All articles by Daniel Brooksbank – Page 50
-
News
PGGM real estate manager de Haas exits
NETHERLANDS – Peter de Haas, senior portfolio strategist for real estate at Dutch health care fund PGGM, is to join Protego Real Estate Investors.
-
News
Nobel laureate Merton says LDI “ill-conceived”
GLOBAL – Nobel Prize-winning economist Robert Merton has said immunizing pension obligations through liability driven investment strategies is “ill-conceived”.
-
News
ABI queries Turner on pension costs
UK – The head of the Association of British Insurers has queried the feasibility of the Pensions Commission’s proposal for a national pension system with very low costs.
-
News
IPE-QUEST: Danish fund tenders emerging markets
DENMARK – Kirstein Finans has tendered €70m in long-only emerging market equities on behalf of a Danish pension fund via IPE-Quest.
-
News
Mercer says FTSE 350 deficits rise by €26bn
UK – The total pension scheme deficit for companies in the UK’s FTSE 350 index has risen by £18bn (€26bn) to £93bn, according to estimates from Mercer Human Resource Consulting.
-
News
NIB Capital’s Tielman joins Cordares
NETHERLANDS – Jeroen Tielman, the founder of FundPartners and the current director of pension business development at NIBC Bank, is to join pension management firm Cordares in a senior role.
-
News
AP2 coordinating Skandia resistance
SWEDEN – The Second Swedish National Pension Fund/AP2 is coordinating the activities of large minority shareholders against Old Mutual’s bid for Skandia.
-
News
ABP, PGGM back ABN Amro infrastructure fund
NETHERLANDS – ABP and PGGM, the two largest Dutch pension funds, have emerged as lead investors in a new ABN Amro infrastructure fund.
-
News
Irish reserve fund returns to bond market
IRELAND – The €15.3bn National Pensions Reserve Fund, reporting a 19% investment return in 2005, returned to the bond market in December.
-
News
UK’s social housing fund mulls career-average
UK – The £1.7bn (€2.5bn) Social Housing Pension Scheme has put forward a set of proposals, including a move to career-average pensions, as it seeks to contend with being just 85% funded.
-
News
Mellon combines institutional and retail arms
GLOBAL – Mellon Financial Corp. has combined its retail mutual fund arm Dreyfus with its institutional asset management business under vice chairman Ronald O’Hanley.
-
News
TNO awards extra €20m to MN Services
NETHERLANDS - The pension fund of technical research institute TNO has awarded an additional €20m in international real estate assets to MN Services, MN said.
-
News
UK schemes return 18% in 2005 – Mellon
UK – Pension funds in the UK returned an estimated 18.2% in 2005, according to Mellon Analytical Solutions.
-
News
Watson Wyatt & Co. changes name
GLOBAL - Watson Wyatt & Co. Holdings has changed its name to Watson Wyatt Worldwide Inc. to reflect the recent acquisition of its European affiliate.
-
News
European actuarial group names committee chair
EUROPE – Towers Perrin’s Falco Valkenburg has taken over as chair of the Groupe Consultatif’s investment and financial risk committee.
-
News
UK actuaries slam ‘dumbed down’ Britsaver plan
UK – The Association of Consulting Actuaries believes Lord Turner is wrong to think that defined benefit pension schemes are doomed – and that the proposed ‘Britsaver’ plan represents a dumbing down.
