Latest on Regulation & Reform – Page 465
-
News
NAPF CEO Farnish quits for Barclays role
UK – Christine Farnish, chief executive of the National Association of Pension Funds (NAPF), will step down at the start of October to become public policy director at Barclays.
-
News
ABP transfers New York hedge fund team
GLOBAL – The €193.6bn Dutch civil service pension scheme ABP will next month transfer its New York-based hedge fund team to a newly established funds-of-funds outfit called New Holland Capital.
-
News
US banks report Q2 AUM, custody figures
US – Some of the largest US banking groups have released their latest assets under management and custody figures today with their second-quarter earnings reports.
-
News
MLIM nabs SSGA’s O’Carroll
UK – Eilín O’Carroll, European product management head at State Street Global Advisors, has left to join Merrill Lynch Investment Managers’ product development team.
-
News
Germany’s Aba in new blast at portability plan
GERMANY – German occupational pensions association Aba has again blasted the EU’s planned pensions portability directive, arguing it is even less workable following amendments at the European Parliament.
-
News
Kosovo fund names two asset managers
KOSOVO – The Kosovo Pensions Savings Trust (KPST) has appointed Schroders and ECM as fixed income managers.
-
News
Lincolnshire scheme silent on BETonSPORTS
GLOBAL – At least one UK pension fund - Lincolnshire - may have lost out in the decline in share prices of online gaming companies following the detention of BETonSPORTS chief executive David Carruthers.
-
News
Maher steps down as Pensions Board CEO
IRELAND – Anne Maher is due to step down resign as chief executive of Irish pensions regulator the Pensions Board after 10 years in the role.
-
News
McCreevy to address IPE Awards
EUROPE – Charlie McCreevy, the European Commission’s Internal Market and Services Commissioner, is to address this year’s IPE Awards in Paris on November 30.
-
News
UK pension deficits dragging on investment - CBI
UK – The UK’s growing corporate pension contributions are hitting firms’ profits and investment, according to a survey from the Confederation of British Industry.
-
News
UK trustee code goes to Parliament
UK - The Pensions Regulator's code of practice on member-nominated trustees has been laid before Parliament.
-
News
European Court in preliminary ruling on UK case
EUROPE – The UK government is not liable for the pensions of the former workers of failed industrial group Allied Steel and Wire, according to a preliminary judgment at the European Court of Justice.
-
News
New UK pension buyout firm gets FSA OK
UK - Synesis Life, one of several new entrants into the pension annuity buyout market, says it is likely to get approval from the Financial Services Authority.
-
News
Swedish Minister warns of transparency law
SWEDEN - Sven-Erik Österberg, the Swedish Minister for Local Government and Financial Markets, has warned that he may introduce a new law to compel private equity and venture capital companies to disclose information about their borrowing.
-
News
Italian hedge fund industry lacks special skills – AIMA
ITALY – The absence of specialist on-shore knowledge in Italy’s hedge fund industry has dampened down the market for competition, according to a report by global hedge fund trade association AIMA and international law firm Simmons and Simmons.
-
News
EU schemes to reclaim dividend tax
EUROPE/NETHERLANDS - Pension funds based in other EU member states will also be allowed to reclaim dividend tax, the Dutch Treasury has announced.
-
News
Old Mutual Asset Managers appoints CIO
UK – Old Mutual Asset Managers (OMAM) has appointed Eoin Murray, its current head of quantitative strategies, as chief investment officer.
-
News
Hymans axed by Cape pension trustees
UK – The pension trustees of global industrial services company Cape PLC have axed Hymans Robertson as scheme consultant, and appointed Buck Consultants instead.
-
News
Swedish regulator voices concern on private equity
SWEDEN - Sweden’s financial supervisory authority, Finasinspektionen (FI), has said it is worried about the rising levels of debt in private equity and venture capital companies and has called for greater transparency in their activities.
-
News
IPE-QUEST: Two new searches on system
GLOBAL – A continental European pension fund is looking to invest between $50m and $100m in hedge funds via IPE-QUEST.
