All articles by Cecilia Valente – Page 33
-
News
Germans still wary of pensions, says fund body
GERMANY - Awareness of pension funds in Germany is not “pronounced” among average investors, a report from the German investment fund industry association, BVI, reveals.
-
News
Irish reserve fund “yellow cards” two managers
IRELAND - The 10.1 billion-euro National Pensions Reserve Fund, says it has shown the “yellow card” to two of its of 18 asset managers.
-
News
UBS’ European ETF sales head Egger to leave
SWITZERLAND - Beat Egger, an executive director at UBS Global Asset Management and European sales head for exchange traded funds, is to leave the company in October.
-
News
Austrian pension rate move “unconstitutional”
AUSTRIA - The chamber for employees' welfare, the AK, has demanded the government’s reduction of the minimum interest rate for pension funds to be withdrawn, saying it is an “unconstitutional attack to personal property”.
-
News
Italy’s pension reform set for parliament OK
ITALY – Italy’s pension reform, which the centre-right government embarked on more than 18 months ago, is likely to be approved tomorrow without a vote of confidence.
-
News
AMF slams Swedish pension “fiasco”
SWEDEN- The 197 billion-crown (21.4 billion-euro) pension provider AMF Pension has called the Swedish pension system launched in 2000 a “fiasco”.
-
News
UK insurer applies for Irish CCF – agency
GLOBAL - A UK insurance company, as well as a multinational company, are in the process of applying to the Irish Financial Services Regulatory Authority to launch a tax-transparent Common Contractual Fund, Ireland’s Investment and Development Agency says.
-
News
Morgan Stanley IM makes UK appointments
UK - Morgan Stanley Investment Management has made two appointments to its UK institutional team.
-
News
Fortis names Talia as Italy fund solutions MD
ITALY- Fortis Bank Information Banking, the Benelux bank’s asset servicing arm, has opened a subsidiary in Milan to boost its presence in the European ‘prime fund solutions’ market.
-
News
Deutsche’s Walter urges Germans to retire later
GERMANY - Deutsche Bank’s chief economist, Norbert Walter, has called for Germans to get used to the idea of working longer and retiring later to help the country’s economy and preserve its competitiveness.
-
News
Watson Wyatt to buy KPMG Irish unit
EUROPE- Consulting firm Watson Wyatt is to buy the pension and actuarial group of KPMG in Ireland for an undisclosed sum.
-
News
Ireland mulls hedge fund tax-transparent vehicle
IRELAND - The Irish parliament could vote on a change of legislation to introduce a type of tax transparent vehicle which would allow investments in alternative asset classes like hedge funds.
-
News
Austria’s VPK and BVP consider merger
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 may agree to merge by the end of August.
-
News
Ireland consults on DB funding
IRELAND - The Irish pensions regulator has embarked on a public consultation on the funding of defined benefit pension schemes.
-
News
ChevronTexaco scheme taps BIAM for equities
NETHERLANDS- The Bank of Ireland Asset Management has been awarded a mandate from the US energy group ChevronTexaco to manage global equities for its 240 million-euro pension fund in the Netherlands.
-
News
New appointments at HVB and Chemiefonds schemes
GERMANY- HypoVereinsbank, HVB, has made two new appointments within the supervisory board of its own pension fund and at the chemical industry scheme, Chemie Pensionsfonds, which it manages.
-
News
Asset managers sceptical on economy and profits
GLOBAL - Fund managers worldwide are getting increasingly “sceptical” about the prospects for the global economy and corporate profit growth for the first time in three years, this month’s Merrill Lynch Fund Manager Survey says.
-
News
BNP Paribas in Austria securities services move
AUSTRIA - BNP Paribas Securities Services has extended its local custody services to Austria in a bid to secure business from pension funds and other institutional investors.
-
News
French utilities’ funded pensions – more details
FRANCE – More details have emerged about the structure of the funded pension arrangements of the French utilities Gaz de France and Electricité de France following their planned partial privatisation.
-
News
Italy’s Espero teachers’ fund tenders admin
ITALY - Fondo Scuola Espero, the new government-backed pension fund targeting 1.1 million teachers, has tendered for a manager to take on its administration and accountancy function.
