Markets – Page 247
-
News
UK councils tender bonds, equities and property
UK - Northamptonshire, Essex and North Yorkshire County Councils have put out requests for tenders for equity, bond and real estate portfolios worth a total of more than £500m (€715.5m).
-
News
IPE-QUEST: Dutch fund tenders high-yield debt
NETHERLANDS – A Dutch pension fund has started a search for a manager for a €150m pan-European high yield debt mandate via IPE–Quest.
-
News
Italy’s Priamo opts for domestic asset managers
ITALY – The Italian pension fund for public transport workers, Fondo Pensione Priamo, has chosen its asset managers – all of whom are Italian.
-
News
IPE-QUEST: Danish scheme tenders equities
DENMARK – A Danish pension fund has tendered two European equity mandates worth a combined €75m via IPE-Quest.
-
News
AXA IM Italia names advisory manager
ITALY - AXA IM Italia, the Milan-based office of AXA Investment Managers, has appointed a new institutional advisory manager to look after its institutional business.
-
News
KBCAM Ireland appoints new equities head
IRELAND – KBC Asset Management (KBCAM) has appointed Geoffrey Randells to the new position of head of equities.
-
News
Irish reserve fund avoids bonds in tactical move
IRELAND – The National Pension Reserve Fund remained underweight its benchmark bond holding last year as a result of a “tactical decision” not to commit to bonds in the current interest rate situation.
-
News
European schemes eye equities – ABN Amro
EUROPE - Pension funds and insurance companies may increase their exposure to European equities amid a less pronounced asset liability risk view, ABN Amro says.
-
News
MTS reports strong trading growth in 2004
EUROPE – Overall trading volumes of the MTS Group, Europe’s premier electronic fixed income market, hit €17 trillion in the period January to November, up 9% on the same period in 2003.
-
News
‘Weakness’ found in Swiss fund
SWITZERLAND – An investigation into the management of the Basle City council employees’ pension fund, the PKBS, has highlighted “weaknesses in organisation” and “ lack of professionalism”.
-
News
Boal defection delivers further BIAM blow
IRELAND – The departure of Bank of Ireland Asset Management UK head David Boal to join five previous defectors to Perpetual Trustees has prompted speculation about its future path.
-
News
UK institutions exit gilts – statistics office
UK – Institutional investors’ net investment in UK government sterling securities, or gilts, fell by £7.8bn (E11.1bn) in the third quarter, according to the Office for National Statistics.
-
News
Morley Fund Management unveils Polish hedge fund
POLAND - Morley Fund Management says it will launch its first hedge fund managed and invested in Poland.
-
News
JP Morgan Fleming institutional head White quits
UK - The head of international institutional business at JP Morgan Fleming Asset Management, Mark White, has left the company after 28 years to “pursue external opportunities”.
-
News
BIAM names global equities director
EUROPE - Bank of Ireland Asset Management has named Morgan Stanley Investment Management’s Paul Boyne as a director with global equities responsibility.
-
News
Morgan Stanley adds $22bn in institutional assets
GLOBAL – Morgan Stanley Investment Management gained $22bn (E16.5bn) in institutional assets in the fourth quarter – taking total institutional AUM to $222bn.
-
News
AP3 changes mandate structure for US equities
SWEDEN - The 152 billion-crown (17 billion-euro) Third Swedish National Pension Fund, Tredje AP-fonden or AP3, has divided its 15 billion-crown US equity portfolio into three market-cap brackets.
-
News
Metzler in German institutional asset boost
GERMANY - Citing robust investor demand for so-called “master funds,” Germany’s Metzler Asset Management says its institutional assets under management (AUM) have increased by almost one-third this year.
-
News
Fortis Bank appoints new global head equity finance
NETHERLANDS – Dutch bank insurer Fortis Bank has appointed Andrew Stuart as global head equity finance sales in London.
-
News
Northern Trust: ‘bond fundamentals remain strong’
UNITED STATES – Chicago-based banking giant Northern Trust sounded an upbeat note on the bond market, saying fundamental averages of bonds remained “strong”.
