All IPE articles in September 2007 (Online) – Page 8

News
Capita enters annuity market with purchase

2007-09-05T15:00:00Z

[16:00 CEST 05-09] UK – Pension administration provider Capita Hartshead has acquired pension consultant and service provider Higham Dunnett Shaw.
News
FSP tops ISP’s return through private equity

2007-09-05T14:30:00Z

[15:30 CEST 05-09] DENMARK - Finanssektorens Pensionskasse (FSP), the Danish pension fund for financial sector employees, has reported a 4.1% return on investments in the first half of this year, boosted by a near 50% profit on private equity.
News
Bingo group confirms pension fund sale plans

2007-09-05T14:00:00Z

[15:00 CEST 05-09] UK – Rank Group, the owner of Mecca Bingo and other gaming businesses, said it is contemplating putting its £700m pension scheme up for sale.
News
VB issues warning on Dutch VAT (amended)

2007-09-05T13:00:00Z

[14:00 CEST 05-09] NETHERLANDS – The Dutch association of industry wide pension funds, VB has said the Dutch government should stop charging pension funds tax on the use of investment management services.
News
Wednesday people roundup

2007-09-05T12:30:00Z

[13:30 CEST 05-09] GLOBAL – Morley, F&C, Fortis, Credit Suisse, Watson Wyatt, EIB, East Capital, AWD/MLP, BDO Stoy Hayward, ASSET4.
News
Switzerland to raise pension savings interest rate

2007-09-05T12:10:00Z

[13:10 CEST 05-09] SWITZERLAND – The Swiss government is raising the minimum rate pension funds must credit to paid-in savings to 2.75% from January 1, amid evidence suggesting schemes are earning more on financial markets.
News
Fonchim plans a guaranteed return fund

2007-09-05T11:00:00Z

[11:00 CEST 05-09] ITALY – The E1.7bn Italian Fonchim scheme, the closed fund for chemical and pharmaceutical workers, is planning to launch a guaranteed return fund early next year.
News
FRR reappoints State Street

2007-09-04T15:45:00Z

[16:45 CEST 04-09] FRANCE – The €33.4bn Fonds de Réserve pour les Retraites (FRR) has concluded its search for a currency overlay manager.
News
Scandal-hit PZU gets new CEO

2007-09-04T15:45:00Z

[16:45 CEST 04-09] POLAND – Agata Rowinska has today been appointed by the Treasury as new chief executive to the Polish insurance giant PZU.
News
SLI increases assets by 20% in six months

2007-09-04T15:30:00Z

[16:30 CEST 04-09] UK – Standard Life Investments (SLI) has increased its assets under management by a fifth in the first half of this year to over £46bn, according to the life insurer group’s latest figures.
News
Partners Group posts 27% rise in AuM

2007-09-04T15:15:00Z

[16:15 CEST 04-09] SWITZERLAND – Partners Group, a Swiss asset manager specialising in alternatives, has reported a 27% increase in assets under management (AuM) and a 69% jump in pre-tax profit for the first half.
News
Nordic market growth increases pressure - Nordea

2007-09-04T15:00:00Z

[16:00 CEST 04-09] NORDICS – Economists at asset manager and banking group Nordea are warning it may be "time to pull the brakes" as economic conditions in some Nordic countries are now reported to be "running at full capacity".
News
One in four not saving for retirement

2007-09-04T14:45:00Z

[15:45 CEST 04-09] UK – Britons are worried about their retirement income but the number of people without any pension provision is actually increasing, Alliance Trust research suggests.
News
TNO scheme names BlackRock as fiduciary manager

2007-09-04T14:30:00Z

[15:30 CEST 04-09] NETHERLANDS – TNO, the €2bn pension fund of the applied scientific research institute, has appointed investment management firm BlackRock as its fiduciary manager.
News
Spanish bank to float investment unit

2007-09-04T14:00:00Z

[15:00 CEST 04-09] SPAIN - Barcelona-based savings bank La Caixa is to float 20% of its investment arm, Criteria Caixa Corp, in October.
News
PGGM appoints new chairman

2007-09-03T16:11:00Z

[17:11 CEST 03-09] NETHERLANDS – The €89bn Dutch pension fund PGGM has appointed Martin van Rijs as chairman of the executive board of its new administration cooperative.
News
Fonchim taps Schroders for TFR

2007-09-03T15:45:00Z

[16:45 CEST 03-09] ITALY – The Italian €1.7bn Fonchim scheme, the closed fund for chemical and pharmaceutical workers, has appointed Schroders to manage its Trattamente di Fine Rapporto (TFR) assets.
News
Greater Manchester fund tenders property valuation

2007-09-03T15:30:00Z

[16:30 CEST 03-09] UK – The £9.5bn (€14bn) Greater Manchester Pension Fund is reviewing Colliers CRE as the independent valuer for its property portfolio.
News
Analysts "cautious" about Storebrand's Swedish push

2007-09-03T15:30:00Z

[16:30 CEST 03-09] NORDICS – Norwegian life insurer Storebrand is to buy Swedish Handelsbanken's occupational pension branch SPP for SEK18bn (€1.9bn).
News
AP7 outperforms benchmark in H1

2007-09-03T15:30:00Z

[16:30 CEST 03-09] SWEDEN – The Swedish default fund for the Premium Pension System managed by AP7 returned 9.6% in the first half of 2007.