All articles by Daniel Brooksbank – Page 177
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News
T. Rowe Price European assets more than double
EUROPE – US-based asset manager T. Rowe Price has seen its European assets under management more than double.
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UK pension minister calls for DB/DC debate
UK – UK pension minister Malcolm Wicks has called for a debate about the merits of defined contribution (DC) and defined benefit (DB) pension schemes.
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Number of UK pensioners set to rise by 40%
UK – The Government Actuary’s Department says the number people over pension age in the UK is set to rise more than 40% to almost 15 million by 2039.
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CSAM names Nordic sales vice president
EUROPE - Credit Suisse Asset Management has named a new vice president of Nordic sales.
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Deutsche Bank sees growth at asset arm
GERMANY – Deutsche Bank says its private client and asset management arm, which includes Deutsche Asset Management, is seeing profitable growth.
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UK employers’ retirement body to relaunch
UK – The Employers’ Retirement Association is relaunching in a bid to “change with the times”.
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ING aims to export Dutch pension model
GLOBAL – ING says exporting the Dutch pension model is fundamental to its strategy of becoming ‘the’ global pensions provider.
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Asset managers feel hindered by consultants – PWC
GLOBAL – Investment managers say consultants have hindered their relationships with institutional clients, according to a new survey by PricewaterhouseCoopers.
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UK’s DWP seeks head of economics for pensions
UK – The Department for Work and Pensions is seeking a head of long-term economic analysis programme for pensions.
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UK’s Hermes taps Innovest for SRI research
UK – Hermes, manager of the 48 billion-euro BT Pension Scheme, has chosen Innovest Strategic Value Advisors to provide company and industry ‘sustainability’ research.
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Swiss pension funds return 1.2% in Q3 – report
SWITERLAND – Swiss pension funds returned 1.2% in the third quarter of this year, according to a new report from InterSec.
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Robeco AM scraps investment policy committee
NETHERLANDS – Robeco Asset Management has scrapped its investment policy committee amid a revamp of management responsibilities.
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Swiss postal fund opts for new FTSE index
SWITZERLAND – The 10 billion-Swiss franc (6.4 billion-euro) pension fund of the Swiss postal service has opted to use the new FTSEurofirst index as its benchmark for its pan-European mandate.
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BoNY sees “strong momentum” in global custody
US – The Bank of New York, posting a 37% rise in securities services fees, says it is seeing “strong new business momentum” in global custody.





