All IPE articles in July 2008 (Online) – Page 9

  • Swiss absolute return manager opens Dutch office
    News

    Swiss absolute return manager opens Dutch office

    2008-07-04T12:16:00Z

    [15:47 CEST 04-07] NETHERLANDS – The Swiss hedge fund and asset manager EIM Group, specialists in absolute return portfolios, has opened a separate office in Amsterdam.

  • Private sector membership falls by 400,000
    News

    Private sector membership falls by 400,000

    2008-07-04T12:08:00Z

    [15:50 CEST 04-07] UK – The overall number of active members in occupational pension schemes has fallen by 400,000 over the last year to 8.8 million, according to the Office of National Statistics (ONS).

  • Manchester seeks property agent
    News

    Manchester seeks property agent

    2008-07-03T15:30:00Z

    [16:30 CEST 03-07] UK – The £9.6bn (€12bn) Greater Manchester pension fund is seeking a new property management firm to manage part of its real estate portfolio.

  • Irish Labour Court rules on RTÉ dispute
    News

    Irish Labour Court rules on RTÉ dispute

    2008-07-03T15:15:00Z

    [16:15 CEST 03-07] IRELAND – The Irish Labour Court has backed the proposal of an optional hybrid pension scheme as a solution to the dispute between RTÉ and the RTÉ Trade Union Group (TUG) on pension provision.

  • KLM schemes check into emerging markets debt (amended)
    News

    KLM schemes check into emerging markets debt (amended)

    2008-07-03T15:00:00Z

    [16:00 CEST 03-07] NETHERLANDS - The three KLM pension funds, with combined assets of €12.7bn, have started to invest in local currency emerging markets debt, in order to diversify their fixed income portfolios.

  • Irish managed funds drop 21% in a year
    News

    Irish managed funds drop 21% in a year

    2008-07-03T14:45:00Z

    [15:45 CESt 03-07] IRELAND – Irish pension funds have been caught in a "perfect storm" of stock market declines, as managed pension funds fell 21% in the 12 months to June 2008, Hewitt Associates has revealed.

  • Düsseldorf to launch pension fund
    News

    Düsseldorf to launch pension fund

    2008-07-03T14:30:00Z

    [15:30 CEST 03-07] GERMANY – Düsseldorf, the capital city of the German state of North Rhine-Westphalia, plans to launch a new pension arrangement for its civil servants.

  • North Yorks re-signs Mercer and reviews fixed income
    News

    North Yorks re-signs Mercer and reviews fixed income

    2008-07-03T14:00:00Z

    [15:00 CEST 03-07] UK – North Yorkshire County Council has reappointed Mercer to provide actuarial services for its local government pension scheme for a further six years.

  • APG promotes Sleijpen into Cordares' institutional role
    News

    APG promotes Sleijpen into Cordares' institutional role

    2008-07-03T13:30:00Z

    [14:30 CEST 03-07] NETHERLANDS – Olaf Sleijpen, director of strategy and policy at APG, today was promoted to take over as director for institutional clients after the merger between APG and Cordares has been completed.

  • Nordea Liv & Pensions buys Alka Liv
    News

    Nordea Liv & Pensions buys Alka Liv

    2008-07-03T11:30:00Z

    [12:30 CEST 03-07] DENMARK - Nordea Liv & Pension, the life and pensions arm of the Nordic finance group, has bought Alka Liv - a life insurer with DKK1bn (€134m) under management.

  • Serbia mulls second pillar (amended)
    News

    Serbia mulls second pillar (amended)

    2008-07-03T11:00:00Z

    SERBIA – Within the next few years Serbia will be next in line in the CEE region to introduce a mandatory second pillar, Marija Medenica, director of Erste Invest Beograd, has told IPE.

  • Shell pools pension assets and taps JPMorgan for custody
    News

    Shell pools pension assets and taps JPMorgan for custody

    2008-07-02T15:01:00Z

    [16:30 CEST 02-07] GLOBAL – Anglo-Dutch oil giant, Royal Dutch Shell has decided to create a single pension pool for its $70bn (€44bn) pension and insurance assets globally, appointing JP Morgan to provide custody services around this new pool.

  • Wednesday people roundup
    News

    Wednesday people roundup

    2008-07-02T15:00:00Z

    [16:00 CEST 02-07] GLOBAL - Watson Wyatt, Hymans Robertson, AllianzGI, Aberdeen, Schroders, Henderson Global Investors, Millennium Global Investments, New Star, SSGA, State Street, Alliance Trust Asset Management, Black Rock, RBS Asset Management, SLI, Cardano, Pimco.

  • Progress to focus on fixed income
    News

    Progress to focus on fixed income

    2008-07-02T15:00:00Z

    [16:00 CEST 02-07] NETHERLANDS - Progress, the €4bn Dutch arm of and home care Unilever will focus its fixed income investments on emerging markets, euro credits and very long-term bonds.

  • TPR finalises wind-up guidance
    News

    TPR finalises wind-up guidance

    2008-07-02T12:00:00Z

    [13:00 CEST 02-07] UK – The Pension Regulator (TPR) has issued final guidance to help trustees of occupational pension schemes complete key wind-up activities within two years, supported by three new e-learning modules.

  • Delta Lloyd Investment Management GmbH sold
    News

    Delta Lloyd Investment Management GmbH sold

    2008-07-02T11:30:00Z

    [12:30 CEST 02-07] GERMANY – Kas Bank, the Dutch securities bank, has formally acquired Delta Lloyd’s German investment manager business, following its exclusive talks with Delta Lloyd Deutschland last month.

  • Gov't wants 'formal' research into 50% MNTs
    News

    Gov't wants 'formal' research into 50% MNTs

    2008-07-02T11:00:00Z

    [12:00 CEST 02-07] UK – The UK government says more "formal" research is needed to assess potential issues before the government will increase the legal requirement for member-nominated trustees (MNTs) on pension boards from one-third to 50%.

  • Watson Wyatt unites global quant offerings
    News

    Watson Wyatt unites global quant offerings

    2008-07-02T10:30:00Z

    [11:30 CEST 02-07] UK – Consultancy firm Watson Wyatt Worldwide is creating a quantitative research and investment systems group in an attempt to combine its various quant offerings into one team.

  • Hammersmith & Fulham award 'dynamic' mandates
    News

    Hammersmith & Fulham award 'dynamic' mandates

    2008-07-02T10:00:00Z

    [11:00 CEST 02-07] UK – The London Borough of Hammersmith and Fulham has appointed two managers to run specialist dynamic asset allocation portfolios for its pension fund.

  • News

    Danes at front of mining firm scrutiny over Zimbabwe

    2008-07-01T15:15:00Z

    [16:15 CEST 01-07] GLOBAL – PFA Pension, the second-largest Danish pension scheme, has joined a group of influential European pension funds and opened dialogue with mining company Anglo American over its mining activities in Zimbabwe.