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

  • News

    Mercer to buy SCA Consulting

    2001-08-20T10:35:00Z

    Consultant William Mercer has announced an agreement in principle to acquire SCA Consulting - specialists in value management, performance measurement, and compensation consulting services.....

  • News

    Pilling to head up Morley pooled funds team

    2001-08-20T10:34:00Z

    UK – Lyndsey Pilling has joined Morley Pooled Pensions as manager of the firm’s pooled funds team....

  • News

    Property grows as volatility rocks equity marts

    2001-08-20T10:32:00Z

    GLOBAL- Property continues to grow as an asset class as volatility continues to impact adversely on equity markets and low interest rates make real estate more attractive, according to new research by DTZ.....

  • News

    Competition will drive stakeholder fees below 1%

    2001-08-20T10:31:00Z

    UK – Fierce competition in the UK’s new stakeholder pension scheme market will drive the controversial one per cent fee even lower, says employee benefits consultancy, Gissings.....

  • News

    BGI wins Aon cash mandate

    2001-08-20T10:28:00Z

    UK – Barclays Global Investors (BGI) is to manage a new cash fund for Aon International Risk Management Group (AIRMG), the captive management arm of Aon Corporation....

  • News

    Standard & Poors extends European fund ratings

    2001-08-20T03:10:00Z

    EUROPE – Ratings agency Standard & Poor's has assigned two new ratings to funds run by Fortis Investment Management and reconfirmed three ratings of funds from CDC IXIS Asset Management, as part of an expanded European fund rating programme.

  • News

    Henderson and Merrill good for Environment Agency

    2001-08-20T02:56:00Z

    UK – The UK Environment Agency has dropped Schroder Investment Management from a £430m mandate and in its place hired Henderson Global Investors to manage a £330m balanced mandate and boosted an existing Merrill Lynch brief by a further £100m...

  • News

    DC scheme members in for a shortfall shock

    2001-08-17T05:33:00Z

    Members of defined contribution (DC) pension plans could face a shock over the level of their benefits on retirement - receiving less than half their expected amount in some cases, as a result of falling investment returns, lower annuity rates and increased life expectancy....

  • News

    DJ sets Sept 14 date to extend Industrial Average

    2001-08-17T05:33:00Z

    US/EUROPE – Dow Jones Indexes will extend the real time calculation of the Dow Jones Industrial Average (DJIA) to 13 hours a day on September 14, in order that it begins at the start of the European trading day....

  • News

    Irish e6bn RFP receives 600 replies from managers

    2001-08-17T05:32:00Z

    IRELAND – The Irish National Treasury Management Agency, the investment management supervisory body for the country’s e7bn National Pensions Reserve Fund, says it has received around 600 expressions of interest for the huge raft of mandates totalling e6bn in assets that it put out to tender last month.....

  • News

    MFR is adding to pensions underfunding problem

    2001-08-16T05:14:00Z

    UK – The pensions underfunding problem highlighted in a Bacon & Woodrow report this week are being compounded by the minimum funding requirement (MFR), according to employee benefits firm, Jardine Lloyd Thompson (JLT)....

  • News

    Dresdner poaches new global equities head

    2001-08-16T03:35:00Z

    UK – Dresdner RCM Global Investors has lured Lucy Watson away from Baring Asset Management to become director and head of global equities in London....

  • News

    Russell names new client services director

    2001-08-16T01:33:00Z

    UK – Frank Russell in London has appointed Philippa Drury as director of client services for its institutional investment services team.

  • News

    UK schemes are increasingly underfunded, says B&W

    2001-08-16T01:33:00Z

    UK – Increasing numbers of the UK’s largest pension funds are finding themselves under-funded, according to the latest annual study of company accounts to be published next week by consultant Bacon & Woodrow.....

  • News

    Sanghvi joins Attica to oversee Europe operations

    2001-08-16T01:32:00Z

    UK/EUROPE - Bina Sanghvi will join Attica Asset Management as a director with responsibility for finance and compliance and for overseeing the firm’s fund structures and European operations from September 3....

  • News

    Scudder takes on Sungard IT retirement package

    2001-08-15T05:08:00Z

    US – Sungard Corbel, part of IT solutions firm Sungard, has developed a customised version of its Relius Documents Internet software for Scudder Retirement Services (SRS), a division of Zurich Scudder Investments.....

  • News

    FTSE buys out Barings share of index service

    2001-08-15T05:01:00Z

    UK – FTSE has acquired ING Barings’ half share of Global-Pro, the global customised index service, and will also take over Barings’ Emerging Markets Indices (BEMI) by the end of the year....

  • News

    Clearnet to start cash clearing hub in November

    2001-08-15T04:55:00Z

    NETHERLANDS/BELGIUM/FRANCE – Clearnet, the European clearing house, has announced that the implementation of its new clearing platform for cash, C21, will be completed on November 16.....

  • News

    Punter Southall takes on HSBC banker as Principal

    2001-08-15T04:25:00Z

    UK – Actuarial consultant Punter Southall has brought in John Howard-Smith, a former senior director at HSBC Investment Management to become a principal in the firm’s London office....

  • News

    Northern Trust in German joint venture push

    2001-08-15T03:43:00Z

    GERMANY – Northern Trust Global Investments Europe (NTGI) and Frankfurt based Landesbank Hessen-Thüringen (Helaba), have set up a joint venture company Helaba NorthernTrust, to offer institutional investment management services to the German market....