All IPE articles in December 2007 (Online) – Page 6

  • News

    Oxford takes a look at custody

    2007-12-05T15:00:00Z

    [16:00 CET 05-12] UK – Oxfordshire County Council is reviewing Abn Amro Mellon Global Securities Services as its pension fund custodian, according to a tender notice just issued.

  • News

    Merseyside looks set to drop BGI mandate

    2007-12-05T14:30:00Z

    [15:30 CET 05-12] UK – Barclays Global Investors could lose the contract to manage a UK equities mandate for the Merseyside pension fund, following a review of the local government scheme’s asset allocation strategy.

  • News

    Aberdeen pushes into Austria

    2007-12-05T13:00:00Z

    [14:00 CET 05-12] AUSTRIA – Aberdeen Asset Managers is in discussions with a handful of Austrian institutional investors as part of an effort to expand its business to Austria, according to Hartmut Leser, Aberdeen's German head.

  • News

    Wednesday people roundup

    2007-12-05T11:00:00Z

    [12:00 CET 05-12] People Roundup GLOBAL – Aon, PPF, Punter Southall, SGAM, SEB, BlackRock, Hewitt, Investec, Sacker & Partners.

  • News

    IPE winner loses heads

    2007-12-05T10:00:00Z

    [11:00 CET 05-12] AUSTRIA – Markus Zeilinger, chairman of the board, and Johannes Puhr, head of asset management, are leaving the €240m Bonus Pensionskasse.

  • Hermes gets pensions shakeup on CEO’s arrival
    News

    Hermes gets pensions shakeup on CEO’s arrival

    2007-12-04T15:55:00Z

    [16:55 CET 04-12] UK – Rupert Clarke has been confirmed today as the chief executive of Hermes, the asset manager owned by the BT pension fund, but fresh expansion plans for the group mean a new management team is being created to take responsibility for BT’s pension fund.

  • News

    Bulgarian mutual funds post monthly fall

    2007-12-04T15:45:00Z

    BULGARIA – Corrections in the local and global stock markets wiped nearly BGN100m (€51m) off the asset value of mutual funds in the Bulgarian market during November, according to calculations by Sofia-based business newspaper Dnevnik.

  • News

    Banks tells MPs 'we made mistakes' on credit crunch

    2007-12-04T15:35:00Z

    [16:35 CET 04-12] GLOBAL – Executives from some of the world’s largest investment banks today admitted they may have made investment products so complex investors may not be fully aware of the risks of investing in package debt products, but denied MPs’ accusation the same institutions were ‘reckless’ in their ...

  • News

    'Northern Rock' cost public pensions £300m - Hermes

    2007-12-04T15:00:00Z

    [16:00 CET 04-12] UK- Members of Parliament (MPs) have been told by pensions experts UK local government pension funds may have lost in the region of £300m (€450m) in value through the Northern Rock banking crisis.

  • News

    Carbon disclosure project widens

    2007-12-04T14:30:00Z

    [15:30 CET 04-12] NETHERLANDS – The Carbon Disclosure Project (CDP), a global standardised mechanism by which companies report their greenhouse gas emissions to their investors, has today announced it is expanding to the Netherlands.

  • News

    Education no substitute for good default – Harvard academic

    2007-12-04T14:00:00Z

    [15:00 CET 04-12] GLOBAL – Financial education and matching contributions from employers for DC schemes will not help raise the pensions savings rate, David Laibson, Professor of Economics at Harvard University, has suggested.

  • BT reveals Chessells' replacement
    News

    BT reveals Chessells' replacement

    2007-12-04T13:40:00Z

    [14:40 CET 04-12] UK – Rod Kent has today been announced as the new chairman for the UK’s largest pension fund, replacing Sir Tim Chessells.

  • News

    Pioneer hives off German admin business to SocGen

    2007-12-04T13:30:00Z

    [14:30 CET 04-12] GERMANY – Pioneer Investments has finally been able to sell off its German fund administration services business used by KAGs, known as Activest, to Société Générale Securities Services (SGSS), the custody arm of the French bank.

  • News

    France steps up the pace on SRI

    2007-12-03T15:30:00Z

    [16:30 CET 03-12] FRANCE – French institutional investors are increasingly focusing on socially-responsible investment (SRI) and most institutions now expect it to play a role in their business strategy, suggests a study of investors.

  • News

    Credit crunch sees deficits drop to £3bn

    2007-12-03T15:15:00Z

    [16:15 CET 03-12] UK – The combined deficit of the defined benefit (DB) pension plans for FTSE 100 companies has been almost wiped out in the past 12 month, a study by Aon Consulting has found.

  • News

    Consultancy to assist search for consultants

    2007-12-03T15:00:00Z

    [16:00 CET 03-12] UK – A new consultancy service has been launched in the UK which is designed to advise pension funds regarding the selection of investment consultants.

  • News

    AFM voices its regulatory presence

    2007-12-03T14:30:00Z

    [15:30 CET 03-12] NETHERLANDS - Hans Hoogervorst, the new chairman of the Dutch financial markets authority and pension regulator (AFM) has warned the Dutch pension sector needs to step up its transparency efforts to members.

  • News

    Fortis goes fiduciary for Atradius

    2007-12-03T13:30:00Z

    [14:30 CET 03-12] NETHERLANDS – The €180m Dutch pension fund of credit insurance company Atradius has appointed Fortis Investments as its fiduciary manager.

  • News

    Suffolk CC signs currency managers

    2007-12-03T12:00:00Z

    [13:00 CET 03-12] UK – Suffolk County Council has appointed two management firms to look currency overlay mandates totalling £500m (€700m) for the local authority’s £1.28bn pension fund.

  • News

    World Bank in CEE financial reporting push

    2007-12-03T11:00:00Z

    EUROPE – The World Bank has opened a centre for financial reporting reform (CFRR) in Vienna, to aid countries in Eastern Europe and Central Asia in their transition to international accounting and reporting standards.