All IPE articles in August 2001 (Online) – Page 3

  • News

    Lopardo quits State Street after 14 years

    2001-08-06T05:52:00Z

    US – Boston based investor services group, State Street Corporation, has announced that Nicholas Lopardo, vice chairman of State Street Corporation and chairman and chief executive officer (CEO) of $727bn (€821bn) State Street global Advisors (SSgA), the group’s investment management arm, has retired from the company…

  • News

    Further pension reform needed in Germany

    2001-08-06T05:58:00Z

    GERMANY – Cutbacks in the level of state benefits and the stimulation by reform of the entire pension market in Germany may not be enough to stabilise pension contributions in the long term...

  • News

    Cautious welcome greets Irish pensions bill

    2001-08-06T06:04:00Z

    IRELAND – The newly launched Special Savings Incentive Accounts (SSIA) and a lack of public awareness towards pension funds could hamper the success of Ireland’s new pensions bill, says Watson Wyatt, the international consultancy firm.

  • News

    Royal London gets Carter as CIO

    2001-08-06T06:06:00Z

    UK – Independent investment management company, Royal London Asset Management (RLAM) has a new chief investment officer, Andrew Carter.

  • News

    Smaller companies face £2.5bn in stakeholder fines

    2001-08-06T06:10:00Z

    UK – As much as 22% of smaller companies – those employing between five and 10 staff - could incur government fines to a total value of £2.5bn (€4bn) for not having stakeholder pension arrangements in place in time...

  • News

    Mellon adds Lamere to executive management group

    2001-08-07T03:21:00Z

    US - Mellon Financial Corporation has named David Lamere as the latest addition to the group’s now eight-member Executive Management Group, the firms most senior management body, which sets corporate strategies and policies and oversees day-to-day operations....

  • News

    Robeco advises institutions to switch bond indices

    2001-08-07T03:59:00Z

    NETHERLANDS – Dutch institutional investment manager Robeco has advised its institutional clients holding euro denominated fixed-interest investments to replace the current government loans index with an index consisting of both government loans and credits.....

  • News

    Toner quits Salomons for UBS Warburg

    2001-08-07T04:57:00Z

    UK/EUROPE – Ian Toner has joined UBS Warburg as European head of marketing and distribution management, moving from Salomon Smith Barney (SSB), where he was global head of marketing for global index systems....

  • News

    DeAM reshuffle precedes Europe high yield launch

    2001-08-07T05:07:00Z

    UK/US – Deutsche Asset Management (DeAM) has reshuffled a number of key staff members in its bond teams between the US and London as part of a strategy to strengthen its fixed income capabilities....

  • News

    Japan joins global alternative investment body

    2001-08-07T05:12:00Z

    UK/GLOBAL – The London based Alternative Investment Management Association (AIMA) has created a new chapter in Japan, bringing the number of chapters worldwide to five....

  • News

    AIMR membership passes the 50,000 mark

    2001-08-07T05:16:00Z

    US – Membership of the Association for Investment Management and Research (AIMR), the world’s largest association of investment professionals, has exceeded the 50,000 mark....

  • News

    TASS records largest ever hedge fund inflows

    2001-08-08T03:26:00Z

    HEDGE FUNDS - The second quarter of this year saw hedge funds receive their largest inflow of assets in a single quarter since records began, according to figures compiled by hedge fund research outfit TASS.

  • News

    ATS23bn Austrian fund selects seven new managers

    2001-08-08T03:27:00Z

    AUSTRIA – The Vienna based ATS23bn (e1.7bn) Vereinigte Pensionskasse has appointed a new roster of seven investment managers, including five international firms, to manage ATS8bn in assets under a new multi-manager, multi-style approach....

  • News

    Pension funds in decline says Dutch regulator

    2001-08-08T03:56:00Z

    NETHERLANDS – The total number of registered pension funds in Holland declined in 2000 to 986 from 1,014 in 1999, according to figures released in its annual report by the Dutch supervisory body Pensions & Verzekeringskamer (PVK)....

  • News

    Irish managed funds post 5.5% in Q2

    2001-08-08T04:13:00Z

    IRELAND – Managed pension funds in Ireland returned an average of 5.5% in the second quarter of this year, according to Mercer’s quarterly pension pooled fund survey....

  • News

    UK pensions policy risks 'unravelling', says IPPR

    2001-08-08T04:43:00Z

    UK - The government’s current pensions policy is at risk of unravelling, according to a report launched today (Aug 8) by IPPR, a leading UK centre-left think tank....

  • News

    Law firm creates pensions dispute forum

    2001-08-08T04:56:00Z

    UK – Law firm Linklaters' Pensions Litigation Group has launched a unique Internal Dispute Resolution (IDR) training initiative, to provide practical advice to clients on IDR....

  • News

    Settelmeyer leads Russell/Mellon in Europe

    2001-08-08T05:03:00Z

    UK/EUROPE - Russell/Mellon Analytical Services has appointed Fred Settelmeyer as managing director for Europe, Middle East, and Africa......

  • News

    Luxembourg to reduce funds subscription tax

    2001-08-09T03:40:00Z

    LUXEMBOURG – A proposal to reduce the annual subscription tax from 0.06% to 0.05% that investment funds in Luxembourg pay on their net assets under management is included in the draft budget for 2002 to go before parliament in September....

  • News

    Hermes lands £220m passive brief from Croydon

    2001-08-09T03:41:00Z

    UK – The £400m (e645m) London Borough of Croydon pension fund has chosen Hermes Investment Management to run a £220 million FTSE 100 indexed portfolio following a head to head with two other investment management firms....