All IPE articles in June 2002 (Online) – Page 5
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News
Lombard Odier and Darier Hentsch to merge
SWITZERLAND- Two of Switzerland’s oldest private banks, Lombard Odier and Darier Hentsch are merging in a bid to cut costs and enable them to compete with larger competitors.
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News
Seligman picks State Street for operations support
US – Boston-based State Street Corporation is to take over operations support for the $25bn (€26.7bn) assets under management of New York-based investment management firm, J&W Seligman.
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News
Chiswell announces double pension fund win
UK – London-based investment management firm Chiswell Associates has won two new pension fund mandates, worth £35m (€54.5m), from the staff pension scheme of building society Leeds and Holbeck and the Presbyterian Church of Wales pension scheme.
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News
Axa adds to its specialist equity team
UK – London-based Axa Rosenberg Investment Management has appointed Gordon Strachan as a UK portfolio manager to its specialist equity management team.
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News
UK pensions remain healthy despite dropping £150bn
UK- The UK’s pension fund industry is in a good state and will continue to grow faster than the economy according to the 2002 Pension Fund Indicators report published by UBS Global Asset Management.
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News
AP7 completes search for hedge fund managers
SWEDEN- Sweden’s AP7 default fund has ended its twelve month search for hedge fund managers with the appointment of New York-based K2 and Arpad Busson’s Geneva-based EIM to run two new Sek500m (e55m) fund of funds portfolios.
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