All articles by Robert Fuller – Page 11

  • News

    iShares launches four new pan-European ETFs


    UK – iShares has launched four new pan-European exchange traded funds (ETFs)to be managed out of London by Barclay’s Global Investors....

  • News

    Crédit Lyonnais gets Fitch AMR ratings upgrade


    FRANCE – Fitch AMR, the Paris based ratings firm, has upgraded Crédit Lyonnais Asset Management’s (CLAM) rating to ‘aa’ from the ‘aa-‘ rating that was awarded last October....

  • News

    Germany announces insurer investment plans


    GERMANY – The liberalisation of German insurance companies’ investment criteria has taken a step forward with the German Ministry of Finance finally proposing to raise the quota for equity investments from 30% to 35%....

  • News

    Nestlé sweetens Northern Trust with SFR7bn custody


    SWITZERLAND – Northern Trust has won the custody mandate for Nestlé Switzerland’s SFr 7bn (€4.6bn) pension fund.....

  • News

    Gartmore sells passive business to State Street


    UK – State Street Global Advisors (SSgA) is to take over the £18bn (€30bn) passive equity business of UK fund manager Gartmore for an undisclosed sum, it was announced today....

  • News

    NTGI shows right mix for Thermofil £4.7m mandate


    UK – The Thermofil Polymers Pension Scheme(TPPS) has appointed Northern Trust Global Investments to run a £4.7m (€7.7m) multi manager brief....

  • News

    Scottish Widows to run £17m UK Coal funds


    UK – Edinburgh based Scottish Widows Investment Partnership (SWIP) has won the mandate to run £17m (€28m) active bond and cash portfolio for UK Coal Mining Ltd....

  • News

    Dutch metalworkers fund forms web deal with Achmea


    NETHERLANDS – Dutch metal and engineering workers’ pension fund, Bedrijfspensioenfonds voor de metaalindustrie (PMI), and pensions administrator firm, Achmea, are to cooperate more closely in the future, with particular importance being placed on internet services....

  • News

    Northern Trust wins Equitable Life custody


    UK - Northern Trust, has won custody of the £17bn (€28bn) UK equity and gilt portfolios of Equitable Life Assurance Society and its subsidiary the University Life Assurance Society....

  • News

    Nomura gets go-ahead for Spanish pensions push


    SPAIN - Nomura Asset Management (NAM) has been granted permission to register its global fund range with the Spanish stock exchange commission, the Comisión Nacional del Mercado de Valores (CNMV), Spain’s financial markets supervisory body....

  • News

    Deutsche boosts Dutch institutional sales team


    NETHERLANDS – Deutsche Asset Management (DeAM) has appointed Owen Thiers as vice president, institutional sales, as part of an expansion of its Dutch institutional sales capabilities....

  • News

    UK nurses pension fund bought by life insurer


    UK – Liverpool Victoria Friendly Society (LVFS) is to acquire the Royal National Pension Fund for Nurses (RNPFN) in a deal worth approximately £248m (€409m).....

  • News

    General Motors appoints Man as hedge fund advisor


    UK – Glenwood, a wholly owned subsidiary of the Man Group, the international hedge fund and futures broker, has been appointed as strategic hedge fund consultant to General Motors Investment Management Company (GMIMCo).....

  • News

    SEI starts Italian multi-manager joint venture


    ITALY – SEI Investments has set up a joint venture relationship with Italy’s Bipiemme Gestioni, the asset management arm of Banco Popolare di Milano (BPM) to launch a manager-of-managers programme for bank branches and other distribution channels....

  • News

    Oppenheimer buys hedge fund outfit Tremont


    US – Tremont Advisers, the alternative investment and hedge fund advisory firm has been bought out by Oppenheimer Acquisition Corp, the parent company of OppenheimerFunds, which currently has $120bn (€140bn) in assets under management.....

  • News

    Yorkshire fund awards £15m venture brief


    UK – Aberdeen Murray Johnstone Private Equity (AMJPE) has won the mandate to manage and advise a new segregated £15m (€25m) private equity fund, Yorkshire Investors III, to be launched by the £5bn West Yorkshire Pension Fund (WYPF)....

  • News

    Yates takes Phillips & Drew top slot in September


    UK – Paul Yates is take over from Robin Hindle Fisher as chief executive of UBS owned UK fund manager Phillips & Drew from September....

  • News

    Survey reveals European traits on investment


    LUXEMBOURG – A survey carried out by Crédit Agricole Indosuez Luxembourg looking at the values and beliefs of European investors, and whether culture influences financial decision making, reveals that that 38% of Europeans believe stocks are the best long term investment, with 43% of Germans saying that investing is fun. ...

  • News

    US report issued on NAV/fair value practices


    US – Capital Market Risk Advisors (CMRA), the New York based risk management specialist advisory firm, has published the results of its recent Net Asset Value (NAV) / Fair Value practices survey in the US.

  • News

    Norwegian fund appoints Den Norske and Pareto


    NORWAY – The NKr 800m (€101m) Larvik Primary Fund, the fund established to support the city of Larvik’s local economy has awarded two active segregated balanced mandates to Den Norske Bank Asset Management (DNB) and Pareto Asset Management....