Markets – Page 205

  • News

    IPE-Quest: Large cap value required

    2008-01-08T12:00:00Z

    [13:00 CET 08-01] EUROPE – An investment company based in continental Europe seeks an equity large cap value manager for a $50m mandate, using IPE Quest.

  • News

    SWIP forays into FoFs

    2008-01-07T15:55:00Z

    [16:55 CET 07-01] UK – Scottish Widows Investment Partnership (SWIP) has launched two absolute return funds, making its first foray into the UK fund-of-funds market.

  • News

    Aberdeen emerges as Lothian winner

    2008-01-07T15:40:00Z

    [16:40 CET 07-01] UK – Lloyd George Management has lost the right to manage the Lothian Pension fund’s emerging markets equity mandate, worth around £160m (€214.4m), to the benefit of Aberdeen Asset Management.

  • News

    ERAFP courts advice for diversification push

    2008-01-04T14:00:00Z

    [15:00 CET 04-01] FRANCE – The €4.8bn French public service additional pension scheme, ERAFP is looking to hire a new investment consultant in its push for greater diversification.

  • News

    Unison awards SRI mandate

    2007-12-19T14:00:00Z

    [15:00 CET 19-12] UK - Unison's Staff Pension Scheme has awarded its £140m (€195m) socially responsible investment equity portfolio mandate to Standard Life Investments.

  • News

    CalPERS pursues infrastructure and private equity

    2007-12-19T11:30:00Z

    [12:30 CET 19-12] US - The California Public Employees Retirement System (CalPERS) has adopted a new asset allocation mix which will see $29bn shift out of bonds and equities to finance increased investment in private equity, infrastructure and real estate.

  • News

    Hungarian funds increase equity exposure

    2007-12-19T11:00:00Z

    [13:00 CET 19-12] HUNGARY – Pension funds will start to double equity exposure in some portfolios from January in anticipation of new regulation.

  • News

    Pension funds negotiate investment rules

    2007-12-17T15:30:00Z

    [16:30 CET 17-12] BULGARIA – The association of Bulgarian pension management companies (BASPC) has called on the government to lift the cap on mandatory pension schemes’ investment in equities and argued schemes should be allowed to participate in IPOs.

  • News

    PBU targets Suzuki and Siemens on Burmese action

    2007-12-17T14:45:00Z

    [15:45 CET 17-12] DENMARK - Pædagogernes Pensionskasse (PBU), the Danish pension fund for education practitioners, is engaging with five companies operating in Burma about its concerns over ethical matters.

  • News

    Empower supervisory boards, say top economists

    2007-12-13T15:00:00Z

    NETHERLANDS - Supervisory boards should be given more power to deal with activist shareholders and private equity players, in order to avoid negative effects on a company’s long-term value, Dutch economists have claimed.

  • News

    IPE-QUEST: Pension fund seeks emerging market debt

    2007-12-12T15:40:00Z

    [16:40 CET 12-12] EUROPE – A European industry-wide pension fund has said it is looking for managers for a $200m (€136m) global emerging market debt mandate.

  • News

    Fitch says credit crunch suffered under 'reactive' systems

    2007-12-12T15:30:00Z

    [16:30 CET 12-12] GLOBAL – Ratings agency Fitch has suggested investment houses with outdated risk management processes saw the worst of recent volatility and pricing uncertainty in the credit markets.

  • News

    DG queries 'acting in concert' perception

    2007-12-11T16:00:00Z

    [17:00 CET 11-12] EUROPE – Members States may be forced to rethink the recent introduction of 'acting in concert' corporate governance rules as European Commissioner Charley McCreevy has suggested some governments could be seen to hamper "legitimate" shareholder "collaboration".

  • News

    AP4 signs first of new Asian mandates

    2007-12-11T14:00:00Z

    [15:00 CET 11-12] SWEDEN – Fjärde AP-fonden, the fourth Swedish buffer fund, has mandated BlackRock to manage a Pacific equities index portfolio, as part of a wider plan for its Pacific-based stocks.

  • News

    ATP acts to hedge inflation

    2007-12-07T16:05:00Z

    [17:05 CET 07-12] DENMARK - Denmark’s huge labour market pension fund ATP has been steadily increasing its exposure to the oil market and other investment sectors that will do well under conditions of higher inflation.

  • News

    Merseyside looks set to drop BGI mandate

    2007-12-05T14:30:00Z

    [15:30 CET 05-12] UK – Barclays Global Investors could lose the contract to manage a UK equities mandate for the Merseyside pension fund, following a review of the local government scheme’s asset allocation strategy.

  • News

    Aberdeen pushes into Austria

    2007-12-05T13:00:00Z

    [14:00 CET 05-12] AUSTRIA – Aberdeen Asset Managers is in discussions with a handful of Austrian institutional investors as part of an effort to expand its business to Austria, according to Hartmut Leser, Aberdeen's German head.

  • News

    IPE-QUEST: Dutch fund eyes EM and commodities

    2007-11-29T12:00:00Z

    [13:00 CET 29-11] NETHERLANDS – A Dutch industry-wide pension fund has placed two IPE-Quest searches, the first of which is for an active manager for a $125m (€85m) global emerging markets equity mandate.

  • News

    Dutch state maintains index-linked bonds line

    2007-11-28T14:30:00Z

    NETHERLANDS - The Dutch Finance minister Wouter Bos he has reiterated he is not considering the issuance of index-linked bonds.

  • News

    Environment Agency PF to update global equity

    2007-11-28T13:00:00Z

    [14:00 CET 28-11] UK – The Environment Agency’s pension fund is reviewing its existing global equity arrangements and creating a new mandate which requires asset managers display strong ESG credentials, in line with its SRI philosophy.