Markets – Page 202
-
News
Devon seeks managers after Capital sacking
[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
[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
[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
[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
[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
[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
[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
[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)
[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.
-
NewsLeicestershire to move out of gilts
[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
[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'
[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
[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.
-
NewsPPF seeks bonds manager
[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.
-
News
UK mineworkers sack UBS
[16:00 CEST 28-04] UK – The £14.8bn (€18.9bn) UK Mineworkers’ Pension Scheme has terminated its £1.3bn global equity mandate with UBS Global Asset Management, and replaced it with two new managers.
-
News
UK schemes’ pooled equity sees biggest quarterly drop
[15:30 CEST 28-04] UK – Weightings to UK equity in domestic balanced pooled funds fell to an all-time low of 41.5% during the first quarter of this year, according to BNY Mellon Asset Servicing.
-
News
French FRR to renew European equities mandates
[15:55 CEST 21-04] FRANCE – The €34.5bn French national pension reserve fund FRR says it has launched a request for proposals to renew a portion of its mandates invested in European equities.
-
News
HSBC announces team for new Austrian operation
[16:10 CEST 21-04] AUSTRIA – HSBC Investments is setting up shop in Austria's capital Vienna under former DWS sales head Franz Bartmann.
-
News
Demand for SRI continues in financial crisis
[16:50 CEST 17-04] AUSTRIA – Despite some stocks in the alternative energy sector having suffered severely in the market turbulences Austrian investors stick to sustainability, explains Martin Cech, manager at Austrian SRI asset manager Vinis.
-
News
Oxford reviews TAA after poor performance
[16:00 CEST 09-04] UK – Oxfordshire County Council pension fund is to review its Tactical Asset Allocation(TAA) strategy, managed by UBS, and has asked the fund manager about the possibility of returning £575,000 (€720,820) in performance fees after performance "deteriorated".
