Asset Managers – Page 395
-
News
Russell get GIPS standards green light
UK – Multi-manager investment firm Frank Russell has been confirmed as compliant to both the UK Investment Performance Standards (UKIPS) and the Global Investment Performance Standards (GIPS) for its Dublin-based umbrella fund range....
-
News
Van Lanschot hires FMC for investment operations
NETHERLANDS – ‘s-Hertogenbosch based private and institutional asset manager Van Lanschot Asset Management has selected the Financial Models Company (FMC) to manage its front-to-back office investment operations....
-
News
Sampo names new investor relations head
FINLAND/SCANDINAVIA – Jarmo Salonen has been promoted to head of investor relations at Helsinki based financial services group Sampo, from September 1...
-
News
EAMA questions EU legislators on indexation
EUROPE - The European Asset Management Association (EAMA) has published a collection of essays questioning European Union legislators’ approaches to the indexation of investments....
-
News
Sweden's AP2 and AP3 funds make top level hires
SWEDEN – The government pension buffer funds AP2 and AP3 have made a number of top level appointments to their in-house investment teams....
-
News
INVESCO restructures retail and institutional arms
UK – INVESCO has restructured its UK organisation in order to focus on its separate retail and institutional businesses and deal with the group’s expansion following the acquisitions of Perpertual and GT....
-
News
Huerta to lead Spanish institutional sales at R&SA
Victoria Huerta has been appointed as sales director of retail and institutional funds at the Madrid office of Royal & Sun Alliance Investments Luxembourg.... And all the week's major people moves....
-
News
Mellon to consolidate in new European HQ
UK/EUROPE – Pittsburgh based Mellon Financial is planning to open a new European headquarters in London by the end of 2003....
-
News
Report reveals way ahead for European insurers
EUROPE – Geographical expansion and integration in the major developing economies of the world is seen as fundamental by large European insurance companies, according to a survey by consultants Arthur Andersen...
-
News
UK £20bn electric fund in huge reorganisation
UK – The £20bn (e33.1bn) industry-wide occupational retirement plan for 26 electricity companies, Electricity Supply Pension Scheme (ESPS), has reorganised some £2.1bn of its assets....
-
News
Sandler to review retail element in Myners report
UK – Ron Sandler, former chief executive of Lloyd’s bank and chief operating officer of NatWest Group, has been appointed by the British government to conduct the review into the retail end of the long-term savings industry, as recommended by the Myners report on institutional investment earlier this year...
-
News
Mellon names new vice-chairmen
US - The board of directors at Mellon Financial has named Steve Canter, chairman and chief executive officer of Dreyfus, a subsidiary of Mellon, and Ronald O’Hanley, president of Mellon Institutional Asset Management, as vice-chairmen...
-
News
BITA Plus unveils new risk control software
Investment management software provider, BITA Plus, has introduced a new portfolio analysis system to assist asset managers in risk control and back testing....
-
News
US managers not waylaid by markets, says Mercer
US - Despite the current worldwide down turn of the stock markets, US investment managers are largely staying on course rather than changing their business strategy, according to a recent survey by consultants William M Mercer....
-
News
Washington launches new European hedge fund
EUROPE – Adrian Farthing has been appointed by the Washington Financial Group to manage its new European hedge fund targeted at European, UK and US offshore institutional investors and funds of funds....
-
News
Dutch pension giant appoints State Street
NETHERLANDS – The e150bn public sector pension fund ABP has appointed State Street to provide investor services and global securities lending for US$21bn (e24.5bn) in US and Japanese assets.
-
News
Mercury Private Equity becomes HgCapital
UK – Mercury Private Equity, the London based venture capital outfit, which was spun off from Mercury Asset Management last year, has renamed itself HgCapital....
-
News
Pohjola and Conventum create new financial group
FINLAND – The announced merger between Helsinki-based insurance group Pohjola and investment manager Conventum also brings the office network of pension insurance group Ilmarinen and life insurer Suomi to the new joint financial services company for the Finnish market.
-
News
"Annuities play an important role" say academics
EUROPE - The role of inflation-indexed annuity products in financing pensions should be carefully considered during the process of reformation of European pension plans, according to leading academic Olivia Mitchell
-
News
BMW enters investment fund field with Russell
GERMANY – BMW Bank, the financial services arm of German car manufacturer BMW, has entered investment fund business with a range of international multi-manager funds, offered through Frank Russell Company, starting on Jul 30.
