Markets – Page 197

  • News

    German CTA to award €350m TAA mandate

    2008-07-22T15:10:00Z

    [16:10 CEST 22-07] GERMANY – A fiduciary manager in Germany acting on behalf of a German pension fund is looking for managers for a €350m tactical asset allocation (TAA) mandate, using IPE-Quest.

  • News

    Cambridgeshire goes passive

    2008-07-21T10:32:00Z

    [12:35 CEST 21-07] UK – The £1.4bn (€1.8bn) pension fund of UK local authority Cambridgeshire county council has awarded a £140m passive equity mandate to State Street Global Advisors (SSgA).

  • Buckinghamshire seeks three new managers
    News

    Buckinghamshire seeks three new managers

    2008-07-16T14:41:00Z

    [15:41 CEST 16-07] UK – Buckinghamshire County Council is searching for three new investment managers for its pension scheme, with the mandates valued up to £325m (€408m).

  • 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.