All IPE articles in September 2006 (Online) – Page 4
-
News
DeAM names global consultant relations head
GLOBAL – Susan Small has been appointed as new global head of consultant relations at Deutsche Asset Management (DeAM), the global investment bank announced today.
-
News
Horeca taps SPF for €40m private equity brief
NETHERLANDS – Pensioenfonds Horeca & Catering, the €2bn Dutch hotel and catering scheme, has awarded SPF Beheer with a €40m private equity mandate, as part of its 5% weighting target in the asset class.
-
News
TIAA-CREF puts $100m into microfinance
GLOBAL – US educational retirement savings group TIAA-CREF has earmarked $100m (€78.8m) to invest in so-called microfinance initiatives.
-
News
EU’s Borrell considering MEPs’ fund director
LUXEMBURG – A decision about the appointment of Law Debenture pension trustee head Eddie Thomas as a specialist director at the MEPs’ pension fund is currently with the President of the European Parliament, Josep Borrell.
-
News
FRR names manager selection committee
FRANCE – The €27.6bn Fond de Resérve pour les Retraites, the French Pensions Reserve Fund, has re-appointed its manager selection committee, with one change.
-
News
Swiss voters to decide on SNB pension cash
SWITZERLAND – Swiss voters will on Sunday decide whether over CHF1bn of the Swiss National Bank’s annual profits will be diverted to the Old Age and Survivors’ Insurance Fund (AHV/AVS). According to opinion polls, those opposed to the move have substantially gained on supporters of the initiative.
-
News
Dutch funds’ duration lengthens, DNB says
NETHERLANDS – Pension funds with an invested capital of between €100m and €10bn have seen the average duration of their portfolio go up by one and a half years, the Dutch central bank (DNB) said today.
-
News
Morgan Stanley asset management earnings slump
GLOBAL – Third-quarter profits at Morgan Stanley’s asset management division fell by 23% although assets under management rose 5%.
-
News
Dutch union eyes pension fund for self-employed
NETHERLANDS - The largest Dutch trade union FNV has stated it wants to set up a new defined contribution pension fund for self-employed people and small businesses.
-
News
Bosch CFO mulls pan-European pension fund
GERMANY – Gerhard Kümmel, chief financial officer of German auto component maker Robert Bosch, has signalled the firm may create a pan-European pension fund out of its existing German Pensionsfonds.
-
News
Dutch institutions enter hedge fund debate
NETHERLANDS – Dutch institutional investor organisation Eumedion, representing some €800bn of assets, has demanded that Stork’s majority shareholders and activist hedge funds Centaurus and Paulson take a clear position on the Dutch industrial group.
-
News
Henderson buys infrastructure firm Laing
UK – Henderson has had a £886.9m (€1.3bn) offer to buy infrastructure and construction firm John Laing accepted.
-
News
Capital Group takes 5% of Commerzbank
GERMANY – US fund manager Capital Group has disclosed a 5.03% shareholding in Commerzbank, making it the German bank’s second largest shareholder after Italian insurer Generali, which has 8.6%.
-
News
USS in central Europe real estate move
EUROPE – The £26bn (€38.5bn) Universities Superannuation Scheme, the pension fund for university staff, has made a move to increase it central European real estate holdings.
-
News
Watson Wyatt’s de Maar joins Dutch doctors’ fund
NETHERLANDS – Watson Wyatt’s Stefan de Maar in an unusual move has switched from investment consulting to join the Dutch €11.7bn Doctors Pension Funds Services (DPFS).
-
News
ATP planning US real estate investment
DENMARK – The DKK371.5bn (€50bn) Danish supplementary pension scheme ATP is looking at real estate investments in the US.
-
News
Lehman unveils LDI indices
GLOBAL – Global investment bank Lehman Brothers has announced the launch of two new swap indices which could help facilitate liability driven investing.
-
News
BNP Paribas AM names new CIO
EUROPE – BNP Paribas has named Credit Agricole’s Christian Dargnat as its new chief investment officer.
-
News
Netherlands sticks with two pension regulators
NETHERLANDS – The Dutch pension system will still be supervised by De Nederlansche Bank (DNB) and the Autoriteit Financiële Markten (AFM), according to the government.
-
News
Pension statements could shock – Mercer
UK - Occupational pension scheme members could be in for a shock when they receive statements explaining the funding position of their scheme this week, says Mercer Human Resource Consulting.
