Markets – Page 261
-
News
DeAM names UK business section heads
UK – Deutsche Asset Management, the second largest manager of European pension assets, has named the heads of its seven new “business streams”.
-
News
Enhanced equities tendered via IPE-Quest
UK - A UK investment consultant has tendered a global enhanced equities mandate worth 170 million pounds (253.3 million euros) via IPE-Quest.
-
News
Scandinavian fund tenders high-yield on IPE-Quest
SCANDINAVIA - A Scandinavian pension fund has tendered a high–yield securities mandate worth up to 100 million dollars (78.6 million euros) via IPE-Quest.
-
News
Denmark’s PKA taps SSGA for enhanced US equities
DENMARK – The 9.7 billion-euro pension administration company Pensionskassernes Administration has appointed State Street Global Advisors to run 100 million-dollars (78.6 million-euros) in enhanced US equities.
-
News
DeAM set to unveil heads of UK product teams
UK – Deutsche Asset Management, the second largest manager of European pension assets, is set to unveil the heads of its planned seven new UK investment teams soon.
-
News
Sweden’s AP3 makes total return of 16.2%
SWEDEN – AP3 says its total return in 2003 was 16.2%, taking its value to 142.5 billion crowns (15.5 billion euros).
-
News
SGAM is top French asset manager – survey
FRANCE - Societe Generale Asset Management has ousted CDC Ixis as the top asset manager in France, according to a new survey.
-
News
Dutch funds face curbs to non-core activities
NETHERLANDS – Dutch pension funds are facing restrictions to their non-core activities following comments by social security minister Mark Rutte.
-
News
Devon fund awards E678m to UBS, State Street
UK – The 1.2 billion-pound (1.8 billion-euro) Devon County Council Pension Fund has awarded 230 million-pound index-tracking mandates to both UBS and State Street.
-
News
Threadneedle names Gresser as alternatives head
UK – Threadneedle Investments has named Lorin Gresser as head of its alternative investments business.
-
News
Philips pension fund moves away from equities
NETHERLANDS - The 12.5 billion-euro Dutch pension fund of electronics company Philips is targeting an allocation of 38% equities in 2004 - down from 46% in 2002.
-
News
Citigroup enters global transition management
GLOBAL – Citigroup has launched a global transition management business to be headed by Sharon Egilinsky and Tim Wilkinson.
-
News
InterSec says Swiss pension funds return 9%
SWITZERLAND – Performance measurement firm InterSec says Swiss pension fund portfolios rose nine percent in 2003 and three percent in the fourth quarter.
-
News
Air workers fund Prevaer tenders balanced briefs
ITALY - Airport workers’ industry-wide pension scheme Prevaer has tendered three balanced mandates worth around an expected six million euros each.
-
News
CIOs see 32% rise in hedge fund assets
EUROPE – The chief investment officers at European and US investment managers expect a 32% rise in hedge fund assets under management in the next year, according to a new survey.
-
News
Dutch pension fund tenders E20m via IPE-Quest
NETHERLANDS – A Dutch pension fund has tendered two mandates for pan-European small-cap equities and global high-yield fixed income, worth 10 million euros each, via IPE-Quest.
-
News
AP3 fires Schroders from Japanese equity brief
SWEDEN – AP3 has fired Schroder Investment Management from managing around 200 million euros in Japanese equities - though the UK asset manager will remain in the fund's manager pool.
-
News
ABN Amro sees “major opportunity” in asset mgmt
NETHERLANDS – ABN Amro says it sees a “major opportunity” in investment management, although profits at its asset management unit fell by more than five percent in 2003.
-
News
Finnish pension assets rise to E78.6bn - TELA
FINLAND – Total Finnish pension assets, which includes pension funds, insurance companies and pension foundations, have risen to a total 78.6 billion euros at the end of 2003, from 70.9 billion euros at the end of 2002, the Finnish Pension Alliance, TELA, said.
-
News
Henderson, UBS under scrutiny as Warwick revamps
UK - Warwickshire County Council‘s 660 million-pound (966 million-euro) pension scheme is restructuring - looking for new asset managers and a single global custodian.
