Markets – Page 194

  • News

    Fonchim expands manager base on asset growth

    2008-06-16T10:00:00Z

    [11:00 CEST 16-06] ITALY - Fonchim, the Italian chemical workers' pension scheme with more than €1.9bn under management, is looking for new managers for around €550m of assets.

  • News

    Recession and collapsing banks are good – Faber

    2008-06-13T15:15:00Z

    [16:15 CEST 13-06] GLOBAL – Swiss-born investment manager Marc Faber believes the recent turbulence of the capital market are a healthy lesson in teaching investors to be more careful when choosing their investments.

  • News

    Hertfordshire extends global equity portfolio

    2008-06-12T13:00:00Z

    [14:00 CEST 12-06] UK – Hertfordshire County Council pension fund has appointed three new global equity investment managers on a £9.4m (€11.9m) contract, which includes a replacement for Capital International.

  • IPE-Quest: Scandinavian investor goes Latin American
    News

    IPE-Quest: Scandinavian investor goes Latin American

    2008-06-10T15:00:00Z

    [16:00 CEST 10-06] SCANDINAVIA – A Scandinavian institutional investor is looking for managers for a $50m (€35m) Latin America all/large-cap core equity portfolio, using IPE Quest.

  • Shareholder bodies merge activism power
    News

    Shareholder bodies merge activism power

    2008-06-09T15:00:00Z

    [16:00 CEST 09-06] NETHERLANDS – Dutch shareholders associations VEB and NCVB have announced plans to merge operations and operate under the name VEB NCVB.

  • Danish pension fund pursues quest for equity
    News

    Danish pension fund pursues quest for equity

    2008-06-06T15:55:00Z

    [16:55 CEST 06-06] DENMARK – A Danish corporate pension fund is searching for an active investment manager to handle a $70m (€50m) All-Cap Value global equity mandate, using IPE Quest.

  • News

    Devon seeks managers after Capital sacking

    2008-06-03T14:30:00Z

    [15:30 CEST 03-06] UK – Devon County Council has sacked Capital International as one of the asset managers to its £2.19bn (€2.76bn) pension fund and is now searching for new managers to look after three global fixed income and equity mandates.

  • News

    Norway’s oil fund stockpiles European equity

    2008-06-02T15:40:00Z

    [16:40 CEST 02-06] NORWAY – The NOK1.947trn (€245bn) Norwegian Government Pension Fund – Global has confirmed it is close to owning more than 1% of the entire European stock market.

  • News

    ESG push sees AP7 withdraw weapons

    2008-06-02T15:15:00Z

    [16:15 CEST 02-06] SWEDEN – AP7, the Swedish pension fund buffer, is selling its equity stake in 10 companies producing cluster bombs and nuclear weapons, as part of its environmental, social and governance (ESG) negative screening policy.

  • News

    Danske Capital is on equity lookout

    2008-05-30T14:50:00Z

    [15:50 CEST 30-05] DENMARK – Danske Capital is conducting a search for a global value equity manager for a $200m (€129m) mandate, using IPE Quest.

  • News

    ERAFP shifts away from bonds

    2008-05-28T13:30:00Z

    [14:30 CEST 28-05] FRANCE – The €4.8bn French civil service supplementary pension scheme ERAFP is looking for asset managers to take on €1.2bn in international equities and euro-denominated fixed income mandates.

  • News

    Merseyside seeks UK 130/30 managers

    2008-05-21T15:55:00Z

    [16:55 CEST 21-05] UK – Wirral Borough Council is seeking managers to run up to five unconstrained UK equity portfolios, including 130/30 funds, for the £4.3bn (€5.36bn) Merseyside Pension Fund.

  • News

    IPE-Quest: German fund seeks convertible bonds

    2008-05-21T15:15:00Z

    [16:15 CEST 21-05] GERMANY – A German pension fund is looking for managers for a €50m European convertible bonds mandate, using IPE-Quest.

  • News

    UBS disposes of subprime-related embarrassment

    2008-05-21T14:30:00Z

    [15:30 CEST 21-05] SWITZERLAND - Swiss bank UBS has sold $15bn (€9.7bn) worth of US residential mortgage-backed securities to a newly created distressed asset fund.

  • News

    North Yorks pension moves into property (amended)

    2008-05-20T15:00:00Z

    [16:00 CEST 20-05] UK – The £1.2bn (€1.5bn) North Yorkshire County Council pension fund is adjusting its asset allocation and moving into real estate investment, as well as searching for an overseas equity manager.

  • Leicestershire to move out of gilts
    News

    Leicestershire to move out of gilts

    2008-05-19T15:30:00Z

    [16:30 CEST 19-05] UK – Leicestershire County Council’s pension fund management board is following the recommendation of its investment consultant and increasing its total returns strategy by moving out of government bonds.

  • News

    TAA in Q1 disappoints Swiss funds

    2008-05-08T10:45:00Z

    [11:45 CEST 08-05] SWITZERLAND – Half of Swiss pension funds made tactical adjustments to their asset allocation in the first quarter but were disappointed by the results, Swiss consultant Lusenti has found.

  • News

    CMSA moves to dissuade against CMBS rating 'symbols'

    2008-05-02T15:40:00Z

    [16:40 CEST 02-05] GLOBAL – The US-based Commercial Mortgage Securities Association (CMSA) has criticised proposals from the International Organisation of Securities Commission (IOSCO) to create a separate ratings regime for mortgage-backed securities (MBS) as “adding to investor confusion”.

  • News

    Hungary fond of foreign equity despite losses

    2008-05-01T15:45:00Z

    [15:45 CEST 01-05] HUNGARY – Hungarian pension funds saw their assets drop by 8.1% in the first quarter of this year to HUF1,856bn (€7.34bn), according to Bamosz, the association of Hungarian investment fund and asset management companies.

  • PPF seeks bonds manager
    News

    PPF seeks bonds manager

    2008-04-29T15:35:00Z

    [16:35 CEST 29-04] UK – The board of the £1.4bn (€1.75bn) Pension Protection Fund is looking to hire an asset manager to look after one-third of its global bonds asset allocation.