Asset Managers – Page 396
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Finnish supervisory body names new MD
Jukka Rantala has been named managing director of the Finnish Central Pension Security Institute (ETK), the supervisory body of earnings-related pensions.... And all the week's major people moves...
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Hay poached from Standard Life to become Aegon CIO
UK – Wendy Hay, head of global equities at Edinburgh based Standard Life Investments has been poached by Aegon Asset Management UK to become its new chief investment officer (CIO) from October 1....
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Van Langenhove joins INVESCO as Benelux deputy CEO
BENELUX – Brussels based INVESCO Benelux has appointed Yves Van Langenhove of Fortis Investment Management to become the firm’s deputy CEO with responsibility for institutional sales and client servicing in Belgium and Holland....
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Merrill appoints UK institutional director
UK – Denise Hadgill has been appointed as a director of the UK institutional team and UK investment specialist at Merrill Lynch Investment Management (MLIM) in London...
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Austrian electric scheme seeks fund merger
The Vienna based e280m Verbund Pensionskasse, the pension scheme for Austria’s largest electricity company, is seeking a merger with one of the country’s seven open funds in an effort to cut costs and concentrate on its core business.....
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Deutsche AM unveils new regional COOs
Deutsche Asset Management (DeAM) has appointed a raft of new regional chief operating officers (COO) for Europe, the Asia/Pacific region and the Americas, as part of the restructure of its institutional and retail businesses....
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Nasdaq Europe to go live on Friday
EUROPE – Nasdaq Europe, the pan-European exchange formed by the buy-out in March of Brussels based Easdaq by the US exchange, will begin live trading on Friday (June 8), following the approval of its rule book by the Belgian Finance Ministry.
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Zurich Scudder launches UK hedge fund
UK – Zurich Scudder Investments has launched a UK long/short basis hedge fund, Crescendo UK Fund, to be run by Paul Findley....
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McCaughey out as Deutsche COO after restructure
CUSTODY - Deutsche Bank Global Securities Services has parted company with chief operating officer, Terry McCaughey, only a year after he started in the position....
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Mercer names O'Faherty as new Irish head
IRELAND - Paul O’Faherty has been appointed as chief executive of consultant William M. Mercer in Dublin, effective from July 1....
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Europol fund re-tenders after expensive proposals
NETHERLANDS - The e2.6m Europol Pension Fund in The Hague, the plan for officials of the European police organisation, is to re-tender for the administration, asset management and risk coverage of the scheme, following a disappointing set of proposals from investment managers....
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Martinez to spearhead Barclays' Spanish drive
UK/SPAIN – Gabriel Martinez de Aguilar has been appointed as director of Spanish institutional business at Barclays Global Investors’ (BGI) London office....
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New Star AM launches Europe and UK funds
UK – New Star Asset Management, led by former Jupiter investment chief John Duffield, has launched two new investment fund vehicles targeting Europe and the UK.
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US brings AIMR/PPS into line with global standard
US/EUROPE – The US has redrafted its AIMR/PPS investment performance standard guidelines to bring them in line with GIPS, the Global Investment performance Standards, in a significant move forward for worldwide ethical standards in asset management....
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Allianz Dresdner unveils e1trn asset manager
GERMANY – The proposed German insurance/banking powerhouse of Allianz and Dresdner Bank today outlined its future asset management plans with the creation of e1trn outfit Allianz Dresdner Asset Management (ADAM)....
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Aegon picks up UK multi-manager mandate
UK – Aegon Asset Management UK has been appointed as an active fixed interest manager under Escher UK Asset Management’s multi-manager structure...
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Ireland gets first global performance standard
IRELAND - Ireland has become the first country to have its local investment performance standards verified as a country version of GIPS - the Global Investment Performance Standards....
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Deutsche Börse and Eurex spell out ETF plans
EUROPE/US – Deutsche Börse and Eurex are to offer trading participants a market for trading in euro-denominated US equities as well as exchange-traded funds and stock options on the Xetra and Eurex trading platforms by September.
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Dutch group Rodamco merges real-estate arms
NETHERLANDS – Property manager Rodamco Europe is creating the largest Dutch retail property investor by integrating Rodamco Retail Nederland (RRN), into Rodamco Nederland...
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JP Morgan Chase investment chief retires
US – Ramon de Oliveira, head of investment management and private banking at JP Morgan Chase is to retire in August. James Staley, current co-head of the private banking group has been appointed to succeed him in the position.





