All articles by Jan Wagner – Page 10

  • News

    Faros passes €40bn mark (Correct)


    GERMANY – Faros Consulting, the Frankfurt investment consultant launched three years ago, says it has surpassed the €40bn mark in terms of the volume of institutional assets under advice (Deletes incorrect mandate reference).

  • News

    Nestlé launches pension advisory group


    EUROPE – Nestlé, the Swiss food group, has confirmed the January 1 launch of a new pension advisory unit and a new asset management unit to serve its pension schemes worldwide.

  • News

    New EU-Swiss pension rules agreed


    SWITZERLAND – Swiss pension funds will cease paying out accrued benefits for workers who leave Switzerland for the EU as from June 2007, according to industry association ASIP.

  • News

    German trade schemes’ returns slip


    GERMANY – Versorgungswerke, or pension funds that serve certain professional trades, saw their average return slip again in 2005 amid persistently low yields on bonds – the schemes’ most favoured asset class.

  • News

    Deutsche’s DWS rolls out sixth hedge fund


    GERMANY – Deutsche Bank’s retail fund arm DWS is rolling out its sixth single hedge fund domiciled in Germany amid signs of growing investor demand for the products, according to DWS chief executive Klaus Kaldemorgen.

  • News

    BNP Paribas AM names new German head


    GERMANY – The German arm of BNP Paribas Asset Management has named Ilona Wachter as its new institutional business head, effective from last December 1.

  • News

    BHF’s Frankfurt-Trust names new institutional chief


    GERMANY – Frankfurt-Trust, the asset manager of private bank BHF-Bank, has named Gerhard Engler as its new managing director for institutional funds and corporate pension solutions. The appointment is effective from January 1.

  • Features

    Flying through turbulence

    December 2006 (Magazine)

    Germany’s largest investment consultant Feri reckons it is on track again after a takeover and adopting a new strategy. Jan Wagner reports

  • News

    IPE AWARDS: Panel hails CEE 2nd-pillar


    EUROPE – Second-pillar pensions have taken firm root in the central- and eastern European (CEE) countries of Estonia and Hungary but play only a small role in Croatia and virtually none in the Czech Republic, according to a panel of CEE experts.

  • News

    Roche pension chief ‘in Swissfirst trade’ - paper


    SWITZERLAND – The pension investment head for Swiss pharmaceuticals giant Roche personally profited from trading with shares of Swissfirst bank in September 2005, Swiss daily Blick reported today.

  • News

    Germany: Vattenfall in actuarial tender


    GERMANY – The German arm of Swedish energy giant Vattenfall has initiated a search for actuarial and pensions consultancy services.

  • News

    Siemens files charges against ex-pension manager


    SWITZERLAND – Siemens’ Swiss arm has filed criminal charges against Roland Rümmeli, the former investment head of its pension fund (Pensionskasse), but has not disclosed the nature of the charges.

  • News

    Swiss govt OKs occupational pension cuts


    SWITZERLAND – The Swiss government has approved deeper cuts in occupational pension benefits from 2011, deeming the move necessary amid longer life-spans for retirees and dwindling capital market returns.

  • News

    Fidelity names German institutional sales head


    GERMANY – Fidelity’s German arm has recruited Hans-Jörg Frantzmann from a Frankfurt-based asset manager as its new head of institutional sales, effective January 1.

  • News

    Political row erupts over Swiss life insurance


    SWITZERLAND – Switzerland’s Social Democratic Party (SP) has fiercely attacked life insurers in Switzerland, accusing them of stealing money by violating a legal requirement on surplus earnings.

  • News

    German regulator probes asset manager trading


    GERMANY – Financial services watchdog BaFin has confirmed it has found evidence of insider trading in Porsche shares by a Frankfurt-based asset manager.

  • News

    Publica vindicated over Swissfirst affair


    SWITZERLAND – Publica, the CHF30bn (€19bn) pension fund for Swiss federal employees, says an external auditor’s report has cleared its employees of any wrongdoing in the Swissfirst affair.

  • News

    PensPlan’s Atzwanger critical of IORP


    GERMANY – The EU pension fund directive will not spawn pan-European pension funds but rather induce funds to take a limited cross-border approach, says PensPlan’s Michael Atzwanger.

  • News

    EFAMA hits back over retirement account plan


    GERMANY – EFAMA president Stefan Bichsel hit back at German criticism of the investment fund association’s proposed retirement account during the European Pension Fund Congress in Frankfurt today.