All IPE articles in November 2001 (Online) – Page 3

  • News

    Mercer and Attica launch one-stop pensions product

    2001-11-08T05:21:00Z

    UK – Consultant William M.Mercer has teamed up with multi-manager outfit Attica Asset management to launch a new investment service, Mercer 360, for smaller defined benefit (DB) pension plans in the UK....

  • News

    USF/MAM trial focuses on new management agreement

    2001-11-08T05:58:00Z

    UK – The High Court trial between the Unilever Superannuation Fund (USF) and Merrill Lynch Investment Managers (MLIM), today (November 8) honed in on the period immediately before and after the establishment of the new investment management agreement (IMA), with MLIM chief operating officer (COO) Carol Galley continuing to be ...

  • News

    AMF Pensions gets GIPS accreditation

    2001-11-09T01:28:00Z

    SWEDEN - AMF Pensions has become the latest Swedish investment outfit to gain accreditation under GIPS – the global investment performance standards....

  • News

    Hermes chief slams private equity industry

    2001-11-09T02:23:00Z

    UK/EUROPE – Alistair Ross Goobey, the chief executive of Hermes Pensions Management has warned the private equity industry that it needs to cultivate a little more “humility” in its claims of outperformance, arguing that managers have confused a prolonged bull market with genius....

  • News

    Punter Southall names two new principals

    2001-11-09T02:27:00Z

    UK – Consulting actuary firm, Punter Southall (PS), has promoted Gail Chorley and James Saunders to the position of principal, bringing the number of principals at the company to 23....

  • News

    Aon retains €3.4bn Philips fund admin brief

    2001-11-09T02:30:00Z

    UK – Aon Consulting have retained the mandate to provide administration services to the €3.4bn Philips Pension Fund, the UK pension fund of major Dutch global electronics firm, Philips Electronics.....

  • News

    New Italian mutual fund database launched

    2001-11-09T02:32:00Z

    ITALY – Ratings company and mutual fund information provider, Standard & Poor’s (S&P) has launched its Italian database, covering 1,170 Italian mutual funds and more than 1,580 foreign funds registered for sale in Italy....

  • News

    New EU report on Europe's pension demographics

    2001-11-09T11:17:00Z

    EUROPE – A European report re-examining the demographic outlook for the continent and the budgetary impact of ageing populations on its pension systems in the future has been presented to the European Council of Economics and Finance Ministers (ECOFIN), as part of the European consultation process on pensions....

  • News

    Europe gets a thousand new CFA affiliates

    2001-11-09T11:54:00Z

    EUROPE/GLOBAL – Over a thousand European investment professionals have passed the Association for Investment Management & Research’s (AIMR) CFA charter exam out of a total of more than 6,000 new affiliates worldwide....

  • News

    Pioneer lands Fidelity's Kremer as Germany manager

    2001-11-12T02:21:00Z

    GERMANY – US investment fund house, Pioneer Investments, has lured Dominik Kremer from Fidelity to become the new general manager for the firm’s German office in Munich......

  • News

    Finnish social partners in last ditch pension plan

    2001-11-12T04:39:00Z

    FINLAND – Finnish employers and trade unions have until Monday (November 12) to reach agreement on structural changes to the country’s first pillar pensions system, before the government steps in to take action....

  • News

    Aon wins Crown Estate pensions advisory brief

    2001-11-12T04:41:00Z

    UK – Aon Consulting has been appointed as actuarial adviser, pensions consultant and scheme administrator to the £12m (€19.5m) defined benefit (DB) pension plan of the Crown Estate....

  • News

    Fortis opens new Irish funds office

    2001-11-12T04:43:00Z

    IRELAND – Fortis Fund Services (Ireland) Ltd (FFSI) has opened a new branch office in Galway City, which is expected to employ over 50 people....

  • News

    Equity/bond split drives managed fund returns

    2001-11-12T05:09:00Z

    GLOBAL – The allocation of investment between bonds and equities has become the driving force behind the performance of managed funds this year, as compared to regional asset allocation and equity exposure in 2000, says a performance report by Standard & Poor’s (S&P)....

  • News

    Mercury risk controls were inadequate, claims Q.C.

    2001-11-12T05:11:00Z

    UK – Mercury Asset Management (MAM) operated an inadequate system of risk control in managing £1bn in pension assets for the USF fund and took too long to change its risk profile under the terms of a new investment agreement proposed by the Unilever fund, the High Court was told ...

  • News

    Pioneer Investments beefs up European team

    2001-11-13T04:07:00Z

    US investment fund house, Pioneer Investments, has added a further member to its European team with the appointment of Marie-Laure Haley as vice president – global relationships....

  • News

    Russell in Spanish multi-manager alliance

    2001-11-13T04:30:00Z

    SPAIN – Frank Russell Company has formed a strategic partnership with major Spanish financial organisation, Ahorro Corporación, to provide a comprehensive multi-management investment programme to retail investors....

  • News

    Crédit Agricole signs funds deal with AGF

    2001-11-13T04:35:00Z

    BELGIUM – Crédit Agricole Asset Management (CAAM), the asset management arm of France’s largest retail bank, Crédit Agricole (CA), has announced that AGF Belgium Bank (AGF) has approved CA-Funds as one of its fund providers.....

  • News

    Hymans publishes top 50 UK fund manager survey

    2001-11-13T04:44:00Z

    UK – London based international actuaries and consultancy firm, Hymans Robertson (HR), has published its 16th annual survey of the UK’s major pension fund managers, entitled The Big 50....

  • News

    Ray Martin new Scottish & Newcastle pensions chief

    2001-11-14T02:48:00Z

    UK/FRANCE - Ray Martin, the former vice chairman of the European Federation for Retirement Provision (EFRP) and former chairman of the UK National Association of Pension Funds (NAPF) benefits committee, is to return to a senior UK pensions position on February 1 next year, as group head of pensions and ...