All articles by Barbara Ottawa – Page 105

  • News

    IPE-QUEST: $50m Eastern Europe mandate in Denmark

    2007-06-05T09:50:35Z

    [10:50 CEST 05/06] DENMARK/GERMANY – A Danish institutional investor is looking for a manager for an active equity mandate in excess of $50m (€37.1m).

  • News

    BT pension's Sir Tim Chessells to step down

    2007-06-04T16:01:33Z

    [17:01 CEST 04/06] UK – The £38.3bn (€55.9bn) BT pension fund is looking for a new trustee chairman to start at the end of this year.

  • News

    Cheshire going all active in bonds

    2007-06-04T15:56:40Z

    16:56 CEST 04/06] UK – The £2.3bn (€3.4bn) Cheshire County Council pension fund is tendering a £330m active bond mandate.

  • News

    GMB blames private equity for insolvencies

    2007-06-04T15:55:58Z

    [16:55 CEST 04/06] UK – A total of £2bn (€3bn) in pension deficits is to be found in companies linked to private equity owners, the GMB union has alleged.

  • News

    Russia models new welfare fund on Norway

    2007-06-04T09:46:53Z

    [10:46 CEST 04/06] RUSSIA – Up to €8bn of the soon-to -be-created Russian National Welfare Fund will be invested in the stock market, finance minister Alexei Kudrin has announced.

  • News

    Italians veering away from TFR in pensions

    2007-06-01T15:35:22Z

    [16:35 CEST 01/06] ITALY – One half of the Italian workforce has decided on where to place their severance pay 'trattamento di fine rapporto' (TFR) but most of those have decided against using putting it into a pension fund.

  • News

    AP-funds join Wal-Mart revolt

    2007-06-01T15:33:36Z

    [16:33 CEST 01/06] SWEDEN/US – The ethical council for Sweden’s national pension buffer funds supports the filing of a resolution regarding labour issues at US company Wal-Mart.

  • News

    New Dutch body to pool financial strength

    2007-06-01T15:33:08Z

    [16:31 CEST 01/06] NETHERLANDS – The Netherlands wants to promote the country as a financial centre by creating a new agency which will also focus on exporting pensions knowledge.

  • News

    Federal support still uncertain at SBB

    2007-05-31T15:34:00Z

    [16:33 CEST 31/05] SWITZERLAND – The Swiss government has commissioned a study into how much it might have to pay into the underfunded pension scheme of the federal railways SBB.

  • News

    Glicenstein to head new BNP Paribas AM umbrella

    2007-05-31T15:33:00Z

    16:32 CEST 31/05] GLOBAL – Gilles Glicenstein, currently head of BNP Paribas Asset Management, has been named as head of the new umbrella brand the French bank has created.

  • News

    Hedge fund appetite creates new vehicle

    2007-05-31T15:30:06Z

    [16:30 CEST 31/05] GERMANY – The Pensionskasse for doctors in the Northrine area will invest around €200m in a new bespoke hedge fund product.

  • News

    Greek pension reform 'urgent' - OECD

    2007-05-31T12:16:20Z

    [13:16 CEST 31/05] GREECE – Pension expenditure is set to grow to one-fifth of Greece's GDP by 2050, the OECD warns.

  • News

    Aegon to buy another Polish pension fund

    2007-05-30T12:33:28Z

    [13:33 CEST 30/05] POLAND – Dutch company Aegon wants to increase its presence in the Polish retirement market by acquiring another second-pillar fund.

  • News

    SWIP reports good year for institutional business

    2007-05-29T16:08:31Z

    [17:08 CEST 29/05] UK - Scottish Widows Investment Partnership (SWIP) boosted its institutional sales last year mainly by winning a record number of UK mandates.

  • News

    FRR seeks help in active/passive decision

    2007-05-29T16:07:00Z

    [17:06 CEST 29/05] FRANCE – The €32bn Fonds de réserves pour les retraites (FRR) is looking for a database to help it decide on the right style for a mandate.

  • News

    Slovenia hears IMF age warning but cannot act

    2007-05-29T16:00:00Z

    SLOVENIA – The population of the southern European country of Slovenia is among the most-rapidly growing within the EU member states, noted the IMF in a paper on future pension threats to the country, but authorities argue systemic changes to pension provision are not possible.

  • News

    DAX blue-chip sets up Pensionsfonds

    2007-05-29T12:07:21Z

    [13:07 CEST 29/05] GERMANY – Energy giant RWE has set up a Pensionsfonds within its contractual trust agreement (CTA).

  • News

    Shareholders agree BoNY/Mellon merger

    2007-05-25T16:06:30Z

    [17:06 CEST 25/05] GLOBAL – Shareholders of Bank of New York (BoNY) and Mellon Financial Corporation have agreed the merger deal.

  • News

    UBS confirms Baer divestment

    2007-05-25T16:05:02Z

    [17:05 CEST 25/05] SWITZERLAND – Swiss bank UBS is looking for buyers for its 20.7% stake in private bank Julius Baer.

  • News

    JPMorgan offers Greek pension funds pay-back

    2007-05-25T16:00:32Z

    [17:00 CEST] GREECE – JPMorgan has signed an agreement with London-based hedge fund North Asset Management to repurchase €280m in structured bonds sold to Greek investors.