Markets – Page 271
-
News
French asset managers increase SRI capability
FRANCE – French investment firms are rapidly expanding their socially responsible investment management capabilities, reveals a study by SRI information provider Novethic and consultant Amadeis
-
News
UK’s BoS restructures e1.73bn pension fund
UK – Edinburgh Fund Managers and Baring Asset Management have lost their mandates for the Bank of Scotland’s 1.2 billion pound (1.73 billion euro) pension scheme as a result of a complete restructuring of the fund.
-
News
ETF trading volumes rise 34%
GLOBAL – The average daily trading volume of exchange-traded funds rose 34% in the first quarter, though assets under management in Europe were flat.
-
News
BGI the leading manager of S&P indexed assets
US - As at the end of 2002, Barclays Global Investors was the leading manager of S&P indexed assets, Standard & Poor’s says.
-
News
Research shows European allocation to private equity ‘too low’
UK - Research showing that asset allocation to private equity of nearly 20% for a pension portfolio that 50% invested in equities is an ‘efficient’ figure has been issued by Standard Life Investments (SLI).
-
News
Top staff leave as e628m Dutch fund closes
NETHERLANDS – Senior staff at Rijswijk-based building group HBG’s pension fund will next month leave for new jobs in the Dutch pensions industry.
-
News
Hackney appoints specialists for e509m scheme
UK – The London Borough of Hackney pension fund has announced the appointment of a series of specialist managers for its 350 million pound (509 million euro) scheme.
-
News
UK managed assets total e2.8trn - IMA
UK – Assets managed in the UK as of end of June 2002 were 1.93 trillion pounds (2.8 trillion euros) according to the latest fund manager survey by the Investment Management Association.
-
News
Northern Trust asset arm wins French mandate
FRANCE/LUXEMBOURG – Northern Trust’s asset management arm, Northern Trust Global Investments, has won its first mandate in the French market.
-
News
Borsa Italiana, S&P to launch Italian index
ITALY – The Borsa Italiana and Standard and Poor’s are joining together to launch an index that will become the main indicator for the Italian equities market.
-
News
CSAM names DiMaio as head of alternatives
GLOBAL – Credit Suisse has named Jack DiMaio as chief executive of alternative investments at its Credit Suisse Asset Management division.
-
News
IAPF sees directive leading to a ‘wall of money’
NETHERLANDS - The head of the Irish Association of Pension Funds says he expects a "wall of money" to enter the equity market as a result of the Pension Funds Directive.
-
News
French reserve fund to allocate 55% to equities
FRANCE – Francis Mayer, head of the 13 billion euro French reserve fund, has confirmed that 55% of the fund will be allocated to investments in equities and 45% to fixed interest securities.
-
News
Germany must back pension reform – Allianz
GERMANY – Life insurer Allianz Lebensversicherungs has called for the German federal government to get behind its private pension reform.
-
News
F&C poaches Grainger from Gartmore
UK – F&C Management has appointed Gartmore’s Paul Grainger as director of UK sovereign bonds.
-
News
AP2 re-tenders e759m Swedish equity mandates
SWEDEN – Andra AP-fonden, the second Swedish national pension fund, is re-tendering three Swedish equity mandates totalling up to seven billion Swedish crowns (759 million euros).
-
News
Scandinavian fund in $50m mandate via IPE-Quest
EUROPE – A Scandinavian pension fund is seeking a manager or managers for 50 million dollars in European equities.
-
News
Asset managers expect rise in world equities
EUROPE – IPE’s monthly investment manager survey of expectations of equity and bond market movements reveal asset managers are expecting a rise in equities markets worldwide.
-
News
Gartmore loses out as Torfaen names managers
UK – Torfaen County Council in Wales has appointed managers for four mandates totalling 590 million pounds (869.7 million euros) for its Greater Gwent Pension Fund, resulting in a loss of a UK equity mandate for Gartmore.
-
News
Scottish Widows investment chief resigns
UK – The chief investment officer of Scottish Widows Investment Partnership has resigned.
