Real Estate – Page 114
-
News
Highland fund opts for three new specialist managers
UK – The Highland Council pension fund in Scotland has appointed Alliance Bernstein, Fidelity Investments and Schroder Investment Managers as Insight Investment loses its 300 million pound (435 million euro) mandate.
-
News
ABP forms real estate venture in US with Prentiss
NETHERLANDS/US – Dutch civil servants pension fund, ABP, has agreed to form a joint venture with US real estate investment trust, Prentiss Properties Trust.
-
News
German investment funds gain E48bn
GERMANY – German investment funds have seen net inflows of 48.7 billion euros in the first three quarters of 2003, according to the latest statistics from the BVI.
-
News
Rogge Partners in Japanese joint venture
EUROPE/JAPAN – Fixed income manager Rogge Partners has teamed up with Tokio Marine to form a Japanese asset management venture.
-
News
LGIM says corporate pensions business rises
UK - Legal & General Investment Management has posted a 40.5% rise in new corporate pension business in the third quarter.
-
News
DeAM names Hughes UK property chief
UK – Deutsche Asset Management has appointed Bill Hughes as chief executive of its real estate investment management and advisory division.
-
News
Swiss fund PUBLICA’s director Dueggeli to leave
SWITZERLAND – Peter Dueggeli, director of the Swiss fund PUBLICA (formerly PKB), has announced he will be leaving the position at the end of next June.
-
News
Morley reappointed at Lincolnshire fund
UK – Morley Fund Managers has been reappointed to run a 100 million-pound (143 million-euro) fixed income mandate for Lincolnshire County Council pension fund.
-
News
Pension allocation to property under discussion
US – The amount pension funds should allocate to real estate has come under discussion by pundits at the Pensions Real Estate Association’s conference in Boston.
-
News
Germany: Deutsche says ageing to hit property
GERMANY – Germany’s investment products must diversify more strongly across regions and property categories, says Deutsche Bank.
-
News
Euro boost for European pooled property funds
EUROPE – The euro has had a positive impact on cross-border investing in European pooled property funds, according to IPD and ABN Amro.
-
News
Nationwide fund drops Schroders as main manager
UK – Schroder Investment Management has been dropped as the main fund manager for the 850 million-pound (1.22 billion-euro) pension fund of Nationwide Building Society as a result of poor performance.
-
News
Inflows to German investment funds halve
GERMANY – Investments into German investment funds dropped by half in August to 1.6 billion euros, according to the latest data from the BVI, Bundesverband Investment und Asset Management.
-
News
Aberdeen Asset Management sells AVI
UK – Aberdeen Asset Management has decided to sell its Asset Value Investors subsidiary to its management.
-
News
Aberdeen’s property arm names new Europe head
UK – Aberdeen Property Investors has appointed Paul Aggett to oversee its Nordic, UK and continental European divisions - essentially taking the role of chairman Iain Reid.
-
News
Serbia to raise retirement age by five years
SERBIA – Serbia says it plans to raise the minimum retirement age by five years from the current “in a phased manner”.
-
News
Surrey scheme considers core-satellite approach
UK – Surrey County Council’s 950 million-pound (1.35 billion-euro) pension fund is reviewing the services and management of the scheme, and is considering a series of mandates.
-
News
Corporate pension funds seen eyeing hedge funds
EUROPE – Corporate pension funds are changing their thinking about hedge funds, prompted by pension obligations being treated as debt, according to a new report by Morgan Stanley.
-
News
ING targets pension funds with property fund
UK - ING Real Estate Investment Management is targeting pension funds with a new property fund of funds.
-
News
Speculation over HVB asset management arm
GERMANY – HVB’s chief executive Dieter Rampl has re-iterated that the group is to focus on distribution – fuelling talk that its asset management arm may be sold.
