Markets – Page 189

  • News

    Merseyside awards equity roles and moves fixed income

    2009-01-19T15:55:00Z

    [16:55 CET 19-01] UK – Merseyside Pension Fund has appointed four new investment managers to run a third of the £3.7bn (€4.1bn) scheme's allocation to UK equities, ahead of plans to start a new search for active fixed income managers.

  • News

    ISEQ pension deficit estimated at €7.8bn

    2009-01-16T14:45:00Z

    [15:45 CET 16-01] IRELAND – The aggregate deficit in pension schemes belonging to companies on the Irish Stock Exchange (ISEQ) increased to €7.6bn, according to latest estimates by Mercer.

  • News

    Swiss investor goes into emerging markets

    2009-01-13T15:45:00Z

    [16:45 CET 13-02] SWITZERLAND – A Swiss institutional investors is searching for an emerging market equities manager for a $250m (€189m) mandate, using IPE Quest.

  • News

    Pension Fund Forum: Dividend pressure

    2009-01-12T15:50:00Z

    Pension funds could see the dividends earned from equities decrease substantially over the coming months, as companies come under pressure to put corporate security ahead of investor payouts.

  • Secs lending 'oils the machine' – Kas Bank
    News

    Secs lending 'oils the machine' – Kas Bank

    2009-01-12T13:30:00Z

    [14:30 CET 12-01] NETHERLANDS – Albert Röell, chairman of Dutch securities bank Kas Bank’ managing board, has warned securities lending is “the oil for the financial machine”.

  • More equity volatility predicted
    News

    More equity volatility predicted

    2009-01-12T13:00:00Z

    [14:00 CET 12-01] GLOBAL – Equity volatility remains high in 2009, while real yields on government securities are likely to remain low, according to a global fund manager survey by consultancy firm Watson Wyatt.

  • Institutions to exit bonds for stocks - BlackRock CEO
    News

    Institutions to exit bonds for stocks - BlackRock CEO

    2009-01-09T12:53:00Z

    [15:00 CET 09-01] GLOBAL - Institutional investors are set to exit fixed income and move into equities, reckons BlackRock chief executive Larry Fink.

  • News

    UN fund eyes hedge funds, private equity

    2009-01-08T09:56:00Z

    [10:15 CET 08-01] GLOBAL – The $30bn (€22.1bn) United Nations Joint Staff Pension Fund (UNJSPF) says it has approval to incorporate hedge fund of funds and private equity into its portfolio.

  • News

    Investors avoid German bond auction

    2009-01-07T14:43:00Z

    [16:00 CET 07-01] GERMANY – The German 10-year government bond auction, intended to raise up to €6bn, failed today after investors appeared to shun the issue.

  • Norway reviews Israel holdings over Gaza
    News

    Norway reviews Israel holdings over Gaza

    2009-01-07T12:57:00Z

    [16:00 CET 07-01] NORWAY – Norway is reviewing whether the current Gaza conflict means its state pension fund is breaching ethical guidelines.

  • Industry-wide fund screens for global emerging markets
    News

    Industry-wide fund screens for global emerging markets

    2009-01-07T11:55:00Z

    [16:00 CET 07-01] EUROPE – A European industry wide pension fund has posted a search for an investment management firm to provide investment management services for a global emerging markets equity mandate, using IPE-Quest.

  • News

    Danish scheme seeks bond manager

    2009-01-06T13:48:00Z

    [16:00 CET 06-01] DENMARK – A Danish pension fund has said it is looking for a manager for a €100m global high yield bond mandate, using IPE Quest.

  • News

    Falkirk appoints LGIM for passive mandate

    2009-01-05T13:22:00Z

    UK – Falkirk Council has awarded Legal and General Investment Management (LGIM) a £280m (€299m) passive mandate.

  • News

    Belgian institutions to award debt, equity mandates

    2009-01-05T12:27:00Z

    [16:00 CET 05-01] BELGIUM – A Belgian institutional investor is seeking managers for an equity large-cap value and a corporate debt mandate, with a combined worth of $200m (€73.5m), using IPE Quest.

  • News

    DNB hints at change to liability discounting

    2008-12-19T15:45:00Z

    [16:45 CET 19-12] NETHERLANDS - Dutch pensions regulator De Nederlandsche Bank has hinted it might reconsider the way pension funds must calculate their liabilities.

  • News

    Irish listed pension deficits hit €3.5bn

    2008-12-19T14:50:00Z

    [15:50 CET 19-12] IRELAND – Irish listed companies with defined benefit schemes have pensions accounting deficits worth approximately €3.5bn or 12-14% of their market capitalisation, suggests analysis conducted by Attain Consulting.

  • News

    Geroa tackles regulator on domestic equity

    2008-12-15T15:35:00Z

    [16:35 CET 15-12] SPAIN – Geroa Pentsioak, the €712m defined contribution pension fund set up to complement the Spanish state pension scheme for the employees in Basque Country region of Gipuzkoa, is challenging its regulator for more investment freedom.

  • News

    Glasgow begins bonds search

    2008-12-12T15:40:00Z

    [16:40 CET 12-12] UK - Officials managing the £9.24bn (€10.3bn) Strathclyde pension fund have begun the search for a bond manager who could eventually look after up to £800m.

  • News

    Market turmoil drives change for Ilmarinen

    2008-12-11T16:25:00Z

    [17:25 CET 11-12] FINLAND - Ilmarinen Mutual, the Finnish pension fund with €23.7bn in assets under management, is making the first tactical and minor strategic changes to its investment strategy as a result of the economic turmoil.

  • News

    Elkarkidetza halves equity allocation

    2008-12-11T16:20:00Z

    [17:20 CET 11-12] SPAIN – The Bilbao-based Elkarkidetza, the pension fund for Basque Country provincial and local government employees, has cut its equity exposure from 32% to 15% this year amid market turmoil.