Markets – Page 182

  • News

    Bond manager warns of 1994 re-run

    2009-10-15T15:00:00Z

    [16:00 CEST 15-10] GLOBAL - Paul Griffiths, the newly-appointed global head of fixed income at Aberdeen Asset Management, has warned that central banks are walking a “very fine line” with regard to the timing of rate rises and their withdrawal of liquidity from markets, drawing comparisons with the market turmoil ...

  • News

    Bucks appoints RLAM for bonds as Devon seeks actuary

    2009-10-13T16:00:00Z

    [17:00 CEST 13-10] UK – The £1.07bn (€1.14bn) Buckinghamshire County Council Pension Fund has appointed Royal London Asset Management (RLAM) to run a fixed income mandate.

  • News

    Merseyside keeps L&G and Schroders for fixed income

    2009-10-12T15:50:00Z

    [16:50 CEST 12-10] UK – The £4.1bn (€4.4bn) Merseyside pension fund has retained its two fixed income managers to run a portfolio valued at around £372m, or 9% of the scheme's assets.

  • News

    Essex appoints Fidelity for global equities

    2009-10-09T16:10:00Z

    [17:10 CEST 09-10] UK – The £2.2bn (€2.37bn) Essex Pension Fund has appointed Fidelity International as an active global equity manager.

  • News

    FSP lifted by high returns in Q3

    2009-10-09T16:00:00Z

    [17:00 CEST 09-10] DENMARK - Holdings in emerging markets and corporate bonds boosted investment returns for the market-linked pensions of Denmark’s Finanssektorens Pensionskasse (FSP), the fund said, reporting strong third quarter performance figures.

  • Exotic ETFs are not seeing demand - provider
    News

    Exotic ETFs are not seeing demand - provider

    2009-10-06T16:20:00Z

    [17:20 CEST 06-10] EUROPE - Exotic and more sophisticated exchange-traded funds have suffered from a serious lack of interest this year, according to Axel Lomholt, head of product development for iShares Europe.

  • European pension fund considers enhanced passive mandate
    News

    European pension fund considers enhanced passive mandate

    2009-10-06T15:45:00Z

    [16:45 CEST 06-10] IPE-QUEST – A continental European pension fund is looking for a manager to take on a $300m (€206m) global developed markets enhanced passive equity mandate, and is conducting the search using IPE-Quest.

  • News

    Hungarian pensions face investment cull

    2009-09-28T16:00:00Z

    [17:00 CEST 28-09] HUNGARY – Plans by the Hungarian government to cap investments in foreign assets have been criticised by Hungarian pension funds.

  • News

    Harrow overhauls fund manager line-up

    2009-09-23T16:05:00Z

    [17:05 CEST 23-09] UK – The London Borough of Harrow has appointed four new managers to run the equity portfolio of its £300m (€333m) local government pension scheme, while its bond portfolio is being consolidated under one manager.

  • News

    Expert claims interest in alternatives is waning

    2009-09-23T15:40:00Z

    [16:40 CEST 23-09] SWITZERLAND – The boom in alternatives has been broken by the financial crisis and Swiss investors are placing their money elsewhere, Michael Brandenberger of Swiss consultancy Complementa has suggested.

  • PNO Media makes Principal decision over GEM equity
    News

    PNO Media makes Principal decision over GEM equity

    2009-09-22T15:00:00Z

    [16:00 CEST 22-09] NETHERLANDS – PNO Media, the €2.543bn pension fund for the media, has appointed Principal Global Investors to manage a global emerging markets equity mandate.

  • News

    High yield debt defaults are at peak - Threadneedle

    2009-09-17T15:55:00Z

    [16:55 CEST 17-09] GLOBAL – Asset owners looking tap high yield bond opportunities created by the credit crunch may have missed the best returns, according to asset management Threadneedle, as a predicted fall in default rates from the beginning of next year is likely to lead to a tightening of ...

  • News

    BPK scraps additional contributions

    2009-09-16T15:15:00Z

    [16:15 CEST 16-09] SWITZERLAND - The CHF7.9bn (€5.2bn) Bernische Pensionskasse (BPK) has reviewed its recovery plans and will reduce its interest rate paid to members from January, just as regular contributions will rise.

  • News

    Manager risk appetite yet to match macro optimism

    2009-09-16T15:00:00Z

    [16:00 CEST 16-09] GLOBAL – Fund managers remain optimistic about the macro environment as less than a third now believe the global economy is in recession, however 72% expect to see "below trend growth and inflation" over the next 12 months, the latest monthly survey from Merrill Lynch has revealed.

  • News

    Gloucestershire appoints global equity manager

    2009-09-11T16:00:00Z

    [17:00 CEST 11-09] UK - Gloucestershire County Council has appointed GMO as global equity manager for its £737.5m (€843.2m) pension fund.

  • News

    Strathclyde completes strategy review

    2009-09-11T15:55:00Z

    [16:55 CEST 11-09] UK – The £8.39bn (€9.6bn) Strathclyde pension fund is considering the creation of a "new opportunities" portfolio following the conclusion of the triennial review of its investment strategy and structure.

  • News

    East Riding of Yorkshire seeks investment manager

    2009-09-09T16:15:00Z

    [17:15 CEST 09-09] UK - East Riding of Yorkshire Council has launched a tender for investment management services for one-third of its pension fund portfolio, equivalent to £500m (€568m).

  • News

    Avon tweaks bond strategy

    2009-09-04T14:15:00Z

    [15:15 CEST 04-09] UK – Avon Pension Fund has decided to increase its allocation to corporate bonds through a reduction in its investments in gilts.

  • News

    Norway-Global excludes Israeli defence firm

    2009-09-03T15:55:00Z

    [16:55 CESt 03-09] NORWAY – The Government Pension Fund – Global has divested a NOK35.8m (€4.1m) holding in the Israeli company Elbit systems following a recommendation by the Council of Ethics over "violations of international humanitarian law".

  • News

    AP4 and Folksam target corporate bonds and loans

    2009-09-03T15:45:00Z

    [16:45 CEST 03-09] SWEDEN – Fjärde AP-fonden (AP4), the Fourth Swedish National Pension Fund, has joined forces with Swedish insurer Folksam to invest in a vehicle targeting private corporate bonds and public corporate loans.