All IPE articles in November 2001 (Online) – Page 2

  • News

    New system aims to combat pensions mis-selling

    2001-11-27T04:53:00Z

    UK – E-business solutions provider, Aqera, has launched a commercially available on-line system, Collaborative Business Review System, which is specifically designed to help eliminate the mis-selling of financial products.

  • News

    Germany ripe for private equity growth

    2001-11-26T05:31:00Z

    GERMANY – The hitherto disappointing German private equity market is entering a transition phase that will lead to a more sustainable and attractive investment environment, despite a slowdown in the growth of private equity assets last year, says a report by AltAssets, the alternative investments research company....

  • News

    SEI cleans up with £55m Davis Service mandate

    2001-11-26T04:46:00Z

    UK – Multi-manager outfit, SEI Investments, has won a £55m (€88m) global equity mandate from the Davis Service Group (DSG) Retirement Benefit Scheme, SEI’s fifth mandate win this year....

  • News

    New European fixed income manager launches

    2001-11-26T04:42:00Z

    UK/JAPAN – BlueBay, a new European fixed income specialist asset management company has been launched today, with a hedge fund scheduled for launch as its first product early next year....

  • News

    Instinet adds European credit product trading

    2001-11-26T04:34:00Z

    EUROPE – Electronic brokerage agency, Instinet, is expanding its fixed income electronic trading capabilities to include credit products in Europe, in a bid to reflect the rise in issuance and trading in euro denominated products over the past two years.....

  • News

    Northern Trust poaches senior Citigroup consultant

    2001-11-26T03:46:00Z

    EUROPE - Northern Trust Global Investments (Europe) has hired Lucy Cooke from Citigroup Asset Management to become a senior institutional relationship consultant....

  • News

    Contributions to DC plans worryingly low, says ACA

    2001-11-26T03:44:00Z

    UK – Low contribution levels into the defined contribution (DC) pension schemes of smaller companies will spell misery for pensioners in years to come, says a survey conducted by the Association of Consulting Actuaries (ACA).

  • News

    Portuguese Q3 pension fund performance dips

    2001-11-23T11:58:00Z

    PORTUGAL – Portuguese pension fund returns mirrored the negative trend in financial markets for the third quarter of 2001 by registering a median return of –3.6%, according to figures produced by consultant Watson Wyatt....

  • News

    Survey says Dutch fund governance needs to improve

    2001-11-23T11:52:00Z

    NETHERLANDS - Half of Dutch pension fund board members in small schemes spend less than five hours a month on fund business, while there is a lack of specific investment knowledge amongst pensions boards, according to a survey on pension fund governance by Frank Russell and the Amsterdam Vrije ...

  • News

    SFr10bn Swiss Post fund gets go ahead

    2001-11-23T11:52:00Z

    SWITZERLAND – The country’s Conseil Fédérale today gave the final green light to the transfer of some 70,000 postal workers from the traditional federal pension plan into an SFr10bn (e6.5bn) pension foundation for the Swiss post office....

  • News

    Estonia launches funded pensions system

    2001-11-23T11:51:00Z

    ESTONIA - Estonia is to introduce a funded second pillar pensions system from January 1 next year, with expectations that around 400m Estonian kroons (e26m) could flow into funds in the first year in a system that is open to domestic and foreign banking outfits....

  • News

    Germany allows pension funds 100% equity scope

    2001-11-23T11:51:00Z

    GERMANY – Germany’s new pension fund industry has been given a significant boost by the announcement of the finance and labour ministries that the new funds will not now be restricted in their asset allocation policies....

  • News

    Jupiter buys Lazard's managed funds business

    2001-11-23T02:25:00Z

    UK – Jupiter Asset Management is to acquire the independently managed funds business of Lazard Asset Management in a deal worth approximately £250m (€401.6m)....

  • News

    Schroders appoints senior EAFE manager

    2001-11-23T02:23:00Z

    Schroder Investment Management (Schroders) has appointed Sheridan P. Reilly as executive vice president and senior Europe and Far East (EAFE) portfolio manager....

  • News

    SRI lacks definition say financial managers

    2001-11-23T02:20:00Z

    EUROPE – An overwhelming majority of financial analysts and managers across Europe believe that there is a lack of transparency in the definition of Socially Responsible Investment (SRI) criteria and that this is holding back its development, according to a survey on SRI carried out by Taylor Nelson Sofres.... ...

  • News

    Jørgensen to head DeAM Nordic sales push

    2001-11-23T01:17:00Z

    NORDIC REGION - Deutsche Asset Management (DeAM) has poached Steen Jørgensen from Schroder Investment Management to become the firm’s head of institutional sales for the Nordic region....

  • News

    German metalworkers tender enters second phase

    2001-11-22T12:31:00Z

    GERMANY – The tender process for selecting investment managers for the German metal and electronics workers’ new retirement provision company, as reported by IPE-Newsline in September, has entered its second phase, with three of the original nine players left in contention, and other industries ready to participate....

  • News

    US firm triumphs as AP7 e180m alternatives advisor

    2001-11-22T12:31:00Z

    SWEDEN – US specialist investment consultancy firm New England Pension Consultants (NEPC) has beaten a field of some of Europe’s biggest consultants to become the advisor to Sweden’s e2.3bn AP7 fund for a tender worth around e180m in hedge fund and private equity assets, according to sources close to the ...

  • News

    UK gets dedicated government pensions department

    2001-11-22T05:10:00Z

    UK – The Government is to launch a completely new dedicated pensions department within the department for work and pensions, Ian McCartney, pensions minister announced at the NAPF’s autumn conference in London today....

  • News

    Pension reform protects European equities

    2001-11-22T05:07:00Z

    EUROPE – European equities could provide a safe haven for investors and potential for long term capital growth, with pensions reform having a significant impact, according to Gartmore research....