Advisers – Page 138
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News
Big names back new Dutch pension periodical
NETHERLANDS – Some of the biggest names in the Dutch pensions industry are backing a new pensions quarterly called Pensioen Bestuur & Management, or Pension Administration & Management.
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OECD seeking private pensions project staff
FRANCE – The Organisation for Economic Cooperation and Development is seeking to recruit project staff for private pensions.
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Irish pension contributions not enough - Mercer
IRELAND – “Pension contributions in Ireland are inadequate,” according to Mercer Human Resource Consulting.
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'Value' consistently outperforms 'growth' - UK study
UK - The first comprehensive study of the ‘value effect’ in the UK equity markets demonstrates that value stocks have outperformed growth stocks for almost 50 years.
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Bank of New York names new Europe chief
EUROPE – The Bank of New York has named Timothy Keaney to take over from Jeffrey Tessler as head of Europe.
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Cox to chair Association of Pension Lawyers
UK - Linklaters' pension partner Tim Cox taken over from Freshfields Bruckhaus Deringer’s David Pollard as chairman of the Association of Pension Lawyers.
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Janus says international chief Garland resigns
GLOBAL – Richard Garland has resigned as chief executive of Janus International and managing director of Janus Global Adviser, the company said.
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German fund tenders real estate via IPE-Quest
GERMANY – A German pension fund is looking for a real estate manager via IPE-Quest.
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UK’s Lewisham tenders E585.8m mandates
UK – The London Borough of Lewisham’s pension fund is tendering three mandates totalling 409 million pounds (585.8 million pounds).
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Danish consultant tenders 2 mandates on IPE-Quest
DENMARK – Consultant Kirstein Finans is tendering two mandates for a Danish client via IPE-Quest.
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Mercer buys Nordic consultant Benefit Network
NORDIC – Mercer Human Resource Consulting is expanding in Norway and Sweden, having entered definite agreements to acquire parts of Benefit Network ASA and Benefit Network Consulting AS.
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Putnam reaches agreement with SEC
US – Putnam Investments has reached agreement with the Securities and Exchange Commission over its alleged failure to control the market timing activities of some of its staff.
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State Street names pension accounting head
UK – State Street has appointed Jerry Neudegg as head of its pensions accounting team in London, a new role.
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Credit Suisse opens Moscow office
RUSSIA – Credit Suisse has expanded its activities to Russia, opening a new office in Moscow to serve clients investing internationally.
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UK’s GAD uncertain about client payments
UK - The Government Actuary’s Department says it has trimmed spending due to uncertain client payments.
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PWC hires from Mercer, Towers Perrin
UK – Consulting firm PricewaterhouseCoopers has made six human resources appointments, including new hires from Mercer and Towers Perrin.
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Dutch fund tenders fixed income via IPE-Quest
NETHERLANDS – A Dutch pension fund is looking for managers for two fixed income mandates via IPE-Quest.
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HSBC tops new R&M survey of trustee banks
UK – R&M Consultants have released the results of its first survey of trustee and depositary banks – which shows that HSBC is the top choice of investment managers.
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Watson Wyatt & Co. cautious about revenues
GLOBAL – Consulting firm Watson Wyatt & Co. says it is cautious about the outlook for revenues in the 2004 fiscal year.
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Swiss consultant tenders 3 mandates via IPE-Quest
SWITZERLAND – Swiss consultant Complementa Investment-Controlling has tendered three mandates worth up to 200 million dollars via IPE-Quest.