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

News
IPE-QUEST – $250m pan-European equity mandate

2007-07-18T15:45:00Z

[16:45 CEST 18-07] SCANDINAVIA – A Scandinavian pension fund is looking for an active manager for a $250m (€181.7m) pan-European equity mandate, using IPE-Quest.
News
Institutions wade into ABN battle again

2007-07-18T15:45:00Z

[16:45 CEST 18-07] NETHERLANDS – Several of ABN Amro’s heavy-weight institutional shareholders have spoken out against an external committee tasked with overseeing the takeover of he beleaguered Dutch bank.
News
Pan-European foundation could raise “serious” class actions

2007-07-18T15:45:00Z

[16:45 CEST 18-07] EUROPE - Europe could still be some way off from regularly handling local class action suits unless a pan-European legal foundation can be established matching US standards, according to legal experts.
News
Hampshire stays with Bramdean alternatives

2007-07-19T11:02:00Z

[12:02 CEST 19-07] UK – The £2.5bn (€3.7bn) Hampshire County Council Pension Fund has renewed its contract with UK-based multi-manager Bramdean Asset Management in a push for alternatives, IPE has learnt today.
News
PensionDanmark allocates equity to Europe

2007-07-19T13:00:00Z

[14:00 CEST 19-07] DENMARK - Danish pension fund PensionDanmark has added a new fund management house to its list of external managers through the award of an active European equity mandate.
News
Mortality assumptions increase liability by £50m

2007-07-19T13:30:00Z

[14:30 CEST 19-07] UK – Pension schemes’ liabilities could increase by a quarter because of the wide range of mortality assumptions used, a study has found.
News
Major Dutch schemes boosted by interest rates

2007-07-19T15:00:00Z

[16:00 CEST 19-07] NETHERLANDS - The coverage ratio of the largest Dutch pension funds has risen considerably in the last six months thanks to an increase in long-term interest rates and a resulting drop in liabilities.
News
PAIFS to match REITs tax status

2007-07-19T15:00:00Z

[16:00 CEST 19-07] UK – Pension funds and charities will no longer face a tax penalty if they invest in UK property authorised investment funds (PAIFs) from next year as government reforms will give the investments tax status equal to real estate investment trusts (REITs).
News
Legal battle over Vera/Pevos fund collapse to continue

2007-07-19T15:30:00Z

[16:30 CEST 19-07] SWITZERLAND – The public prosecutor for the Swiss canton of Solothurn has scored a legal victory in its campaign against those whom it deems responsible for the collapse of the Vera/Pevos pension fund.
News
IPE Quest: Swiss fund seeks real estate FoF

2007-07-19T15:45:00Z

[16:45 CEST 19-07] SWITZERLAND – A Swiss corporate pension fund is looking a manager to handle a $10m (€7.2m) pan-European real estate fund of funds mandate, using IPE Quest.
News
Cardano debuts new consultancy model in UK

2007-07-19T16:00:00Z

[17:00 CEST 19-07] UK - Cardano, the Rotterdam-based consultant specialising in derivatives and risk, is now actively competing against mainstream UK firms for investment consulting business.
News
Watson Wyatt completes Heissmann acquisition

2007-07-20T12:30:00Z

[13:30 CEST 20-07] GERMANY – Watson Wyatt has completed its acquisition of Heissmann, Germany’s leading pensions actuarial and pensions consulting firm with 360 employees and annual revenues of above €50m.
News
Construction major signs €425m return portfolio

2007-07-20T13:00:00Z

[14:00 CEST 20-07] NETHERLANDS – The €850m pension fund of Dutch construction group VolkerWessels have appointed specialist Swiss asset manager EIM Group to manage a €425m absolute return portfolio, IPE has learnt.
News
West Midlands awards ING £560m property mandate

2007-07-20T14:00:00Z

UK - The £7.8bn (€11.6bn) West Midlands Metropolitan Pension Fund has awarded ING Real Estate a £560m advisory mandate to manage its UK direct property portfolio.
News
Agency seeks environmental corporate bonds

2007-07-20T14:30:00Z

[15:30 CEST 20-07] UK - The Environment Agency has handed Royal London Asset Management the contract to manage a £55m (€81.5m) UK corporate bonds mandate, with SRI restrictions on the type of investments selected.
News
Cumbria introduces global equity and alternatives focus

2007-07-20T15:00:00Z

[16:00 CEST 20-07] UK - Cumbria County Council is making its first move into investing in alternatives with the appointment of asset manager Blackrock, as well as shift into global equities.
News
NPRF takes advantage of bond values

2007-07-20T15:30:00Z

[16:30 CEST 20-07] IRELAND – Falling bond markets allowed the National Pensions Reserve Fund (NPRF) to complete its government bond allocation and return 6.9% in the first half of this year.
News
Equity gives PMT and SPF positive returns

2007-07-20T15:50:00Z

[16:50 CETS 20-07] NETHERLANDS - The industry-wide pension fund for the metalworking and mechanical engineering PMT has made a modest return of 1.4% during the second quarter.
News
Italy agrees last-minute retirement deal

2007-07-20T16:00:00Z

[17:00 CEST 20-07] ITALY - The Italian government has finally reached agreement with trade unions on pension reforms to gradually raise the country’s State retirement age.
News
Flemish Moorslede to create pension fund

2007-07-23T13:00:00Z

[14:00 CEST 23-07] BELGIUM – The Flemish municipality Moorslede has tendered a mandate for a new pension fund for its civil servants.