All articles by Cecilia Valente – Page 30

  • News

    Technical problems delay Finnair pension shift

    2004-08-31T11:20:00Z

    FINLAND – The Finnair Pension Fund has delayed the transfer of its 460 million-euro mandatory pension fund to Ilmarinen Mutual Pension Insurance Co. by six months due to “technical problems”.

  • News

    Germany enters “new era” for private pensions

    2004-08-31T04:35:00Z

    GERMANY – Germany’s old-age law that was passed by parliament in June has marked the ‘dawn of a new era’ for the pension market - according to HVB insurance analyst HVB Lucio di Geronimo.

  • News

    Hewitt revamps UK actuarial practice

    2004-08-31T04:09:00Z

    UK - Hewitt Bacon & Woodrow is making some changes to its UK actuarial practice, splitting its retirement and financial management practices in two: RFM core services and RFM consulting.

  • News

    Austria’s VPK and BVP complete merger

    2004-08-27T03:33:00Z

    AUSTRIA- The two billion-euro multi-employer Vereinigte Pensionskassen AG, VPK, and the 1.2 billion-euro banking and insurance sector pension fund BVP-Pensionskassen AG have merged.

  • News

    Switzerland merges pension expert committees

    2004-08-26T09:49:00Z

    SWITZERLAND - The Bundesrat, the Swiss executive arm, has decided to merge two expert committees working on pension-related issues into one commission.

  • News

    IPE-QUEST: Multi-manager tenders Japan equities

    2004-08-26T04:26:00Z

    EUROPE - A European multi-manager has tendered an actively managed Japanese large-cap or all-cap equity brief through IPE-Quest.

  • News

    Capita, Watson win Next pension business

    2004-08-26T04:23:00Z

    UK - Capita Hartshead and Watson Wyatt have been appointed by the Next Group Pension Plan.

  • News

    Watson, Hewitt involved in Austrian hedge move

    2004-08-26T04:05:00Z

    AUSTRIA – Consulting firms Watson Wyatt and Hewitt bacon & Woodrow are both involved in an Austrian hedge fund venture launched by Raiffeisen Capital Management.

  • News

    Italian pension vote postponed

    2004-08-25T07:10:00Z

    ITALY - The conclusive vote on the pension reform, widely expected in the lower chamber of parliament today, has been postponed under request of governing coalition member the Northern League.

  • News

    Austrian harmonisation a “leap in the dark”

    2004-08-25T07:02:00Z

    AUSTRIA - The Green party has labelled the centre-right government’s planned harmonisation of the state pension system “a leap in the dark” with the “most negative” consequences for those affected.

  • News

    European pension funds' role in oil hike unclear

    2004-08-25T03:50:00Z

    EUROPE - Contrasting views have emerged today about the impact of European pension funds on the current rising oil price.

  • News

    HSBC AM hires two European equity managers

    2004-08-24T04:10:00Z

    UK - HSBC Asset Management has appointed Legal & General’s Simon Sharp and Lazard Asset Management’s Angus Parker as senior European equity portfolio managers in London.

  • News

    Swiss pension funds return 1.8% in H1

    2004-08-24T03:37:00Z

    SWITZERLAND – Swiss pension funds returned an average 1.8% in the first half of 2004 compared with 9.5% of the whole of 2003 the Swiss pension fund association, ASIP, and Watson Wyatt said.

  • News

    Ross Goobey out at Hermes Europe arm

    2004-08-24T03:37:00Z

    UK - Alastair Ross Goobey, chairman of BT Pension Scheme-owned Hermes Focus Asset Management Europe, has stepped down over a perceived conflict of interest.

  • News

    Morley unveils European property arm

    2004-08-23T05:51:00Z

    UK - Morley Fund Management is to start an indirect property investment unit in continental Europe to “roll out” its UK property fund management business.

  • News

    DeAM names European distribution head

    2004-08-23T04:20:00Z

    UK - Deutsche Asset Management has appointed Insight Investments’ Mark Connolly to the new position of European head of institutional distribution, a new role.

  • News

    Mellon names UK pooled fund manager

    2004-08-23T03:35:00Z

    UK - Mellon Global Investments has appointed David Holding to the new role of pooled fund account manager to its institutional pooled fund team.

  • News

    Mercer aids London councils’ alternatives move

    2004-08-20T04:19:00Z

    UK - The pension funds of the London Boroughs of Islington and Brent are considering getting into alternative investments such as real estate, private equities and hedge funds – aided by consulting firm Mercer.

  • News

    Call for cut in German civil service pensions

    2004-08-20T03:38:00Z

    GERMANY- The head of the employers’ association the BDA, Dieter Hundt, has called for civil servants’ pension privileges, which can be twice as much as other workers’, to be cut.

  • News

    Invesco German economist Kraemer joins HVB

    2004-08-19T04:19:00Z

    GERMANY- Invesco Asset Management Deutschland’s Joerg Kraemer is to leave the company to join Munich-based HypoVereinsbank.