Markets – Page 208
-
News
Northern Rock faces class action scrutiny
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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.
-
News
Market changed public pensions' strategies - Fidelity
[11:00 CEST 13-09] UK- Recent stock market turbulence may have persuaded local authority pension funds to shift more asset allocation into alternatives, suggests a survey by Fidelity International.
-
News
Large managers disappoint French funds
[16:30 CEST 12-09] FRANCE – Large asset management companies lost credibility with French pension funds during the sub-prime lending crisis, according to a study.
-
News
IPE-QUEST: Swiss bond and equity mandates
[11:00 CEST 12-09] SWITZERLAND - Swiss pension funds are looking for investment managers to handle high yield bond and global equity mandates, using IPE-Quest.
-
News
Fortis hires CSR experts
[15:30 CEST 06-09] GLOBAL – Banking and insurance group Fortis has created a corporate social responsibility (CSR) advisory board made up of seven international experts.
-
News
Austrian funds defend performance
[16:15 CEST 03-09] AUSTRIA – Pensionskassen should have put more money into equities last year in order to get better results, consulting firm Mercer has suggested.
-
News
Review delivers SLI higher Pensions Trust
[11:00 CEST 29-08] UK – Standard Life Investments has been awarded an expanded remit to manage fixed income investments for the Pensions Trust.
-
News
Nordic pension funds predict alternatives outsourcing
[15:00 CEST 28-08] EUROPE – Nordic pension funds increasingly expect to outsource the management of alternative investments to third parties but some local investments may move more in-house, according to a study conducted by Kirstein Finansrådgivning.
-
News
Lower correlation eyed as Irish funding holds
[13:00 CEST 24-08] EUROPE – Irish pension funds have proved go be more resilient to recent market turmoil than anticipated, research has revealed.
-
News
Final deal agreed on Greek scandal bond
[13:00 CEST 24-08] GREECE – Four Greek state pension funds have reached a final buy-back agreement with US investment bank JP Morgan and hedge fund North Asset Management to reverse a disputed bond deal.
