All articles by IPE staff – Page 51
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Features
B&W chosen
Consultant Bacon & Woodrow has been appointed to advise the Irish National Treasury Management Agency (NTMA) on the selection of a global custodian for the e6.5bn National Pensions Reserve Fund (NPRF). The consultant was chosen from a list of 10 tenders. The size of the fund is set to increase ...
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Features
Nestlé picks Northern Trust
Northern Trust has won the custody mandate for Nestlé Switzerland’s Sfr7bn (€4.6bn) pension fund. The fund, based in Vevey, will receive domestic and global custody and related services, including risk performance, performance measurement, online services, Swiss stamp tax processing and reporting. Says Lucille Knapp of Northern Trust: “Major reasons given ...
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News
ABP investment arm buys-in STP system
NETHERLANDS/US – ABP Investments US, the investment subsidiary of Holland’s e150bn pension fund ABP, has bought a newly released electronic pool notification (EPN) interface from Princeton Financial Systems, allowing it to achieve straight through processing of TBA (To Be Announced) mortgage-backed securities....
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News
Ernesti in as Citibank's Asian custody chief
Citibank Worldwide Securities Services (WWSS) has appointed Richard Ernesti as regional business head for Asia, effective from October....
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News
DJ sets Sept 14 date to extend Industrial Average
US/EUROPE – Dow Jones Indexes will extend the real time calculation of the Dow Jones Industrial Average (DJIA) to 13 hours a day on September 14, in order that it begins at the start of the European trading day....
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News
Clearnet to start cash clearing hub in November
NETHERLANDS/BELGIUM/FRANCE – Clearnet, the European clearing house, has announced that the implementation of its new clearing platform for cash, C21, will be completed on November 16.....
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S&P launches new commodity index
US – Standard & Poor’s (S&P) has unveiled its new S&P Commodity Index (SPCI), which will measure price changes in a cross-section of agricultural and industrial commodities with actively traded US futures contracts....
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News
Deutsche AM refines passive approach
Deutsche Asset Management has launched a new approach to passive investing which it says refines the fundamental principles of the traditional approach
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News
PMI elects four new council members
UK – The Pensions Management Institute (PMI) Council has elected four new members, who will take up their positions at the group’s AGM on July 12...
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News
NAPF launches new web site
UK - The National Association of Pension Funds (NAPF) has launched a new website giving members access to a range of new on-line services...
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Pension funds are Europe's top venture investors
EUROPE - Pension funds are for the first time since 1995 providing the most funds for Europe’s venture capitalists and private equity firms, according to the latest figures released by the European private equity and venture capital association (EVCA)....
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News
R&SA appoints Spanish institutional sales director
SPAIN - Royal & Sun Alliance Investments Luxembourg has appointed Victoria Huerta as sales director for retail and institutional funds in Spain....
