Investor Strategy – Page 166

  • News

    Henderson moves into trouble-shooting

    2008-03-06T12:00:00Z

    [13:00 CET 06-03] UK – Henderson Global Investors has announced the launch of a Pan-European 'active engagement' fund, to invest in what it describes as the recovery of wilting companies.

  • News

    German doctors mull infrastructure

    2008-02-29T11:00:00Z

    [12:00 CET 29-02] GERMANY – The €9bn Nordrheinische Ärzteversorgung (NAEV), the German pension fund for doctors in the North Rhine region, is contemplating a move into infrastructure investments.

  • News

    PGGM shifts €10bn into passive

    2008-02-27T15:05:00Z

    [16:05 CET 27-02] NETHERLANDS - Asset manager PGGM has sacked over a dozen external asset managers for underperformance of their actively-managed portfolios and moved a ninth of its assets into passive management.

  • News

    Brandenburg legislates for new pension fund

    2008-02-26T14:00:00Z

    [15:00 CET 26-02] GERMANY – Brandenburg, one of the new German federal states, is planning to set up a new pension fund by the end of this year, IPE has learnt today.

  • News

    German blue-chip invests in insurer’s cover fund

    2008-02-25T14:15:00Z

    [15:15 CET 25-02] GERMANY – The Pensionsfonds of Europe’s third largest truck maker, Man AG will has invested €220m of its assets in German insurer Allianz Leben’s cover fund.

  • News

    Pension funds cautious about GTAA

    2008-02-18T14:45:00Z

    [15:45 CET 18-02] GLOBAL – Adding a global tactical asset allocation (GTAA) mandate to a portfolio is still a question of money, belief and regulation, according to pension funds.

  • News

    Germans depart from equities and bonds in 2007

    2008-02-18T12:30:00Z

    [13:30 CET 18-02] GERMANY – The German association of investment and asset management said Germany’s investment management businesses grew by €60bn to €1.7trn in 2007, despite outflows from equity and bond funds.

  • LPFA considers 'market-neutral' pensions strategy
    News

    LPFA considers 'market-neutral' pensions strategy

    2008-02-15T12:30:00Z

    [13:30 CET 15-02] UK – London Pension Funds Authority officers are hoping to shift the strategy of its pension assets to a more market-neutral position, and may opt for a larger allocation to infrastructure.

  • Quant strategies helped "intensify" financial crisis
    News

    Quant strategies helped "intensify" financial crisis

    2008-02-15T11:00:00Z

    [12:00 CET 15-02] UK/GLOBAL – Quantitative strategies are "partly guilty" of market distortion as "sudden de-levering" helped intensify equity market corrections, Barclays Capital has revealed.

  • News

    ‘Stop internal rivalry’ – Holland Financial Centre

    2008-02-12T11:00:00Z

    [12:00 CET 12-02] NETHERLANDS – Holland Financial Centre (HFC) is set to publish a business plan pleading for a departure from "internal competition" in the Dutch pension sector.

  • News

    Physios to double hedge fund exposure

    2008-02-11T15:00:00Z

    [16:00 CET 11-02] NETHERLANDS – The €1.8bn occupational pension funds for physiotherapists, SPF, is looking to nearly double its investments in hedge fund investments to 15%, IPE has learnt.

  • News

    Durham completes asset allocation 'shake-up'

    2008-02-11T14:30:00Z

    [15:30 CET 11-02] UK – Durham County Council has completed its shake-up of the local authority pension fund's investment strategy, and replaced three balanced mandates with six awards, including an 8% allocation to global property.

  • News

    ATP seeks approval for "innovative" DC guarantee

    2008-02-11T13:00:00Z

    [14:00 CET 11-02] DENMARK – ATP, Denmark’s largest pension fund, is hoping to gain approval from the Danish parliament next month to launch an “innovative” new defined contribution pension product which has a level of guaranteed return on contributions at no extra cost, but also generates higher potential investment returns.

  • News

    Avon PF to place 1/8th in multi- manager property

    2008-02-08T15:55:00Z

    [16:55 CET 08-02] UK – Bath and North East Somerset Council is looking to alter the asset allocation strategy and passive equity holdings of the Avon pension fund, to accommodate diversification into UK and global real estate.

  • News

    PGGM taps Mercer for ESG emerging markets managers

    2008-02-08T14:30:00Z

    [15:30 CET 08-02] NETHERLANDS – PGGM, the newly separated manager of the €88bn pension fund Zorg en Welzijn, has hired Mercer to find emerging markets asset managers who incorporate environmental, social and governance (ESG) issues in their investments.

  • News

    Mortality changes add £6bn to FTSE100 liabilities

    2008-02-08T12:30:00Z

    [13:30 CET 08-02] UK - Nearly 50% of the defined benefit schemes in the FTSE 100 changed their mortality assumptions over the last year, adding more than £6bn (€8bn)to pension scheme liabilities, Watson Wyatt have claimed.

  • News

    Brinkman hints at ABP’s export value

    2008-02-07T13:00:00Z

    [14:00 CET 07-02] NETHERLANDS – ABP-head Eelco Brinkman believes there are opportunities for Dutch industry-wide second pillar pension funds, such as ABP, to export elements of their practices to other countries.

  • News

    Trustee support 'key battle' for private equity

    2008-02-06T10:00:00Z

    [11:00 CET 06-02] UK – Private equity firms need to work harder to win over pension trustees, as 72% are fearful about possible private equity acquisitions, Aon Consulting has revealed.

  • News

    Pensions Board unveils support service providers

    2008-02-05T11:30:00Z

    [12:30 CET 05-02] IRELAND - The Irish Pensions Board has unveiled two lists of 10 companies it will use in the future to provide actuarial consultancy as well as policy and economic research services.

  • News

    Invesco Perpetual withdraws from DC

    2008-02-04T15:00:00Z

    [16:00 CET 04-02] UK – Invesco Perpetual is pulling out of the market as a provider of defined contribution (DC) pension plans, after signing a deal to transfer its full service DC business to Threadneedle Investments.