Markets – Page 193

  • HSBC launches two emerging economies funds
    News

    HSBC launches two emerging economies funds

    2008-07-16T13:26:00Z

    [14:26 CEST 16-07] EUROPE - HSBC Global Asset Management has launched both a Frontier Markets equity fund and an Emerging Markets Inflation-linked bond fund for European investors.

  • News

    Fund to award €50m small cap brief

    2008-07-09T14:45:00Z

    [15:45 CEST 09-07] EUROPE – A continental European pension fund is looking for a manager for a €50m pan-European equity small cap core mandate, using IPE Quest.

  • News

    Credit crunch pushes pension flight from equities

    2008-07-08T11:15:00Z

    [12:15 CEST 08-07] UK – Nearly half of pension scheme managers have shifted their investments from equities to bonds during the past 12 months, according to research released by Aon Consulting.

  • News

    German CTA to award €45m debt mandate (amended)

    2008-07-07T15:20:00Z

    [16:20 CEST 07-07] GERMANY – A fiduciary manager has revealed a German pension fund client is looking for managers for a $70m (€45m) Eurozone debt mandate, using IPE Quest. (Amended with updated closing date)

  • News

    Danes at front of mining firm scrutiny over Zimbabwe

    2008-07-01T15:15:00Z

    [16:15 CEST 01-07] GLOBAL – PFA Pension, the second-largest Danish pension scheme, has joined a group of influential European pension funds and opened dialogue with mining company Anglo American over its mining activities in Zimbabwe.

  • News

    Berkshire to increase alternatives exposure

    2008-06-30T15:30:00Z

    [16:30 CEST 30-06] UK – The £1.49bn (€1.88bn) Royal County of Berkshire Pension Fund has confirmed its intention to move into emerging market debt and infrastructure with the issue of two new manager tenders.

  • News

    ABP becomes Fortis’ second-largest shareholder

    2008-06-30T14:15:00Z

    [15:15 CEST 30-06] NETHERLANDS – The €218bn giant Dutch pension fund ABP has confirmed it is now the largest shareholder of Fortis, after Chinese insurer Ping An.

  • News

    German investor mulls Asia pacific replacement

    2008-06-26T12:00:00Z

    [13:00 CEST 26-06] GERMANY – A German corporate investor wants to launch a €100m Asia Pacific equity all/large mandate and is looking for managers, using IPE-Quest.

  • News

    Dutch funds see equities fall €32bn

    2008-06-25T15:30:00Z

    [16:30 CEST 25-06] NETHERLANDS – Dutch pension funds saw the value of their equity portfolios drop by another 6% in the first quarter of 2008 because of continued unrest on the financial markets, the Dutch central bank DNB said today.

  • News

    PGGM: 'ETFs have serious drawbacks’

    2008-06-25T15:00:00Z

    [16:00 CEST 25-06] NETHERLANDS – Rob Radecker, head of beta at PGGM, the asset manager of the €88bn Dutch health care fund, believes exchange-traded funds (ETFs) have “serious drawbacks” for large pension fund investors.

  • Talking Point: Responsible investment or political interference?
    News

    Talking Point: Responsible investment or political interference?

    2008-06-25T14:45:00Z

    TALKING POINT – Anglo American, the mining giant, issued a statement today on the back of widespread criticism about its plan to invest £200m ($400m) in a platinum mine in Zimbabwe.

  • News

    IMF tells Austria to 'ease investment restrictions'

    2008-06-24T13:00:00Z

    [14:00 CEST 24-06] AUSTRIA – Regional restrictions on equity exposure in third-pillar pension vehicles might be detrimental to the funds' performance, the International Monetary Fund (IMF) has suggested.

  • News

    Fund seeks market neutral strategy

    2008-06-24T12:35:00Z

    [13:35 CEST 24-06] EUROPE – A continental European pension fund is looking for a discretionary fundamental equity market neutral strategy, using IPE-Quest.

  • New classification to overhaul funds
    News

    New classification to overhaul funds

    2008-06-23T15:35:00Z

    [16:35 CEST 23-06] EUROPE – The European Fund and Asset Management Association (EFAMA) has unveiled a new classification for investment fund which it hopes will cope with the growth of evolving fund strategies by categorises funds based on their underlying portfolio structure and holdings.

  • News

    Dutch fund seeks European high yield

    2008-06-23T12:45:00Z

    13:45 CEST 23-06] NETHERLANDS – A Dutch pension fund has announced it is searching an active Euro high yield manager for an $80m (€52m) pan-Europe debt mandate, using IPE-Quest.

  • News

    Euro-equities hit popularity low with institutions

    2008-06-19T15:35:00Z

    [16:35 CEST 19-06] GLOBAL – Stagflation fears are driving institutional investors out of equities and bonds into cash, as fund mangers globally have their most negative stance towards equities in a decade, according to investment bank Merrill Lynch.

  • News

    UK 'buy-in' specialist goes overseas (amended)

    2008-06-18T14:20:00Z

    [15:20 CEST 18-06] UK – PensionsFirst, the recently-launched company which claims to completely immunise defined benefit (DB) schemes from risk, is now planning the launch of two separate offices in the US and Japan.

  • News

    Eurizon holds onto Italian pension mandates

    2008-06-17T11:15:00Z

    [12"15 CEST 17-06] ITALY - Eurizon Capital, the asset management business of Intesa Sanpaolo, has secured another mandate from an existing blue-chip clients to manage the Eurofer railway workers' scheme, at the same time as holding on the fixed-income portfolio it runs for Fonchim, the Italian chemical workers' pension scheme.

  • News

    Rights issue protagonist quits UBS

    2008-06-16T15:50:00Z

    [16:50 CEST 16-06] SWITZERLAND – Swiss pension fund Profond has sold its shares in Swiss bank UBS citing “mistrust” in the new management, just months after arguing smaller shareholders should be allowed to invest in the firm.

  • News

    Merseyside tenders European equities mandate

    2008-06-16T15:20:00Z

    [16:20 CEST 16-06] UK – The £4.3bn (€5.5bn) Merseyside Pension Scheme is seeking an European equity manager to run a portfolio valued at approximately £135m.