Markets – Page 189

  • News

    SNPF appoints Aegon for fixed income

    2009-12-03T15:55:00Z

    [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

    2009-12-01T15:50:00Z

    [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

    2009-11-30T15:15:00Z

    [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

    2009-11-30T15:00:00Z

    [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

    2009-11-30T14:15:00Z

    [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

    2009-11-24T15:15:00Z

    [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

    2009-11-20T13:30:00Z

    [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

    2009-11-16T15:35:00Z

    [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.

  • Germany's MetallRente to target 80% equities
    News

    Germany's MetallRente to target 80% equities

    2009-11-13T14:30:00Z

    [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

    2009-11-04T15:30:00Z

    [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.

  • UK roundup: Havering, East Sussex, Lincolnshire
    News

    UK roundup: Havering, East Sussex, Lincolnshire

    2009-10-28T15:30:00Z

    [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

    2009-10-20T15:00:00Z

    [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

    2009-10-20T14:30:00Z

    [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

    2009-10-16T16:10:00Z

    [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.

  • 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.