All articles by Robert Melia Watson – Page 2
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Features
Drag factors on recovery
With the continued threat of war in the Middle East hanging over the markets stalling a full-scale recovery, analysts agree that Europe’s equity markets still can’t find real stability, despite some relatively good trading recently and the ECB’s larger than expected 50 basis point interest rate cut. Many predict that ...
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Features
Bear limps along
Economic data is once again the driving force behind the performance of Europe’s equity markets, with analysts playing down the significance and impact of the Iraqi parliament’s unanimous decision not to allow weapons inspectors to return to Iraq. “It’s not something that we can afford to ignore, but oil prices ...
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News
AP3 completes €390m Far East manager search
SWEDEN – The SKr 130bn (€14bn) Third Swedish National Pension Fund, the AP3, has completed its asset manager search for Japanese and Asia Pacific (ex-Japan) equity mandates worth €390m with the appointment of Capital International, Shroders and JP Morgan Fleming Asset Management (JP Morgan) to its external manager roster.
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News
CAAM launches new distribution arm in Spain
SPAIN – Crédit Agricole Asset Management (CAAM), the investment management arm of French financial services group, Crédit Agricole, has re-organised its Madrid-based Spanish subsidiary with the creation of a new mutual fund distribution arm, Agencia de Valores.
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News
French pension associations merge
FRANCE – Agirc and Arrco, the two French caisses de retraite supplementary retirement fund associations, have merged to form one new umbrella association, Groupement d’Intérêt Économique AGIRC-ARRCO (GIE Agirc Arrco).
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News
German PE market down 30% in first half of 2002
GERMANY – The private equity market in Germany is heading for what will be its worse year since 1999, despite a pick-up in business in the second quarter of this year, says the BVK, the German private equity association.
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News
European equity outflows highest since September
EUROPE– Investors in Europe are selling off their European equity holdings because of the recent sharp declines in the stock markets, according to the latest European fund flow research published by Schroder Salomon Smith Barney (SSSB). The aggregate outflow for June reached €2.1bn, the largest since last September, when a ...
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News
UK institutions trim property exposure
UK – Institutional investors such as pension funds and insurance companies decreased their exposure to property by £689m (€1,088m) during the first quarter of this year according to new figures from DTZ Research.
