All articles by Daniel Brooksbank – Page 76
-
News
Firms eye European property derivatives trading
EUROPE – Real estate services firm CB Richard Ellis has teamed up with derivatives brokerage GFI Group to develop a derivatives market based on European commercial property.
-
News
Capacity an issue for ‘unconstrained’ mandates
EUROPE – Hewitt Associates, an advocate of so-called ‘unconstrained’ mandates, has acknowledged difficulties n finding managers to run assets that are not benchmarked to an index.
-
News
Trustees have “extreme unease” about hedge funds
EUROPE – A new report says pension fund trustees need education about hedge funds amid “extreme unease” about some of the funds’ inherent features.
-
News
Petercam enters Dutch institutional market
NETHERLANDS – Belgium’s Petercam Bank has hired two staff from the Ahold pension scheme to help it enter the Dutch institutional asset management market.
-
News
Hewitt says 39 clients go ‘unconstrained’
UK – Hewitt Associates says 39 of its UK pension fund clients have gone to so-called unconstrained mandates, up from 20 six months ago.
-
News
Belgian schemes back infrastructure fund
BELGIUM – Two Belgian pension funds have become investors in an infrastructure fund run by Australian bank Macquarie, joining schemes such as ABP and British Airways.
-
News
UK’s PPF says Heath Lambert in assessment period
UK – The Pension Protection Fund today has confirmed that insurance broker Heath Lambert’s three pension schemes have entered into an assessment period.
-
News
Schroders pulls JP Morgan outsourcing deal
UK – Schroders is to receive £20m (€29.5m) from JP Morgan following the failure of its five-year UK custody and fund accounting outsourcing project with the US bank.
-
News
Akzo Nobel shifts to DC to ease balance sheet
NETHERLANDS - Dutch industrial group Akzo Nobel says it will make a €300m shift to defined contribution pensions to align it with the new Financial Assessment Framework, or FTK.
-
News
SWIP reviewing State Street outsourcing deal
UK – Scottish Widows Investment Partnership says it is reviewing its five-year outsourcing contract with State Street.
-
News
Fortis to buy US manager Dryden for up to €118m
US – Fortis said it has agreed to buy US asset manager Dryden Wealth Management from Prudential Financial for up to €118m, giving it an extra €9bn in assets.
-
News
Coal scheme’s Morgan joins research firm
UK – David Morgan, chief executive of Coal Pension Trustee Services, has been appointed as non-executive chairman of new pension fund monitoring firm Blacket Research.
-
News
Portability proposal “could be adopted” this year
EUROPE – The European Commission says a proposed directive on pension portability could be adopted this year as part of plans to make 2006 the year of ‘European worker mobility’.
-
News
Petroleum Fund gets “substantial” oil price boost
NORWAY – The Norwegian central bank says higher oil futures prices have led to a “substantial” increase in the expected value of Petroleum Fund.
-
News
Italy reforms not recognised - ECB’s Bini Smaghi
ITALY - Lorenzo Bini Smaghi, Italy’s executive board member at the European Central Bank, has said Italian pension reforms have not been recognised outside the country.
