All IPE articles in September 2004 (Online) – Page 7
-
News
Lucenti, Swissca slam Swiss pension rate rise
SWITZERLAND – Switzerland’s decision to raise the minimum guaranteed interest rate for pensions from 2.25% has come in for criticism in new reports from Lucenti and Swissca.
-
News
Goldman Sachs AM gains E8.9bn in AUM
GLOBAL – Assets under management at Goldman Sachs’ asset management arm rose 11 billion dollars (8.9 billion euros) in the third quarter – largely reflecting inflows into alternative investments, money markets and fixed income.
-
News
Dutch government warns ageing to test solidarity
NETHERLANDS – The Dutch government has warned that ageing society will put the Netherlands’ traditional solidarity “to the test”.
-
News
Robeco names Vriezen’s replacements
NETHERLANDS – Robeco, the asset management arm of Rabobank, has named Edith Siermann and Mark van der Kroft to replace chief investment officer Marnix Vreizen, who resigned last week.
-
News
Italy’s PensPlan enters national market
ITALY- PensPlan, the pension services provider of the semi-autonomous Trentino Alto Adige, is entering the national market with the launch of sister company PensPlan Services.
-
News
Morgan Stanley adds E36.7bn institutional assets
GLOBAL – Morgan Stanley’s investment management arm has gained 45 billion dollars (36.7 billion euros) in institutional assets under management in the past year, the firm said in its third-quarter earnings report.
-
News
S&P hires FTSE’s Davies for Europe role
EUROPE - Standard & Poor's Index Services says it has hired FTSE Group’s head of relationship management in Europe, John Davies, to the role of director of market development for Europe.
-
News
AP1 seeks strategic partners for private equity
SWEDEN - Första AP-fonden, the First Swedish National Pension Fund, is seeking “strategic partners” for around 400 million dollars (326.5 million euros) in private equity.
-
News
PGGM’s Munsters says funds stressed by changes
NETHERLANDS – Roderick Munsters, chief investment officer of the second-largest Dutch pension fund, PGGM, has said Dutch pension funds are “getting stressed” by the changes to the system.
-
News
Mothercare ousts managers in revamp
UK - The pension fund of retailer Mothercare has sacked Merrill Lynch Investment Managers, Societe Generale Asset Management and Legal & General Investment Management after an actuarial valuation.
-
News
Deutsche names Parker head of asset management
GLOBAL – Deutsche Bank has named Kevin Parker as the member of its executive committee with responsibility for asset management, replacing Tom Hughes.
-
News
Japan's pension manager DLIBJ in Europe push
DENMARK - Japanese pension fund manager DLIBJ Asset Management, which claims to be the largest Japanese asset manager, has raised its European profile with a sub-advisory brief from SEB Asset Management.
-
News
FTSE launches tradable ‘supersector’ indices
EUROPE - New tradable ‘supersector’ indices have been launched and added to the FTSEurofirst Index Series. These will enable investors to trade a range of 18 sectors across Europe on a real-time basis.
-
News
Surrey switches to specialist managers
UK - The 1.2 billion pounds Surrey County Council has appointed Schroders Investment Management and boutiques Majedie Investments and Mirabaud Investment Managers as managers for its equities portfolio as it prepares to switch to specialist management.
-
News
Ex-Bank of NY Europe chief joins Deutsche Börse
EUROPE – Jeffrey Tessler, former general manager of Europe at the Bank of New York, is to join Deutsche Börse as head of its Clearstream International custody arm.
-
News
Italian pension bonus becomes operational
ITALY - One of the pivots of Italy’s pension reform, the tax-free perk to keep Italian workers in their jobs longer, has become operative and will be implemented in two weeks.
-
News
Polish funds lift equity investments
POLAND-Pension funds have invested about 300 million dollars (243.5 million euros) in Polish equities in the last four months and the trend is expected to continue, according to Merrill Lynch.
-
News
Morgan Stanley’s Orchard joins JP Morgan Fleming
UK- JP Morgan Fleming Asset Management has hired Morgan Stanley’s Andrew Orchard as a portfolio manager in its growing global portfolios group.
-
News
One-year countdown starts for IORP directive
EUROPE – The European Union’s directive on pan-European occupational pensions comes into force in one year’s time.
