All articles by Cecilia Valente – Page 35
-
News
Swiss MPK mulls raising retirement age
SWITZERLAND - The pension fund of wholesaler Migros (MPK) has launched a plan to push up the retirement age for its members from the current 62 to 63.
-
News
HVB Group’s pension head Eckert to leave
GERMANY- Carsten Eckert, chief executive of Pension Consult, the consulting arm of HypoVereinsbank, is to leave his job in July.
-
News
IPE-QUEST: Nordic institution tenders hedge brief
NORDIC - A Nordic institutional investor has tendered a 100 million-dollar (82.2 million-euro) single strategy actively managed multi-manager hedge fund mandate via IPE-Quest.
-
News
ABN Amro Mellon names European sales head
UK - ABN Amro Mellon has appointed Peter Adams to head its European sales division which targets the pensions, asset management, charities and local authority markets.
-
News
Italian pension regulator Covip names new head
ITALY - Italian pensions regulator Covip has named a new president to replace Lucio Francario, whose term of office has ended.
-
News
Nordea to become single entity
SCANDINAVIA- The €262bn cross-border financial services group Nordea says it wants to be a single entity within the EU or Societas Europaea (SE) to overcome the “obstacles“ posed by the different regulatory systems of the countries where it operates.
-
News
Finatem picks up Hennings and deal flow from DZ
Germany- German mid-market private equity firm Finatem has appointed Robert Hennigs as partner and managing director of the firm’s second portfolio, which has recently has its first closing with commitments of €74m.
-
News
Fortis swoops on Barings' small caps team
UK- Fortis Investments has hired a team of four European Small Caps investment managers from ING’s subsidiary Baring Asset Management, as it seeks expertise in the class that it says will “thrive”.
-
News
Skandia recruits Eklof as chairman
SWEDEN- Swedish insurer Skandia Liv has hired Bo Ekloef from insurer SPP, part of Svenka Handesbanken, to succeed its chairman of the board, Lars Eric Ericsson, following a turbulent time for the company.
-
News
Gyllenhammer calls for portable pensions in Europe
EUROPE - Pehr Gyllenhammer, the chairman of the European Financial Services Round Table (EFR) of leading product providers and Aviva, has said pensions is one of the three the“ key areas” on which the European Commission should concentrate to bring about a single market.
-
News
BGI recruits Stan Beckers for active equities
UK - Barclays Global Investors (BGI) has appointed Stan Beckers to the new position of senior investment strategist within its £30bn (€44.8 bn) European active equity business.
-
News
German federation criticises EU corporate governance proposals
GERMANY- The Federation of German Industries (BDI) has criticised the forthcoming EU recommendation on requiring more onerous corporate governance standards.
-
News
Fortis appoints John Brown for insitutional sales
GLOBAL - Fortis Investments, the €81bn asset management arm of Belgium financial services company Fortis Group, has appointed John Brown director of institutional sales for the US market.
-
News
Institutional investor confidence falls to pre-2000 levels
GLOBAL- Institutional investors confidence in global equity market plummeted to its lowest level since 1999 as they continue to be “sceptical” about the risk outlook, according to this month’s State Street Investor Confidence Index.
-
News
Italy's Previndai fund to restructure and offer mandates
ITALY- The €2bn pension fund of industrial managers, Fondo Pensione Previndai, is to create two portfolios run by five external equity and bond fund managers as an alternative to its insurance contracts.
-
News
Two large Swiss public sector funds to merge
SWITZERLAND – Canton Thurgau will have to pay off 76.9 million francs (51 million euros) in deficits to allow the merger in 2006 of two public sector pension funds with SFr1.68bn in assets.
-
News
Main Swiss banks' funds fine, despite contracting industry
SWITZERLAND - The two largest Swiss banks said they were confident about the future of their pension funds, despite falling covering ratios and job cuts and a report warning of future cuts.
-
News
Germany to change pensions law
GERMANY – The Bundesrat, the upper chamber of parliament, has approved the pension taxation bill, which ends tax privileges for one fourth of pensioners in the country but makes contributions to supplementary pensions tax-free.
-
News
Italian opposition mounts to Tuesday's hearing
ITALY - Trade unions and opposition parties say they will oppose the pension reform bill, due to start its last stage of parliament scrutiny Tuesday, as it is presented to the Labour Committee of the lower chamber.
-
News
Priamo fund to grant three mandates
ITALY - The Italian pension fund for public transport workers, Fondo Pensione Priamo, has put out its first request for tender of three managers to run its entire portfolio.
