All IPE articles in September 2006 (Online) – Page 8

  • News

    Man Group CEO Fink to step down

    2006-09-07T16:15:19Z

    UK – Stanley Fink is to step down as chief executive of Man Group, the world’s largest listed hedge fund group, and be replaced by finance director Peter Clarke as from April 1 next year.

  • News

    KAS positions for pension pooling, directive

    2006-09-07T16:14:30Z

    EUROPE – KAS Bank says it is well positioned for the burgeoning European asset pooling and pensions market.

  • News

    S&P pension director MacLachlan joins Watson

    2006-09-07T16:13:51Z

    UK – Watson Wyatt has hired Standard & Poor’s director of pension services Jim MacLachlan as a senior investment consultant.

  • News

    BAE may use Airbus cash for pensions

    2006-09-07T16:12:49Z

    EUROPE – UK aerospace group BAE Systems may use some of the approximately £1.2bn (€1.7bn) proceeds from the sale of its 20% stake in airbus for pensions.

  • News

    Sweden’s PPM appoints S&P, Wassum

    2006-09-07T16:11:55Z

    SWEDEN – The Swedish Premium Pensions Authority (PPM), facing criticism for its fund selection tool “Lotsen” earlier this month, has appointed rating firms S&P Fund Services and Wassum Rating AB.

  • News

    Van Lanschot targets institutions with Kempen bid

    2006-09-07T16:10:49Z

    NETHERLANDS – Dutch private bank Van Lanschot is looking to increase its institutional reach with a €300m takeover bid for independent Dutch merchant bank Kempen.

  • News

    CEE: Exceptional growth

    2006-09-07T12:43:37Z

    CENTRAL EUROPE - Central and Eastern Europe's second-pillar pension funds recorded exceptional year-on-year growth in 2005, well ahead of the rise in numbers of clients, despite their relatively conservative investment strategies. There have also been relatively few changes in the rankings compared with 2004. There were no changes in the ...

  • News

    Netherlands: Interesting times

    2006-09-07T12:41:42Z

    NETHERLANDS - There's an old Chinese curse that says 'may you live in interesting times'. It might have been coined for the Dutch pensions industry. "All times are interesting, especially for Dutch pension funds," says Jeroen Steenvoorden, director of pension fund for self-employed medical specialists SPMS. "There is so much ...

  • News

    UK: General trend into bonds

    2006-09-07T12:37:02Z

    UK - Recent years have seen a general trend within the UK pensions industry from equities into bonds, according to Joanne Segars, incoming chief executive at the National Association of Pension Funds (NAPF).

  • News

    Germany: Book reserves still common

    2006-09-07T12:28:10Z

    GERMANY - Although there are five different ways of creating an occupational pension the most common, with more than 50% of all pension assets and totalling around €400bn, is still through the book reserves of the employer, according to Klaus Stiefermann, general manager of the Association of Company Pension Schemes ...

  • News

    TOP 1000: European assets grow to €3.02trn

    2006-09-07T12:21:17Z

    EUROPE - Assets under management of the top 750 continental European pension funds, including those in Ireland and Iceland, and the top 250 in the UK, rose to €3.02trn in 2005 from the previous year's €2.63trn.

  • News

    IPE-QUEST: Swiss foundation tenders real estate

    2006-09-06T16:05:04Z

    REAL ESTATE – A Swiss investment foundation has tendered $100m+ (€78m) in global passively managed publicly traded real estate via IPE-Quest.

  • News

    F&C nabs MSIM exec for new Geneva office

    2006-09-06T16:04:25Z

    SWITZERLAND - F&C Asset Management has named Christian Zeitler as country head for Switzerland and Austria.

  • News

    New director at Campina Pensioenfonds

    2006-09-06T16:03:46Z

    NETHERLANDS – Campina’s corporate affairs director Jos Clerx has been named director of the €1bn Stichting Pensioenfonds Campina.

  • News

    Norwegian fishermen name fund managers

    2006-09-06T16:01:48Z

    NORWAY – The NOK630m (€70.6m) Garantikassen for Fiskere pension fund has appointed DnB NOR Kapitalforvaltning ASA and ABN Amro Kapitalforvaltning as its new asset managers.

  • News

    Dutch pensions get pre-election respite

    2006-09-06T16:00:51Z

    NETHERLANDS – Dutch politicians appear to be giving the pensions industry the respite from imposing further legislation that it had asked for said Benne van Popta, chairman of the industry-wide pension association VB.

  • News

    Polish pension supervisor KNUiFE to be dissolved (amended)

    2006-09-06T15:59:30Z

    POLAND – Polish pension supervisor KNUiFE is to be dissolved under a disputed law which will see the three financial supervisory authorities merged into one.

  • News

    Dexia AM adds €6.5bn in institutional assets

    2006-09-06T15:58:24Z

    EUROPE – Dexia Asset Management gained a net €6.5bn in new institutional assets in the second quarter of 2006.

  • News

    Global fund management asset growth slows

    2006-09-06T15:57:30Z

    GLOBAL – Total assets managed by the world’s largest 500 fund managers grew to $53.6trn (€41.8trn) in 2005, consulting firm Watson Wyatt reports.

  • News

    ABP Investments names research head

    2006-09-06T15:56:34Z

    NETHERLANDS – Robeco’s Ronald Wuijsters has been appointed as the new head of research at ABP Investments Pensioenfonds, the fund confirmed today.