Asset Managers – Page 402
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Deutsche takes top UK investment funds title
UK – Deutsche Asset Management has scooped the award for best UK investment manager in the Standard & Poor’s Investment Funds Performance Awards 2001...
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Schroders to break down Chinese walls
UK/CHINA – UK investment management group Schroders is to forge a strategic partnership with China Galaxy Securities Company in a bid to further develop its fund management business in mainland China...
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SEI up and running with first UK mandate
SEI, the US multi-manager firm has picked up its first UK institutional investment mandate since setting up its London operations...
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Royal Trust beefs up European sales presence
EUROPE - Royal Trust Global Securities in London has expanded its European sales team by appointing two new directors of business development... And all this weeks major European people moves
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AXA appoints head of German institutional sales
GERMANY - Alexandra von Kalnein has been appointed as head of German institutional sales at AXA Asset Managers...
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CalPers chooses AXA for European equity brief
US – The giant US$160bn (e171.5bn) California Public Employees Retirement System (CalPers) has selected AXA Rosenberg Investment Management to manage a US$600m European broad market equity portfolio...
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RLAM grabs £3m Irish Assembly brief
UK – The Northern Ireland National Assembly has selected Royal London Asset Management (RLAM) to manage its entire £3m (e4.7m) pension portfolio...
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BAM sweeps £60m from UK supermarket fund
UK – Supermarket chain Somerfield’s £300m pension scheme has appointed Baring Asset Management as manager to a £60m UK fixed income portfolio...
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New fund invests in Balkan opportunities
UK - London-based Ashmore Investment Management has announced the closure of its new Balkan Regeneration fund with an initial subscription of $20m (e 21.5m) from institutional investors.
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PIMCO strengthens Benelux position
Marc van Heel has been appointed senior vice president and director of business development for the Netherlands and Belgium at PIMCO. And other moves of note.
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Mellon firm to take on non-US world
Mellon Financial Corporation has established a new asset management subsidiary to take care of its non-US business.
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Mellon appoints head of pan-European retail sales
Mellon Global Investments (MGI), the distributor for Mellon’s asset management subsidiaries in markets outside the US, has appointed Simon Wombwell as head of pan-European retail sales to spearhead its expansion into Europe.
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Robeco expects CalPERS mandate to exceed $300m
Netherlands: Dutch asset manager Robeco says it expects its recent CalPERS enhanced EAFE index mandate to exceed $300m. Robeco was one of fourteen managers recently appointed by the California public employees scheme from a shortlist of twenty-two.
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Schroders' assets under management fall £10.1bn
UK asset management group, Schroders, saw assets under management fall from £142.6bn (€223.2bn) in 1999 to £132.5bn in 2000, according to preliminary results.
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R&M sings praises of small global custodians
For great service from your global custodian, ignore the big outfits and instead opt for smaller providers- that is according to a survey by R&M Consulting, a UK-based market research company. Swiss private bank Pictet & Cie came out on top as the best service provider beating off competition from ...
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EAMA warns against raising capital requirements
Moves to raise the capital requirements imposed on asset managers in Europe would be counterproductive, according to a report issued by the European Asset Management Association(EAMA) in London.
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Mellon launches global distribution network
EUROPE: Mellon Financial Corporation is expanding its asset management business by developing Mellon Global Investments ....
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SEB launches financial services company for Asia
ASIA – Swedish group SEB is launching eAsiaFinance, an electronic financial service company in Singapore, aimed at developing electronic banking and investment savings programs with Asian banks.
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Van Eeghen to step down at ING
NETHERLANDS – Jacob van Eeghen is to resign as chairman of ING Investment Management (IIM)...
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Lamfalussy reports on securities market reforms
EUROPE - A four pronged approach to regulation of European securities markets should be adopted by Europe’s policymakers if barriers of “Kafkaesque inefficiency” to financial market development are to be broken down, says the final report from the Committee of Wise Men, chaired by Alexandre Lamfalussy....





