All IPE articles in July 2003 (Online)
View all stories from this issue.
-
News
Call for change in cross-border pension rules
EUROPE – Cross-border pensions rules should be changed -and soon - says accountants and business advisory firm Mazars.
-
News
Morley wins E2.9bn in new mandates
UK – Morley Fund Management has won two billion pounds (2.9 billion euros) of new external mandates this year so far – up one billion pounds on the same period last year.
-
News
Insight hires Schroders’ European research head
UK - Insight Investment has hired Schroder Investment Management’s head of pan-European research, Nick Anderson, to be its new head of equity research.
-
News
SGAM UK reshuffles institutional marketing
UK – Societe Generale Asset Management UK has announced a further restructuring and the departure of a handful of fund managers.
-
News
Belgacom names four global equities managers
BELGIUM – The 3.3 billion-euro pension fund for telecoms operator Belgacom has appointed four managers to run a new international equity portfolio.
-
News
Watson Wyatt looking for acquisitions
UK – Consultancy firm Watson Wyatt says it is looking for acquisition opportunities – and that the outlook for 2004 is for continued growth.
-
News
Law Debenture targets pensions crisis
UK – Trustee and investment trust company Law Debenture Corp. says it sees opportunities arising from the problems in the corporate pensions market.
-
News
EU pension reform plan “insufficient” – World Bank
EUROPE – The World Bank says the European Commission’s way of furthering pan-European pension reform may be “insufficient” – and that its projections on ageing are “very optimistic”.
-
News
AXA asset management revenues slip 12.3%
FRANCE/US – AXA Group’s asset management subsidiaries’ revenues declined by 12.3% over the first half of 2003.
-
News
CalPERS ends two-year run of negative returns
US – The US’s largest pension fund, CalPERS, has announced positive returns for the year to the end of June 2003.
-
News
Germany sees revival in occupational pensions
GERMANY – The German ministry for health and social security says occupational pensions are undergoing a revival.
-
News
Aon loses out to Hewitt at De La Rue
UK – Bank note maker De La Rue has hired Hewitt Bacon & Woodrow to handle the administration of its 740 million-euro pension scheme – resulting in a loss of business for Aon Consulting.
-
News
Russell/Mellon CAPS names European client head
EUROPE – Investment information provider Russell/Mellon CAPS has hired David Harris from Britannic Asset Management to handle clients in Europe and the UK.
-
News
Switzerland’s CSIF says coverage ratio falls to 88%
SWITZERLAND – The 15.7 billion Swiss franc (10.2 billion euro) Civil Service Insurance Fund of the Canton of Zurich has reported a 11.9% loss for 2002, with the coverage ratio falling to 88%.
-
News
BP to inject $2bn into pension schemes
UK/US – Oil giant BP announced today that it would be injecting around two billion dollars into its US and UK funded pension schemes.
-
News
Jardine Lloyd names Glasgow office head
UK - Jardine Lloyd Thompson has hired Roger MacNicol from KPMG to head its Glasgow office.
-
News
New bus pension scheme chooses Mercer
UK – Mercer Human Resource Consulting has been appointed by the newly established FirstGroup UK bus pension scheme.
-
News
M&G gains almost E1bn in institutional funds
UK – M&G says it saw net institutional fund inflows of 704 million pounds (996 million euros) in the first six months of 2003.
-
News
Morley ousts J P Morgan at National Grid fund
UK – The National Grid pension fund has appointed Morley Fund Management to run a 300 million-pound (424 million euro) fixed income mandate, resulting in a loss for J P Morgan Fleming Asset Management.
-
News
ISIS hit by shift from balanced mandates
UK - ISIS Asset Management says it has been hit by the trend away from balanced mandates.
