Markets – Page 206

  • News

    IPE-QUEST: Up to €74m for European equity

    2007-05-21T12:16:04Z

    [13:15 CEST 21/05] GERMANY – A German corporate pension fund is looking for a manager for a $50-100m (to €74m) European equity mandate using IPE-QUEST.

  • News

    Employee power "creates pension fund conflict"

    2007-05-18T15:52:47Z

    [16:52 CEST 18/05] SWEDEN – The governance structure of institutions potentially causes a conflict of interest between pensioners and active employees, says Peter Lindblad, managing director of Stockholm-based FPG-AMFK Pensionsgaranti.

  • News

    Eureko sale latest blow for F&C

    2007-05-18T12:07:38Z

    [13:07 CEST 18/05] NETHERLANDS/UK – Dutch insurance giant Eureko is selling some of its shares in F&C Asset Management to finance a push into Central Europe and Turkey, the company has announced.

  • News

    Bedfordshire awards £125m mandate

    2007-05-17T09:55:27Z

    [10:55 CEST 17/05] UK – The £1.07bn (€1.56bn) Bedfordshire County Council pension fund has found a manager for an additional passive equities mandate.

  • News

    Replace SRI with sustainable approach - Watson Wyatt

    2007-05-15T15:45:52Z

    [16:45 CEST 15/05] UK – Pension fund managers may be able to meet their fiduciary duty and engage with companies on environmental, social and corporate governance (ESG) issues if they opt for sustainable investment strategies, suggests Watson Wyatt.

  • News

    Belgian funds seeks global equity managers

    2007-05-11T16:04:14Z

    [17:04 CEST 11/05] BELGIUM – Pensioenfonds UZ Gent VZW, the pension fund for employees of the university hospital in Ghent, is looking for two investment managers for a €58m global equity portfolio.

  • News

    DekaBank opens Vienna office

    2007-05-11T16:02:15Z

    [17:02 CEST 11/05] AUSTRIA – German asset manager DekaBank is opening an office in Vienna targeting pension funds in Austria and Eastern Europe.

  • News

    Schroders loses balanced LGPS mandate

    2007-05-08T16:21:02Z

    [17:20 CEST] UK – The £640m (€935m) London Borough of Tower Hamlets Pension Fund has replaced Schroders on a balanced mandate with two specialist managers.

  • News

    DaimlerChrysler plans equities shift

    2007-05-08T10:53:08Z

    [11:53 CEST] GERMANY – The €8.9bn DaimlerChrysler pension scheme is planning to invest €680m in German large cap equities this summer and has hired a consultant to select the appropriate manager.

  • News

    Currency overlay ‘flavour of the month’ at Lincolnshire

    2007-05-04T16:07:30Z

    UK – The £1.1bn (€1.6bn) Lincolnshire County Council Pension Fund is seeking a currency overlay manager for a new £180m mandate.

  • News

    Edinburgh re-appoints State Street

    2007-05-03T15:58:11Z

    UK – Edinburgh Council has renewed State Street Global Advisors' contract for a £113m (€180m) Scottish Homes pension fund mandate.

  • News

    Ealing completes manager review

    2007-05-02T15:30:11Z

    UK – The London Borough of Ealing's £557m (€816.7m) pension fund has replaced UBS and Fidelity with three new managers.

  • News

    AP7 in major portfolio overhaul

    2007-05-02T15:28:31Z

    SWEDEN – In a major revamp of its portfolio the SEK80bn (€8.8bn) Swedish buffer fund AP7, Sjunde AP-fonden, shows more appetite for risk but not for hedge funds.

  • News

    Essex awards £1bn in mandates

    2007-04-30T15:45:57Z

    UK – The £2.6bn (€3.8bn) Essex County Council Pension Fund has awarded a £1bn currency overlay mandate and a £150m unconstrained equity mandate.

  • News

    IPE-QUEST: Dutch fund in EM bond search

    2007-04-26T15:54:32Z

    NETHERLANDS – A Dutch institutional investor is seeking a local emerging markets bond manager for a $100m (€73m) active mandate using IPE-QUEST (QN802).

  • News

    Ciba axes BlackRock

    2007-04-26T15:48:30Z

    UK – The UK pension fund of Swiss pharmaceuticals giant Ciba Speciality Chemicals has axed BlackRock in favour of Insight Investments.

  • News

    Dutch LDI reaches €50bn - Cardano

    2007-04-23T16:06:31Z

    NETHERLANDS – The volume of Dutch pension assets under liability-risk hedging strategies has reached €50bn, according to Cardano Risk Management.

  • News

    Unilever taps JP Morgan for global equities

    2007-04-23T15:56:13Z

    UK – The €5.6bn (£3.8bn) UK pension fund of household goods giant Unilever has appointed JP Morgan’s asset management arm to run a £440m global equities mandate.

  • News

    Greeks to strike over bond scandal

    2007-04-20T16:02:07Z

    GREECE – The largest union in Greece has called a nationwide strike on May 15 in response to government handling of dubious bond purchases by pension funds.

  • News

    Co-head of UK equities at £29bn scheme quits

    2007-04-19T16:00:51Z

    UK – Fraser Slater, co-head of the UK equities team at the £29bn (€43bn) Universities Superannuation Scheme (USS), has left and the fund is looking for replacements.