All IPE articles in November 2003 (Online) – Page 8
-
News
Finland’s OP hires Nordea’s Backstrom as CIO
FINLAND – Magnus Backstrom has been appointed as chief investment officer for the OP Bank Group Insurance and Pensions.
-
News
Icelandic pension funds return –3% in 2002
ICELAND – Pension funds in Iceland returned –3% in 2002, according to the Financial Supervisory Authority, or FME.
-
News
Austrian pension reform a boost for tax - IMF
AUSTRIA – The International Monetary Fund says Austria’s recent pension reform will boost the country’s long-term fiscal sustainability.
-
News
Norway’s Petroleum Fund returns +1.7%
NORWAY – The Norwegian government’s Petroleum Fund returned 1.7% for the third quarter, bolstered by the positive performance of the equity portfolio.
-
News
Pensions to boost asset management – McKinsey
EUROPE – The development of the European pensions industry and shifting demographics are set to boost Europe’s institutional asset management industry, according to a new report from McKinsey & Co.
-
News
French reserve fund delays manager shortlist
FRANCE – The Fonds de Reserve pour les Retraite (FRR) is to delay announcing the manager shortlist for its 16 billion euros of mandates until December.
-
News
Legg Mason names institutional sales director
UK – Legg Mason Investments has appointed Spencer Ahluwalia as director of institutional sales.
-
News
Institutional investors could aid stability – BIS
GLOBAL – Institutional investors could have a role in market efficiency and stability, says the Bank for International Settlements.
-
News
Legal & General arm in ageing downgrade
UK – Triple-A insurer Legal & General Assurance Society has been downgraded, as increased life expectancy threatens the financing of its growth in annuity sales.
-
News
UK says trustees highly dependent on consultants
UK – A new report commissioned by the government’s pensions department says trustees are “highly dependent” on investment consultants.
-
News
Deutsche’s DWS moving into hedge funds
GERMANY - DWS Investments is moving into hedge funds, and expects to sell one billion euros of its new products in 2004.
-
News
French pension reform timetable on track
FRANCE – Labour minister Francois Fillon has confirmed that all the necessary decrees to enable pensions reform to be implemented on January 1 will be published before the end of the year.
-
News
Britannic hires finance chief from Winterthur UK
UK – Britannic Group, which recently closed its retirement arm to new business, has named Graham Singleton as group finance director.
