Markets – Page 181
-
News
AP1 targets 12 managers for US small caps
[16:00 CET 15-12] SWEDEN: Första AP-fonden (AP1), the First Swedish National Pension Fund, has approved a list 12 investment managers to manage passive and active US small cap equity accounts.
-
News
Two down, one to go: FRR signs fresh credit strategies
[13:30 CET 11-12] FRANCE - Fonds de Reserve pour les Retraites (FRR), the French pension reserve fund, has completed the appointment for its second lot of bond mandates, and now has just one more to go.
-
News
UK roundup - Royal Mail, Wandsworth, Oxford and Powys
[16:15 CET 10-12] UK – Royal Mail has also revealed its pension deficit may have tripled in the last three years while three local authorities are making changes to their pension funds.
-
News
Strathclyde drops bonds managers for absolute returns
[16:10 CET 07-12] UK – Glasgow City Council has replaced incumbent managers Henderson New Star and Western Asset Managers as holders of the Strathclyde Pension Fund’s bonds contracts, in favour of two new managers with absolute returns bond mandates.
-
News
DB Advisors predicts interest rate and accounting change
[16:00 CET 07-12] EUROPE – Georg Schuh, chief investment manager at DB Advisors, has sought to lift some of the worries that German pension have about their bond yields and predicted the US Federal Reserve will increase interest rates by next year.
-
News
One in four German institutions replaced managers post-crisis
[17:05 CET 03-12] GERMANY – German ratings agency Feri has found some German institutional investors have replaced their asset managers in the wake of the recent financial turbulence.
-
News
SNPF appoints Aegon for fixed income
[16:55 CET 03-12] NETHERLANDS – The €1bn Stichting Notarieel Pensioenfonds (SNPF) has awarded Aegon Asset Management a mandate to run part of its fixed income allocation and provide a fixed income overlay for an existing loans portfolio.
-
News
AP3 targets corporate credit managers
[16:50 CET 01-12] SWEDEN – Tredje AP-fonden (AP3), the third Swedish National Pension Fund is seeking a number of corporate credit bond managers for its SEK188.6bn (€18.1bn) fund.
-
News
Pension schemes warned to prepare inflation-proof strategies
[16:15 CET 30-11] GLOBAL/UK – Pension funds and other institutional investors, particularly those with inflation-linked liabilities, have been advised by Watson Wyatt to plan ahead for a return to high inflation, even though suitable investments could in some cases prove expensive.
-
News
Credit Suisse pension fund cuts equities
[16:00 CET 30-11] SWITZERLAND – Credit Suisse reduced the equity exposure in its Pensionskasse by 10 percentage points in September and October, but officials have indicated they may hike the fund's equity holding again soon.
-
News
Investors seek new route for investment volatility
[15:15 CET 30-11] GLOBAL - New entrant to the indices market Thomson Reuters is in the process of developing benchmarks to help European and Asian institutional investors reduce volatility in their portfolios.
-
News
Active managers should be performing by now - Halbis
[16:15 CET 24-11] GLOBAL - Many active asset managers have underperformed the market this year despite almost perfect conditions, according to Ian Barnett, global head of investment risk at Halbis.
-
News
FRR awards €4bn to inflation-linked bond mandates
[14:30 CET 20-11] FRANCE - Fonds de reserve pour les retraites (FRR), the €31.9bn French national pension reserve fund, has awarded €4bn in bond mandates to six major managers
-
News
ATP seeks to follow venture capital success
[16:35 CET 16-11] DENMARK - ATP is planning to launch a second DKK1bn (€130m) ICT venture capital fund in a year’s time, because its first fund has proven to be so successful.
-
NewsGermany's MetallRente to target 80% equities
[15:30 CET 13-11] GERMANY – MetallRente, the pension group for the German metal industry, now has a target allocation of 80% equities in its Pensionsfonds - a pensions vehicle that it believes is most appropriate for young people.
-
News
AP7 to launch new products following overhaul
[16:30 CET 04-11] SWEDEN - The Seventh Swedish National Pension Fund (AP7) will take a new shape after May 2010 and management is currently ironing out details for the launch of its new equity and fixed-income funds.
-
NewsUK roundup: Havering, East Sussex, Lincolnshire
[16:30 CEST 28-10] UK – The London Borough of Havering has issued a tender for a multi-asset absolute return bond manager to run around 5% of the fund, alongside a search for a passive equities manager. East Sussex Council is seeking a provider of a corporate governance overlay service for ...
-
News
Industry-wide fund issues climate change mandate
[16:00 CEST 20-10] IPE-QUEST – A Dutch pension fund is planning to venture into Asian-Pacific real estate investments while a second industry-wide pension fund is hoping to invest up to $150m (€m) in a global climate change equity mandate, and both are using IPE-Quest.
-
News
EC aims to pursue withholding tax parity
[15:30 CEST 20-10] EUROPE – The European Commission is attempting to push through yet more reforms to local withholding tax regimes by recommending a simplified system be introduced for investors claiming the tax relief.
-
News
Boutique forecasts a decade of low interest rates
[17:10 CEST 16-10] EUROPE - There will be no end to the US Federal Reserve’s low interest rate policy within the next few years, so returns from bonds and money market instruments will be insufficient to meet pension fund targets, according to Jens Ehrhardt, founder of multi-asset boutique DJE.
