Markets – Page 205

  • News

    AP7 to seek new tenders as Carnegie wins equity deal

    2007-06-12T12:17:00Z

    [13:17 CEST 12-06] SWEDEN - AP7, the Swedish national fund for the PPM first pillar pension system, has appointed Stockholm-based Carnegie for a second pure alpha equity overlay mandate and will soon seek additional managers in the Asian and passive sectors.

  • News

    The Pensions Trust makes a £200m bond with RLAM

    2007-06-11T14:56:57Z

    [15:57 CEST 11/06] UK - Royal London Asset Management (RLAM) has won a mandate to manage £212million (€312.5m) in fixed income securities for The Pensions Trust.

  • News

    Greek intervention bonds JP Morgan deal

    2007-06-11T14:56:06Z

    [15:56 CEST 11/06] GREECE – JP Morgan and the four pension funds involved in the disputed bond deal have reached a buy-back agreement.

  • News

    IPE QUEST: Lærernes in Japan search

    2007-06-11T14:50:51Z

    [15:50 CEST 11/06] DENMARK – The DKK24.5bn (€3.3bn) Danish Teachers' Pension and Life (Lærernes Pension) is looking for a Japanese equities manager using IPE-QUEST.

  • News

    Greek government steps in to rescue bond deal

    2007-06-08T15:58:25Z

    [16:58 CEST 08/06] GREECE/UK – JPMorgan has re-opened its offer until 5pm GMT today to repurchase the scandal-struck Greek structured bonds after the Greek government intervened to save yesterday’s rejected deal.

  • News

    Greek funds reject JP Morgan bond offer

    2007-06-07T15:56:42Z

    [16:56 CEST 07/06] GREECE/UK – Greek pension funds have rejected the offer by JP Morgan and hedge fund North Asset Management to repurchase a Greek government structured bond, branded dubious by ministers.

  • News

    IPE-QUEST: $20m Swiss emerging markets mandate

    2007-06-06T16:17:33Z

    [17:16 CEST 06/06] SWITZERLAND – A Swiss pension fund is looking for a manager for a $20m (€15m) active global emerging markets equity portfolio.

  • News

    Kent appoints UK equity manager

    2007-06-06T16:05:04Z

    [17:04 CEST 06/06] UK – The £2.4bn (€3.6bn) Kent County Council Superannuation Scheme has finalised the restructuring of its UK equities portfolio by naming Invesco Perpetual.

  • News

    Co-operative fund on diversification streak

    2007-06-05T15:28:35Z

    [16:28 CEST 05/06] UK - The new £5.5bn career average Co-operative Group Pension Scheme is adjusting its equity/bond split in favour of diversification into currency, commodities and infrastructure.

  • News

    BidRoute launches to improve the buy route

    2007-06-05T15:26:48Z

    [16:26 CEST 05/06] EUROPE - A new trading platform for asset managers, which has the potential to break the stranglehold of the top brokerage firms for portfolio trades, could dramatically improve the quality of trading data fund managers present to clients.

  • News

    IPE-QUEST: $50m Eastern Europe mandate in Denmark

    2007-06-05T09:50:35Z

    [10:50 CEST 05/06] DENMARK/GERMANY – A Danish institutional investor is looking for a manager for an active equity mandate in excess of $50m (€37.1m).

  • News

    Cheshire going all active in bonds

    2007-06-04T15:56:40Z

    16:56 CEST 04/06] UK – The £2.3bn (€3.4bn) Cheshire County Council pension fund is tendering a £330m active bond mandate.

  • News

    Russia models new welfare fund on Norway

    2007-06-04T09:46:53Z

    [10:46 CEST 04/06] RUSSIA – Up to €8bn of the soon-to -be-created Russian National Welfare Fund will be invested in the stock market, finance minister Alexei Kudrin has announced.

  • News

    Greek pension reform 'urgent' - OECD

    2007-05-31T12:16:20Z

    [13:16 CEST 31/05] GREECE – Pension expenditure is set to grow to one-fifth of Greece's GDP by 2050, the OECD warns.

  • News

    Artists' funds choose Schroders

    2007-05-30T16:04:14Z

    NETHERLANDS – Kunst & Cultuur, the life insurer managing the €400m assets of the five Dutch art and cultural pension funds, has tapped Schroders for an €82m equity mandate.

  • News

    JPMorgan offers Greek pension funds pay-back

    2007-05-25T16:00:32Z

    [17:00 CEST] GREECE – JPMorgan has signed an agreement with London-based hedge fund North Asset Management to repurchase €280m in structured bonds sold to Greek investors.

  • News

    Dutch schemes unfazed by high yield worries

    2007-05-24T09:58:21Z

    [10:58 CEST 24/05] NETHERLANDS - Dutch pension funds aren’t worried yet about gloomy predictions on the future of high yield corporate fixed income investments, they have made clear.

  • News

    Horeca sacks disappointing F&C

    2007-05-23T15:48:00Z

    [16:48 CEST 23/05] NETHERLANDS – Horeca, the €2.7bn industry-wide fund for the Dutch hotel and catering sector, has replaced F&C on two mandates because the asset manager’s performance did “not meet expectations”.

  • News

    United Norwest seeks multi-asset returns via Barings

    2007-05-23T11:56:13Z

    [12:56 CEST 23/05] UK- The United Norwest Co-operatives Employees’ Pension Fund has handed Baring Asset Management a mandate to manage £23m through its Extended Risk Fund.

  • News

    Leicestershire chooses hedge funds manager

    2007-05-23T10:00:46Z

    [11:00 CEST 23/05] UK – The £1.9bn (€2.8bn) Leicestershire County Council pension fund found a manager for a £105m targeted return mandate.