Markets – Page 200

  • News

    NILGOSC adopts unconstrained equity mandates

    2008-08-19T15:50:00Z

    [16:50 CEST 19-08] UK – The Northern Ireland Local Government Officers Superannuation Committee (NILGOSC) has awarded four new unconstrained equity mandates, which includes the appointment of two new managers.

  • News

    £32bn wiped from DB schemes in July - PPF

    2008-08-11T15:55:00Z

    [16:55 CEST 11-08] UK – The total funding position of almost 7,800 defined benefit (DB) pension schemes was reduced by over £32bn (€41bn) in July, according to the Pension Protection Fund (PPF).

  • News

    Allianz increases inflows with help of bonds

    2008-08-07T15:45:00Z

    [16:40 CEST 07-08] EUROPE – German financial group Allianz managed to grow its net inflows in the asset management business to €33bn in the first half of 2008.

  • News

    £864m Devonport scheme taps BlueBay

    2008-08-06T13:45:00Z

    [14:45 CEST 06-08] UK – The £864m (€1.1bn) pension scheme of ship repair company Devonport Royal Dockyard, now part of the Babcock group, has appointed BlueBay to manage a corporate bond mandate.

  • News

    Welsh fund taps Newton for global equities

    2008-08-05T15:40:00Z

    [16:40 CEST 05-08] UK – Rhondda Cynon Taff County Council has awarded Newton Investment Management a £221m (€278m) active global equity mandate.

  • PPF tenders £100m global equity portfolio
    News

    PPF tenders £100m global equity portfolio

    2008-08-04T15:35:00Z

    [16:35 CEST 04-08] UK – The Pension Protection Fund (PPF) is seeking a new global equities manager to run a portfolio expected to reach £100m (€126m) in the first year of the contract.

  • Pension funds 'to trigger corporate CEE bonds'
    News

    Pension funds 'to trigger corporate CEE bonds'

    2008-08-04T14:30:00Z

    [15:30 CEST 04-08] CEE – The growth of funded second pillar systems in Central and Eastern Europe will lead to more and more corporates in the region issuing bonds, analysts from the Austrian Erste Bank group have predicted.

  • News

    PMA keeps cover ratio to 185%

    2008-07-31T14:45:00Z

    [15:45 CEST 31-07] NETHERLANDS - The €1.1bn pension fund for pharmacies’ staff PMA has managed to maintain a cover ratio of approximately 185%, despite experiencing a 23 percentage point drop in the first half of 2008.

  • News

    Cheshire places £130m in high alpha fixed income

    2008-07-29T12:45:00Z

    [13:45 CEST 29-07] UK – The £2.3bn (€2.8bn) Cheshire County Council Pension Fund has awarded three fixed income mandates, including £130m into two high alpha funds managed by Henderson Global Investors.

  • News

    PKZH suspends rebalancing on solvency drop

    2008-07-28T15:30:00Z

    [16:30 CEST 28-07] SWITZERLAND – The CHF14.5bn (€8.9bn) City of Zürich Pension Fund has decided not to make any major changes to its portfolio in light of the credit crisis, even though its funding level has now dropped from 130% in 2007 to an estimated 116% today.

  • News

    Industry-wide fund searches for high-yield gains

    2008-07-25T12:00:00Z

    [13:00 CEST 25-07] EUROPE – An industry-wide continental European pension fund is seeking to hire a global high-yield fixed income provider to manage a $80m (€51m) mandate, using IPE Quest.

  • 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.