Asset Square...
-
News
Hermes expands management team post Myners
UK - Hermes Focus Asset Management (HFAM), one of the UK’s largest institutional fund managers, has expanded and reorganised its management team in response to calls in the UK Myners report for greater intervention by shareholders in investee companies....
-
News
Towers poaches two from rival William M.Mercer
UK – Benefits consultancy firm, Towers Perrin, has poached two business development consultants, Martin Good and Jason Kenny, from rival consultants William M. Mercer....
-
News
German chemical industry to create huge fund
GERMANY – The German chemical employers association, the Bundesarbeitgeberverband Chemie (BAVC) has laid down a framework with the industry’s trade union, the Industiregewerkschaft Bergbau, Chemie, Energie (IG-BCE), for the creation of a potentially 590,000 strong industry-wide pension fund....
-
News
Moessle elected to head European AM association
EUROPE – The European Asset Management Association (EAMA) has elected Klaus Moessle of Deutsche Asset Management in Frankfurt as its president....
-
News
S&P and Crédit Lyonnais in European ETF tie-up
FRANCE/EUROPE – Standard & Poor’s and Crédit Lyonnais Asset Management (CLAM) have entered into a partnership to sell exchange traded funds (ETFs) to institutional and retail investors in the European market under S&P’s SPDR brand....
-
News
Wassum in strategic alliance with Hewitt
SWEDEN -International consultants Hewitt Associates have formed a strategic alliance with Nordic advisers Wassum Investment Consulting, as part of its plans for global coverage.
-
News
Lasalle launches e500m European property fund
EUROPE – Lasalle Investment Management (LIM)has launched its new €500m Euro Growth II fund, a real estate investment fund to be invested in properties across Western Europe....
-
News
Skinner to head Gartmore fixed-income team
UK – Gartmore Investment Management has appointed Paul Skinner as head of fixed income business development....
-
News
HSBC-CCF buys back Sinopia Asset Management
FRANCE - HSBC CCF Asset Management has begun to buy back the stake in Paris-based quant firm Sinopia Asset Management that it floated in 1998, with the purchase of over a million shares from Belgium’s KBC Group, Spanish bank BBVA and Mellon Financial Corporation for a price of e27.5 per ...
-
News
Danish pension insurers in bonus reserve wipeout
DENMARK – PFA, the Danish insurance group has announced losses of some DKK 18.2 billion – completely wiping out the group’s bonus reserves and forcing it’s pensions arm into emergency talks with the Danish Financial Supervisory Authority - as a result of falling equity markets after the shock in the ...
-
News
State Street hires new head of investor relations
State Street Corporation has appointed S. Kelley MacDonald senior vice president and head of investor relations....
-
News
SEB hires Klagsburn to head new investment unit
SWEDEN - Harry Klagsbrun has been named as the new executive vice president of Swedish financial services group SEB and head of SEB Invest, its investment management arm....
-
News
ABN AMRO Mellon gets £2.7bn Marconi fund custody
UK – ABN AMRO Mellon (AAM) has won a £2.7bn (€4.3bn) global custody and investment accounting mandate from Stanhope Pension Trust, the investment management arm of telecommunications giant, Marconi’s UK pension fund....
-
News
Singer & Friedlander lands £135m equity mandate
UK – Singer & Friedlander Investment Management (SFIM) has won a mandate to run the £135m (€216m) continental European equity mandate portion of J Rothschild Assurance UK (JRA) Life and Pension Funds, part of the St James’s Place Group....
-
News
Hedge funds stay in the black despite US crisis
HEDGE FUNDS - The Crédit Suisse First Boston/Tremont (CSFB/Tremont) hedge fund index remains up 0.9% for August, despite a one-week delay attributed to the terrorist attack on New York two weeks ago....
-
News
Merrill Lynch investment chief quits the firm
US - Merrill Lynch has announced that Robert Doll has been promoted from the position of CIO to president of Merrill Lynch Investment Managers (MLIM) in a move that sees him replace former MLIM chief, Jeffrey Peek, who is leaving the firm....
-
News
Europol scheme retenders for managers
NETHERLANDS/EUROPE – The e3.5m The Hague based Europol pension fund, the scheme for officials of Europe’s police organisation has reopened a tender for administration, investment management and risk coverage of the fund that it abandoned earlier this year after poor response from investment managers....
-
News
Belgian health sector fund could attract 250,000
BELGIUM – Yesterday’s announcement in Brussels that the VKG-CPM, €552m Belgian pension fund for doctors, dentists and pharmacists, had established a new supplementary healthcare sector pension fund, ‘Amonis’, with a potential active membership of 250,000, is possibly one of the most significant in the Belgian pensions and investments markets in ...
-
News
Rodamco takes ABP to court over Westfield sale
NETHERLANDS – Rotterdam based Rodamco North America (RNA) is taking legal action against giant Dutch pension fund, ABP, following the sale of ABP’s 23.9% shareholding in RNA to Westfield Holdings, the large Sydney based international shopping centre development company.....
