Markets – Page 190

  • 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.

  • News

    Swiss investor looking for global developed markets debt manager

    2009-09-02T12:30:00Z

    [13:30 CEST 02-09] IPE QUEST – A Switzerland-based institutional investor is looking for the manager of a corporate debt mandate covering global developed markets.

  • News

    Enfield seeks manager, Thames Water hunting actuary

    2009-09-01T16:05:00Z

    [17:05 CEST 01-09] UK – The London Borough of Enfield is seeking an active manager to run a global equity mandate worth £55m (€62.4m), or 12% of its pension fund, as at end-June.

  • AP2 seeks global credit managers
    News

    AP2 seeks global credit managers

    2009-08-25T15:35:00Z

    [16:35 CEST 25-08] SWEDEN – Andra AP-fonden (AP2), the Second Swedish National Pension Fund, is seeking external global credit bond managers for mandates valued at up to $600m (€418m).

  • News

    Dutch pension fund begins quest for bonds

    2009-08-24T15:40:00Z

    [16:40 CEST 24-08] IPE-QUEST – A Netherlands-based corporate pension fund is looking to hire a suitable eurozone corporate bond manager to look after a €35m ($50m) investment, and is conducting the search using IPE-Quest.

  • News

    Shropshire awards bond mandate to boutique

    2009-08-24T14:15:00Z

    [15:15 CEST 24-08] UK – Shropshire County Council has awarded a new global bonds mandate for its £820m (€944.5m) pension fund to US boutique firm Strategic Fixed Income.

  • News

    Northants tenders global equities and bonds

    2009-08-18T15:45:00Z

    [16:45 CEST 18-08] UK – Northamptonshire County Council is tendering two new investment mandates for global equities and bonds, following a review of its £866m (€1.01bn) pension fund's investment strategy.