All articles by Daniel Brooksbank – Page 165
-
News
EU Parliament proposes hedge fund passport
EUROPE – The European Parliament has passed proposals aimed at introducing a European Union-wide passport for hedge funds.
-
News
UK’s pension department faces strike action
UK – The Department of Work and Pensions will be hit if a planned strike over pay goes ahead at the end of the month.
-
News
MLIM says it outsources DC admin to DC Link
UK - Merrill Lynch Investment Managers has appointed DC Link to administer its defined contribution.
-
News
Clearstream fund service targets asset managers
EUROPE – Deutsche Boerse’s Clearstream arm says it is targeting asset managers and insurers with a new enhancement to its Vestima investment funds service.
-
News
Three big Dutch funds post double-digit returns
NETHERLANDS – Three top Dutch pension funds, ABP, PGGM and PME, have released double-digit returns for 2003 – with the data showing that coverage ratios have now recovered.
-
News
Danish fund tenders large caps via IPE-Quest
DENMARK – A Danish pension fund has tendered a European large-cap equities mandate worth around 70 million euros on IPE Quest.
-
News
Robeco names Goris as pan-Europe sales head
NETHERLANDS – Robeco has named Ger Goris as head of sales and distribution, a new role.
-
News
Blue Sky taps PIMCO for inflation-linked mandate
NETHERLANDS – The Blue Sky Group, which manages pension assets for KLM Royal Dutch Airlines, has awarded a 218 million-euro inflation-linked mandate to Allianz’s PIMCO.
-
News
Xerox Dutch scheme awards bonds to Delta Lloyd
NETHERALANDS - Delta Lloyd Asset Management says it has been awarded a 270 million-euro fixed income mandate by Xerox in the Netherlands.
-
News
Luxembourg cash funds get tax boost - ALFI
LUXEMBOURG – Certain types of institutional cash funds have been exempted from subscription tax, according to the Grand Duchy’s investment fund body ALFI.
-
News
UK: DC switch could aid life insurers – report
UK – A new report has argued that the UK life insurance industry should be able to benefit from the continuing shift to defined contribution pension schemes.
-
News
Goldman Sachs AM sees liability-based mandates
EUROPE – Goldman Sachs Asset Management says it sees demand for mandates that take account of liabilities.
-
News
Standard Life Investments’ CEO to head parent
UK – Sandy Crombie, the chief executive of Standard Life Investments, has taken over as chief executive of parent company Standard Life.
-
News
State Street chief says pension markets “intense”
GLOBAL – David Spina, chairman and chief executive of State Street Corp., says competition in the pensions markets continues to be “intense”.
-
News
State Street loses out as Hanson taps J P Morgan
UK – Industrial group Hanson has tapped J P Morgan Investor Services for custody services at its main UK pension scheme – resulting in a loss for incumbent State Street, which inherited the business with the GSS acquisition.
-
News
E. Europe pension funds
EUROPE - A new report has found that pension funds in central and eastern Europe have largely "conservative" investment strategies.
-
News
PGGM confirms plans to cut 100 jobs
NETHERLANDS – The 45 billion-euro Dutch healthcare fund PGGM is cutting around 100 jobs in an efficiency drive.
-
News
Julius Baer closes Amsterdam, Paris offices
SWITZERLAND – Swiss private banking group Julius Baer has closed its offices in Amsterdam and Paris following its decision last year to withdraw from institutional brokerage.
-
News
Study sees notional DC taking off in Europe
EUROPE – A new academic study says the so-called notional defined contribution model could become “much more widespread” in the European Union.
-
News
Pensions, ageing on agenda at Davos forum
SWITZERLAND – Ageing populations and the pension “time bomb” are on the agenda at the forthcoming World Economic Forum event in Davos.
