Asset Managers – Page 403

  • News

    BAM sweeps £60m from UK supermarket fund

    2001-03-05T05:47:00Z

    UK – Supermarket chain Somerfield’s £300m pension scheme has appointed Baring Asset Management as manager to a £60m UK fixed income portfolio...

  • News

    New fund invests in Balkan opportunities

    2001-03-02T05:48:00Z

    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.

  • News

    PIMCO strengthens Benelux position

    2001-03-02T05:41:00Z

    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.

  • News

    Mellon firm to take on non-US world

    2001-03-01T06:15:00Z

    Mellon Financial Corporation has established a new asset management subsidiary to take care of its non-US business.

  • News

    Mellon appoints head of pan-European retail sales

    2001-03-01T02:35:00Z

    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.

  • News

    Robeco expects CalPERS mandate to exceed $300m

    2001-03-01T02:33:00Z

    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.

  • News

    Schroders' assets under management fall £10.1bn

    2001-03-01T02:30:00Z

    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.

  • News

    R&M sings praises of small global custodians

    2001-03-01T02:30:00Z

    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 ...

  • News

    EAMA warns against raising capital requirements

    2001-03-01T02:29:00Z

    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.

  • News

    Mellon launches global distribution network

    2001-02-23T05:02:00Z

    EUROPE: Mellon Financial Corporation is expanding its asset management business by developing Mellon Global Investments ....

  • News

    SEB launches financial services company for Asia

    2001-02-23T04:52:00Z

    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.

  • News

    Van Eeghen to step down at ING

    2001-02-19T04:01:00Z

    NETHERLANDS – Jacob van Eeghen is to resign as chairman of ING Investment Management (IIM)...

  • News

    Lamfalussy reports on securities market reforms

    2001-02-19T03:59:00Z

    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....

  • News

    Maguire to head SWIP global marketing push

    2001-02-16T06:36:00Z

    ** Maguire to head SWIP global marketing ** Fiach Maguire joins Scottish Widows Investment Partnership as director of global marketing....and all the rest of this weeks major people moves....

  • News

    Volkswagen to fund German group pensions

    2001-02-16T05:05:00Z

    GERMANY - The Wolfsburg based automobile group Volkswagen is creating a pension fund for its 80,000 plus employees, which will see an initial transfer from its current book reserve provisions of more than DM160m (e82m)….

  • News

    Goldman bags Hendriks in European marketing revamp

    2001-02-15T03:06:00Z

    EUROPE - Goldman Sachs Asset Management has appointed Ruud Hendriks – a former senior vice president at Robeco Institutional Asset Management in the Netherlands – to head up institutional marketing in continental Europe – as part of a move which will see the group split its European marketing efforts into ...

  • News

    BAM launches five sector fund following research

    2001-02-14T07:02:00Z

    UK – Baring Asset Management (BAM) has launched a ‘five sector’ fund, which will invest in companies across five global sectors that the company believes offer strong opportunities for growth....

  • News

    Citigroup announces major European appointments

    2001-02-14T06:42:00Z

    UK/NETHERLANDS - Martin Tully is named as head of European operations at Citigroup Asset Management... Sikko van Katwijk is appointed country manager for the Netherlands and Belgium at Citibank’s World Wide Securities Services (WWSS)...

  • News

    Northern scoops £1.2bn in charity fund custody

    2001-02-13T12:34:00Z

    UK – CCLA Investment Management, the country’s biggest manager of charitable fund assets, has appointed Northern Trust to provide global custody to eight of its funds with a total asset value of £1.2bn (e1.9bn)....

  • News

    FTSE rolls out Global Sector Index Series

    2001-02-12T05:10:00Z

    FTSE has gone live with its new Global Sector Index Series - eleven blue-chip, global sector indices, designed for sector-based trading and supporting a variety of OTC and listed products...