Markets – Page 204

  • News

    UK pest controller taps Standard Life

    2007-10-10T14:53:00Z

    [15:53 CEST 10-10] UK – The £587m (€847m) pension fund of pest control firm Rentokil Initial has awarded Standard Life Investments (SLI) with a £340m UK corporate bond mandate, in a massive shift into bond investments.

  • News

    'Riot point' may take time to disperse - State Street

    2007-10-08T15:00:00Z

    [16:00 CEST 08-10] GLOBAL – State Street Global Markets is predicting investment markets will continue to be turbulent in the coming months as recent stabilising action of the US Federal Reserve appears at odds with other central banks.

  • News

    IPE-QUEST: €25m global equity mandate

    2007-10-04T15:12:00Z

    [16:15 CEST 04-10] GLOBAL – An Australian multi-manager is looking for an active global developed markets manager using IPE-Quest.

  • News

    IPE-QUEST: $50m UK large cap equity mandate

    2007-10-03T11:48:00Z

    [12:00 CEST 03-10] UK – A private bank based in the UK is looking for a manager for a domestic active large cap core mandate using IPE Quest.

  • News

    IPE Quest: Swiss manager seeks US equity

    2007-09-28T15:45:00Z

    [16:45 CEST 28-09] SWITZERLAND – A Swiss institutional investor is looking to hire an investment house to actively-manage a $150m (€100m) US equity mandate, using IPE-Quest.

  • News

    ABP considers move into age-based investment

    2007-09-27T15:00:00Z

    [16:00 CEST 27-09] NETHERLANDS – ABP, the €215bn Dutch pension fund giant, is looking at the possibility of moving into age-related investments, according to chief investment officer Roderick Munsters.

  • News

    Norway Petroleum to up equities by 50%

    2007-09-27T13:30:00Z

    [14:30 CEST 27-09] NORWAY - The Norwegian petroleum fund will increase its equity allocation from 40% to 60%, according to its executive director Knut Kjaer.

  • News

    IPE-Quest: Dutch fund seeks Euro equities

    2007-09-27T12:45:00Z

    [13:45 CEST 27-09] NETHERLANDS – A Dutch corporate pension fund is seeking a pan-European equities manager for a $70m-150m (€50m-105m) mandate, using IPE-Quest.

  • News

    IPE Quest: German fund seeks TAA and debt

    2007-09-27T11:45:00Z

    [12:45 CEST 27-09] EUROPE – A German fiduciary manager is tendering two European tactical asset allocation (TAA) and fixed income investment mandates on behalf of a German pension fund (CTA), using IPE Quest.

  • News

    Northern Rock faces class action scrutiny

    2007-09-25T15:00:00Z

    [16:00 CEST 25-09] UK – FTSE 100-listed company Northern Rock could yet be the subject of a shareholder class action suit over the management’s reactions to its financing position in the August credit crunch.

  • News

    IPE-QUEST: Danske seeks biotech manager

    2007-09-24T11:45:00Z

    [12:45 CEST 24-09] DENMARK – The Danish asset manager Dankse Capital is searching for an active equity manager on two long-only global mandates run against Nasdaq Biotech and MSCI Healthcare indices respectively.

  • News

    Pension funds feel confidence blow on ratings

    2007-09-21T15:30:00Z

    [16:30 CEST 21-09] GLOBAL - Market developments on the back of the credit crunch have shaken pension funds and institutional investors’ confidence in credit ratings agencies, suggests a study by US consultancy Greenwich Associates.

  • News

    Credit turmoil fails to dent equities appetite

    2007-09-20T10:30:00Z

    [11:30 CEST 20-09] GLOBAL – Risk aversion has risen sharply on the back of turmoil in credit markets yet fund managers have failed to radically shift their portfolios, according to Merrill Lynch.

  • News

    AP7 reviews quant index fund and manager

    2007-09-19T14:52:00Z

    [16:45 CEST 19-09] SWEDEN – In a push for diversification, the Swedish AP7 buffer fund has rearranged its quantitative index fund, while reviewing the position of State Street Global Advisors (SSGA) as its investment manager.

  • News

    Lothian fund to discuss arms divestment

    2007-09-18T13:00:00Z

    [14:00 CEST 18-09] UK – The Lothian pension fund, the retirement scheme for the city of Edinburgh, will discuss possible divestments from arms companies following a motion put forward by one of its councillors.

  • News

    Northern Trust secures Italian tax concession

    2007-09-17T15:30:00Z

    [16:15 CEST 17-09] ITALY - Global custody and investment house Northern Trust has been granted a landmark Italian withholding tax ruling which will see one of its multinational clients’ funds pay lower dividends on equities.

  • News

    Swansea goes specialist

    2007-09-14T13:00:00Z

    [14:00 CEST 14-09] UK – The £900m (€1.3bn) City and County of Swansea pension fund is looking for up to 12 specialist managers, including hedge fund and private equity specialists, to manage some of its assets.

  • News

    PGGM takes on Citi's emerging market credit risk

    2007-09-14T12:30:00Z

    [13:30 CEST 14-09] NETHERLANDS/UK – Major Dutch pension fund PGGM said today it has agreed to take on part of the risk of financial group Citi’s portfolio of emerging market credit exposures.

  • News

    Hertfordshire issues global equities tender

    2007-09-13T14:57:00Z

    [13:00 CEST 13-09] UK – The £2bn (€3bn) Hertfordshire County Council pension fund is seeking to change its equity weighting by issuing a new £200m global mandate tender.

  • News

    Mercer to offer diversified growth fund

    2007-09-13T12:00:00Z

    [13:00 CEST 13-09] EUROPE – Mercer is to launch its diversified alpha fund (DAF), its first fund under the new brand. The group was known as Mercer Global Investments until earlier this week.