Markets – Page 252
-
News
Surrey switches to specialist managers
UK - The 1.2 billion pounds Surrey County Council has appointed Schroders Investment Management and boutiques Majedie Investments and Mirabaud Investment Managers as managers for its equities portfolio as it prepares to switch to specialist management.
-
News
Deutsche names Parker head of asset management
GLOBAL – Deutsche Bank has named Kevin Parker as the member of its executive committee with responsibility for asset management, replacing Tom Hughes.
-
News
Japan's pension manager DLIBJ in Europe push
DENMARK - Japanese pension fund manager DLIBJ Asset Management, which claims to be the largest Japanese asset manager, has raised its European profile with a sub-advisory brief from SEB Asset Management.
-
News
Mothercare ousts managers in revamp
UK - The pension fund of retailer Mothercare has sacked Merrill Lynch Investment Managers, Societe Generale Asset Management and Legal & General Investment Management after an actuarial valuation.
-
News
Robeco names Vriezen’s replacements
NETHERLANDS – Robeco, the asset management arm of Rabobank, has named Edith Siermann and Mark van der Kroft to replace chief investment officer Marnix Vreizen, who resigned last week.
-
News
Goldman Sachs AM gains E8.9bn in AUM
GLOBAL – Assets under management at Goldman Sachs’ asset management arm rose 11 billion dollars (8.9 billion euros) in the third quarter – largely reflecting inflows into alternative investments, money markets and fixed income.
-
News
IPE-QUEST: Danish funds tender at least E140m
DENMARK – Two Danish pension funds have tendered at least 70 million euros each in global equities via IPE-Quest.
-
News
PKA awards E81m Japanese brief to SSGA
DENMARK - The 9.7 billion-euro Danish administration company for occupational pension funds Pensionskassernes Administration has awarded State Street Global Advisors a 100 million-dollar (81.7 million-euro) active Japanese equity mandate.
-
News
Swiss social fund names CL exec as controller
SWITZERLAND- The Swiss Social Security Compensation Pension Fund AHV has hired Bettina Viedma of Credit Lyonnais Securities as its new investment controller.
-
News
ABP equities chief Straatman gains fixed income
NETHERLANDS – ABP Investments, the asset management arm of Europe’s largest pension fund, has rotated the responsibilities of its board of directors – with equities chief Jan Straatman also gaining responsibility for fixed income.
-
News
Spain’s Zapatero signals confidence in PAYG
SPAIN - The Spanish prime minister, José Luis Zapatero, has announced an increase in state pension payments in a sign of his confidence in the public pay-as-you-go system.
-
News
IPE-QUEST: German fund tenders global equities
GERMANY- Swiss Consultant Kottmann Advisory is looking for a manager for an actively managed growth oriented large-cap global equity brief on behalf of a German pension fund.
-
News
Schroders loses out to Muzinch at Hoover
UK - The pension scheme of domestic appliance maker Hoover has awarded its first international cross-over corporate bond mandate worth 18 million pounds (26.5 million euros) to Muzinich – resulting in a loss for Schroders.
-
News
France: BNP, Dexia vie for top SRI slot - report
FRANCE - BNP Paribas and Dexia are vying for first place in the French socially responsible investing market, consulting firm Novethic said.
-
News
Inarcassa names Di Grazia as general manager
ITALY – Inarcassa, the 2.3 billion-euro association which provides pensions for self-employed engineers and architects, has named Alfio Di Grazia as general manager.
-
News
Northern boosts European transition management
EUROPE - Northern Trust Global Investments says it has former Instinet executive Simon Hutchinson as strategist for transition management in Europe.
-
News
ING named as manager fired by SFN (Update)
(Updates with name of manager) NETHERLANDS - Stichting Flexibel Uittreden Nutsbedrijven, the 348 million-euro fund for the Dutch utility sector, has withdrawn a 175 million-euro balanced mandate from ING Investment Managment and handed it to Barclays Global Investors.
-
News
Fidelity Investments names UK DB MD
UK - Fidelity Investments has named Martin Harris as managing director of UK Defined Benefits reporting to David Stewart, president of the European Institutional Business.
-
News
Former Varma CEO Pitkänen retires
FINLAND - Paavo Pitkänen, the former president and chief executive of Varma Mutual Pension Insurance Co., has retired from the company.
-
News
Austria’s VPK and BVP complete merger
AUSTRIA- The two billion-euro multi-employer Vereinigte Pensionskassen AG, VPK, and the 1.2 billion-euro banking and insurance sector pension fund BVP-Pensionskassen AG have merged.
