All IPE articles in October 2006 (Online) – Page 4
-
News
Royal Mail scheme chairman joins Synesis
UK – Jane Newell, chairman of the £21bn (€31.3bn) Royal Mail Pension Plan, is to join the board of new pensions annuity firm Synesis Life as a non-executive director.
-
News
Towers Perrin opens office in Apeldoorn
NETHERLANDS – Consultancy firm Towers Perrin says it has opened an office in the Dutch town of Apeldoorn.
-
News
India’s Tata would inject €188m into Corus fund
GLOBAL – Indian steelmaker Tata Steel says it would inject £126m (€188m) into the Corus pension fund as part of its multi-billion pound takeover bid.
-
News
Germany’s FERI hails new shareholder MLP
GERMANY – Top executives at investment consultant Feri Institutional Advisors (FIA) have hailed the involvement of new majority shareholder MLP.
-
News
More details about ABP’s new Hong Kong office
NETHERLANDS – Dutch pension giant ABP, at €201bn Europe’s largest pension fund, has announced a launch date and the key executives for its new Hong Kong office.
-
News
€30bn London fund merger proposed
UK – A new report will suggest merging London pension schemes into one or two funds with a combined value of approximately £20bn (€30bn), according to a newswire report.
-
News
Prudential sees bulk annuities competition
UK – Prudential says there’s more competition in the bulk annuities market – and that it won’t budge on price.
-
News
German institutions ‘asset allocations unchanged’
GERMANY – Insurers and pension funds plan virtually no change to their asset allocation during 2006, meaning that they will remain mostly invested in fixed income, according to a new study unveiled by private equity fund provider CAM.
-
News
Dutch government confirms FTK requirements
NETHERLANDS – The Dutch Minister of Social Affairs Aart Jan de Geus will adopt some of the stricter FTK-requirements for the financial supervision of pension funds made by De Nederlandsche Bank.
-
News
Morgan Stanley loses UK transport dept. mandate
UK – Investment manager Morgan Stanley Quilter (MSQ) has not been reappointed as fund manager of the UK’s General Lighthouse Fund (GLF), it emerged today.
-
News
EDS names new treasurer to oversee pensions
GLOBAL – Computer firm Electronic Data Systems has named Anthony Glasby as its new corporate treasurer, a role which is responsible for pensions management worldwide.
-
News
Dutch postal scheme returns 5.1%
NETHERLANDS - Returns on equity and fixed income have largely contributed to returns of 5.1% of postal provider TNT’s pension fund during the third quarter, it announced.
-
News
RBC Dexia Europe chief exits over strategy
LUXEMBOURG – Michel Malpas, chief executive of RBC Dexia investor Services, the joint venture’s primary operating arm in Europe, has left the company.
-
News
Pension funds in bid for Lane Clark parent
GLOBAL – An investor group including pension funds has made a ZAR8.3bn (€875m) bid for Alexander Forbes, the parent company of pensions consulting firm Lane Clark & Peacock.
-
News
IPE-QUEST: Scandinavian fund tenders US high yield debt
SCANDINAVIA - A Scandinavian pension fund has tendered an initial $50m (€39.9m) in American high yield debt via IPE-Quest.
-
News
Fidelity makes three new Dutch hires
NETHERLANDS – Investment manager Fidelity International’s Dutch branch expands its sales and marketing team with three new appointments in a move to strengthen its “local presence” in the Netherlands, the manager has announced.
-
News
Paymaster outsources €10.5bn pension payments to Citigroup
UK – American financial service provider Citigroup’s Global Transaction Services has struck a deal with UK pensions administrator Paymaster to provide the firm with international payments services.
-
News
Wilshire and Dow Jones in global index launch
GLOBAL – Global investment service provider Wilshire Associates together with global index provider Dow Jones Indexes has launched a new world equity markets index family, the firm has announced.
-
News
TIAA-CREF hands State Street additional €152bn mandate
GLOBAL – The $380bn US educational retirement savings group TIAA-CREF has awarded institutional investment manager State Street an agreement to provide management services for an additional $190bn(E152bn) in assets.
-
News
SPF offers assistance to small schemes
THE NETHERLANDS - SPF Beheer has offered ‘collegial’ assistance to small pension funds, which want to remain independent, it announced.
