Markets – Page 204

  • News

    PKA mandates hail 'responsible' focus

    2007-07-03T16:09:05Z

    [17:08 CEST 03-07] DENMARK - Danish occupational pension funds administrator Pensionskassernes Administration (PKA) has hired fund manager Hermes to carry out share-ownership responsibilities for its €3.7bn of non-domestic equity investments, the two parties said.

  • News

    Bolton hits out at market activists

    2007-07-03T16:07:34Z

    [17:07 CEST 03-07] EUROPE - Fidelity Investments has accused some activist shareholders of buying small holdings in companies merely to make short-term gains on the stock market.

  • News

    HSBC bank scheme names new managers

    2007-06-29T16:01:10Z

    [17:01 CEST 29-06] UK – The £10.5bn (€15.6bn) HSBC Bank UK pension scheme has appointed Ashmore and AXA Investment Management in a portfolio revamp.

  • News

    AP4 seeks Asian equities managers

    2007-06-28T16:01:36Z

    [17:01 CEST 28-06] SWEDEN – The fourth buffer fund Fjärde AP-fonden is tendering for management of €1.5bn in Japanese and Pacific equities.

  • News

    IPE-QUEST: Laborfonds adds investment lines

    2007-06-28T15:58:44Z

    [16:58 CEST 28-06] ITALY – The €451m Laborfonds is seeking managers for a guaranteed and an ethical investment line as well as for a European equity mandate, using IPE-Quest.

  • News

    Carnegie looks beyond Nordics

    2007-06-27T16:01:57Z

    DENMARK - Carnegie Asset Management is looking beyond the Nordic region to double assets in its Worldwide Fund from €8bn to €16bn.

  • News

    London & Capital doubles assets

    2007-06-26T15:59:05Z

    GLOBAL – London & Capital reported a rise in assets under management to over $3bn (€2.23bn) from $1.6bn in 2005.

  • News

    SAM promises profit from climate change

    2007-06-26T15:35:15Z

    EUROPE – Pension funds can make money from climate change whether or not man acts to curb its effects, according to a leading sustainability investor.

  • News

    Oyak opens to overseas investment

    2007-06-25T15:25:39Z

    [16:25 CEST 25-06] TURKEY - Oyak, the Turkish Army Pension Fund, is selling its subsidiary Oyak Bank to the Dutch ING Group for $2.67bn (€1.98bn) and opening its investment strategy to energy and foreign assets.

  • News

    IPE-QUEST: $50m hedge fund strategy mandate

    2007-06-25T10:00:25Z

    [11:00 CEST 25-06] EUROPE – A continental European pension fund is looking for an active global equity market neutral manager, using IPE Quest.

  • News

    Merseyside pension begins US search

    2007-06-22T15:22:11Z

    [16:22 CEST 22-06] UK – Merseyside Pension Fund is seeking a passive manager to look after a reformed £320m (€476m) US equity mandate.

  • News

    France opens way for bonds stripping

    2007-06-22T10:00:07Z

    [11:00 CEST 22-06] FRANCE – European pension funds can now invest in French inflation-linked government bonds and reduce exposure to interest rate volatility thanks to the introduction of bond stripping.

  • News

    UN warns of "destabilizing" effect of pension funds

    2007-06-21T16:11:14Z

    [17:11 CEST 21-06] GLOBAL – The United Nations (UN) has voiced concern about the impact growing activity of institutional investors, such as pension funds, might have on economies.

  • News

    VSE looks further east for new indices

    2007-06-19T15:38:10Z

    [16:38 CEST 19-06] AUSTRIA/CEE – The Vienna stock exchange is looking to create new indices for eastern European countries.

  • News

    The Pensions Trust turns Euro focus to Axa Rosenberg

    2007-06-18T15:56:07Z

    [16:56 CEST 18-06] UK - The Pensions Trust has appointed quants specialist Axa Rosenberg to manage a £345m (€510m) European equity mandate.

  • News

    IPE-QUEST: €67m European equities mandate

    2007-06-18T15:55:03Z

    [16:55 CEST 18-06] NORDICS – A Nordic financial institution is tendering a $90m (€67m) active European equities mandate on behalf of a pension fund.

  • News

    Luxembourg FDC appoints 18 managers

    2007-06-18T10:58:11Z

    [11:58 CEST 18-06] LUXEMBOURG – The Fonds de Compensation commun au regime general de pension (FDC) has appointed 18 managers for a total of €3.8bn.

  • News

    Europe needs to clean up its bond act – Louanges

    2007-06-14T15:42:25Z

    [16:42 CEST 14-06] EUROPE – The European Union (EU) and other debt issuers need to agree to make the European bond market easier to trade, argues fixed income manager Pimco.

  • News

    Spain confirms 10% in equities proposal

    2007-06-13T15:42:25Z

    [16:42 CEST 13-06] SPAIN - Spain’s pensions reserve fund is set to put around 10% of its assets into equities, according to Economics Minister Pedro Solbes, though the final conditions for its proposed asset switch will only be agreed in a few months’ time.

  • News

    Spanish reserve fund set to move into equities

    2007-06-12T15:55:11Z

    [16:55 CEST 12-06] SPAIN - The Spanish government has paved the way for the country’s pensions reserve fund to start investing some of its €40bn of assets in equities.