All IPE articles in December 2001 (Online) – Page 2

  • News

    BFr8bn Flanders tender reaches second phase

    2001-12-17T04:44:00Z

    BELGIUM – The selection process to appoint asset managers for the BFr8bn (€2bn) Flanders healthcare fund has entered its second phase, though no final announcement is expected before next spring, says Edwin De Boeck, managing director of KBC Asset Management in Brussels....

  • News

    Nordea forms new asset management division

    2001-12-17T04:38:00Z

    DENMARK – Copenhagen based financial group, Nordea, has formed a new asset management and life assurance business, Nordea Asset Management & Life, which itself will be subdivided into six business units....

  • News

    Callund scoops award for Russian pensions work

    2001-12-17T04:34:00Z

    UK/RUSSIA - Callund Consulting has been named British Small Consultancy Firm of the Year in recognition of its work on pension reform in Russia.....

  • News

    Mercer lures Barclays' Lacey to communications job

    2001-12-17T03:50:00Z

    UK - Rosie Lacey has joined consultants William M. Mercer as a senior communications consultant....

  • News

    Parliament calls for financial services experts

    2001-12-17T02:46:00Z

    EUROPE – The European Parliament’s Committee on Economic and Monetary Affairs is to set up a panel of financial services experts to advise it on the package of measures outlined in the Financial Services Action Plan - which includes the European pensions directive, and the Lamfalussy report.....

  • News

    Morley hires Tremblay for global COO role

    2001-12-17T02:45:00Z

    UK - Morley Fund Management has appointed David Tremblay as global chief operating officer with responsibility for the group’s operations, IT, facilities and change management functions.....

  • News

    Spain to give companies tax boost for pensions

    2001-12-17T02:17:00Z

    SPAIN - Spain looks set to introduce new rules on occupational pension schemes in the New Year after approval in the senate on rules to equalise pension fund board membership as well as give a tax boost to companies making pension contributions.....

  • News

    Campaign to lobby pension funds on workers rights

    2001-12-14T04:56:00Z

    GLOBAL - War on Want, the anti poverty charity, is launching a campaign on Monday urging pension contributors and trustees to lobby companies they invest in to respect workers’ rights....

  • News

    Cranston steps down as NAPF director general

    2001-12-14T04:52:00Z

    UK – David Cranston, director general of the National Association of Pension Funds (NAPF), is to step down from his position at the end of this year after 18 months in the job....

  • News

    Zurich grooms replacement for CFO Gose

    2001-12-14T04:51:00Z

    Zurich Financial Services Group has promoted Thomas Buess, currently CFO Zurich North America, to become deputy chief financial officer with a view to replacing Gunter Gose as the group’s CFO on his retirement in mid 2002....

  • News

    IBN adds four consultancy firms to global network

    2001-12-13T04:32:00Z

    GLOBAL - International Benefits Network (IBN) has added four new member firms to its roster....

  • News

    Russell wins £18m Institute of Physics fund brief

    2001-12-13T04:28:00Z

    UK – Frank Russell Company has been appointed to run the full £18m (€29m) pension scheme of the Institute of Physics Retirement Pension Plan....

  • News

    Standard and Poor's buys Russian ratings firm

    2001-12-13T04:24:00Z

    RUSSIA – Ratings agency, Standard & Poor's, has strengthened its presence in Russia with an agreement to acquire a majority stake in EA-Ratings, Russia’s first independent credit rating firm....

  • News

    NAPF and Deminor in European governance venture

    2001-12-13T03:54:00Z

    UK - The UK National Association of Pension Funds’ (NAPF) Voting Issues Service (VIS) and corporate governance research and ratings advisor, Deminor Rating, have joined forces to offer coverage of major European companies in 16 countries....

  • News

    UK funds review managers in light of Unilever case

    2001-12-13T03:51:00Z

    UK - Almost half of the pension funds surveyed by SEI Investments (47%) in the light of the Unilever/Merrill Lynch court case, settled out of court last week, say that they will review their investment management arrangements as a result....

  • News

    European Parliament to pass pensions tax bill

    2001-12-13T03:51:00Z

    EUROPE – The European Parliament was today expected to pass with a clear majority the report on the elimination of tax obstacles to cross-border provision of occupational pensions by Dutch MEP Ieke van den Burg....

  • News

    Norwegian asset management/property firm launches

    2001-12-12T04:53:00Z

    NORWAY – The Norwegian State railway, Norske Stadsbaner (NSB), and Aberdeen Celexa Property Investors Nordic Region (ACPINR) have jointly created Celexa Eiensdomsforvältning (CE), a new asset and property management and administration company...

  • News

    Lack of knowledge deters hedge fund investment

    2001-12-12T04:43:00Z

    GLOBAL – A lack of knowledge and understanding of how hedge funds work is deterring investors from using alternative investments to diversify their portfolios or reduce volatility, says Baring Asset Management (BAM)....

  • News

    Bank of New York switches ADR index to free float

    2001-12-12T04:41:00Z

    US - The Bank of New York (BNY) is to convert the BNY ADR Index from a full market capitalization to a free-float adjusted system....

  • News

    Scottish Widows/Russell strike multi-manager deal

    2001-12-12T04:03:00Z

    UK - Scottish Widows and Frank Russell have announced a strategic alliance to offer a ‘best of breed’ multi-manager investment programme to UK personal investors....