Advisers – Page 147
-
News
Fidelity tops poll of European fund managers
EUROPE – Fidelity Investment Services has been voted the leading pan-European fund management firm in the Thomson Extel survey.
-
News
Mercer proposes standard pension calculation
UK – Mercer Human Resource Consulting has proposed a standardised method of calculating the cost to a company of executive pension provision.
-
News
First State Investments UK CEO quits
UK – Rob Adams, chief executive officer of First State Investments UK, international funds subsidiary of the Commonwealth Bank of Australia has resigned.
-
News
Subadvisory growing among small European banks
EUROPE – European smaller banks are increasing their use of subadvisors in order to be able to offer a broader selection of investment funds, says consultants Cerulli Associates.
-
News
Consultant places Euro 690m mandates on IPE Quest
GERMANY – Five mandates totalling 690 million euros have been tendered by an investment consultant on behalf of a German institutional investor on IPE Quest.
-
News
ADAM launches ‘new balanced’ approach for European institutions
EUROPE – The European asset management industry could well be moving away from traditional balanced portfolios to a new-type of balanced funds with elements of multi-management and specialisation, says Allianz Dresdner Asset Management (ADAM).
-
News
ABP’s chief investment officer backs equities
NETHERLANDS – The chief investment officer of Europe’s largest pension fund, the 133-billion euro Stichting Pensioenfonds ABP, has put his weight behind equities’ role in pension fund portfolios.
-
News
New head for Milliman Global network
GLOBAL - Carl Hansen has been appointed executive director of Milliman Global, an international organisation of actuarial and consulting firms that includes Hymans Robertson and Milliman UK.
-
News
Romania to raise pensions by 2.7% - report
ROMANIA – The Romanian government has decided to raise public pensions payments by almost three percent from next month, according to local reports.
-
News
Towers Perrin promotes 11 new principals in Europe
EUROPE - International consultants Towers Perrin has announced seven new principals to its European consulting practice. Four of these are in the UK, two in France and one each in Germany and Italy.
-
News
SWIP names head of Italian business
ITALY – Scottish Widows Investment Partnership has appointed Francesco Albano as its new head of Italian business development.
-
News
OPRA wants fund managers to blow whistle
UK - The Occupational Pensions Regulatory Authority has suggested that fund managers act as “whistleblowers” for mis-managed pension schemes – which a trade body said could result in a conflict of interest.
-
News
Dutch dental fund SPT names new director
NETHERLANDS – The 1.1 billion euro industry-wide pension fund for Dutch dentists has named Mr. B van de Belt as its new director.
-
News
ABP, PGGM oppose Telecom Italia-Olivetti merger
EUROPE – Some of Europe’s largest pension funds have backed a call opposing Telecom Italia’s planned merger with Olivetti.
-
News
Institutions flex muscles in Glaxo pay vote
UK – Shareholders have voted to reject a controversial pay package of the chief executive of drugs company GlaxoSmithKline - the first time a UK blue-chip company has had its pay scheme rejected by shareholders.
-
News
UK pension funds lack formal assessment of consultants
UK – An overwhelming majority of UK pension funds have no formal way of assessing the advice they receive from consultants, according to a new survey.
-
News
Citigroup AM hires Doyle from Allianz Dresdner
UK – Citigroup Asset management has appointed Frank Doyle of Allianz Dresdner Asset Management to head up institutional sale in the UK and Ireland.
-
News
West Sussex tenders property portfolio
UK – The 750 million pound (1.05 billion euro) West Sussex County Council pension fund has put its direct property portfolio up for tender.
-
News
UK’s Surrey Council looking for custodian
UK – Surrey county council is looking for a global custodian for its 850 million pound pension fund following Deutsche Bank’s exit from the custody market.
