All Alternatives articles – Page 102

  • News

    Hampshire appoints seven new managers, looks into hedge funds

    2006-10-18T15:55:50Z

    UK – The £2.5bn (€3.7bn) Hampshire County Council Pension Fund has completely overhauled its management structure. In a move from multi-asset to specialist managers it has re-appointed three of the old managers and awarded mandates to seven new managers.

  • News

    ABP to increase hedge fund exposure

    2006-10-18T15:47:34Z

    NETHERLANDS – The €200bn ABP pension fund of the Dutch civil servants will further raise its exposure to hedge funds in the future, Edwina Neal, CIO of equities at ABP, said at the Hedge 2006 conference in London. No details were disclosed but the exposure “will rise” she confirmed to ...

  • News

    Fund managers now using cash - Merrill survey

    2006-10-17T16:08:00Z

    GLOBAL - Investors are putting their cash back to work, following the 25% fall in the oil price, said Merrill Lynch’s David Bowers when presenting the findings of the firm’s October fund manager survey.

  • News

    Wiltshire fund tenders following review

    2006-10-16T16:01:49Z

    UK – The £1bn (€1.48bn) Wiltshire County Council Pension Fund is tendering for pension investment services representing a total of up to £525m in active currency, unconstrained global equity and long-short equity.

  • News

    RREEF nabs Coca-Cola UK real estate brief

    2006-10-16T16:00:51Z

    REAL ESTATE - RREEF will run the real estate element of the Coca-Cola Enterprises Pension Scheme.

  • News

    Nedlloyd scheme transfers real estate portfolio

    2006-10-16T15:59:52Z

    REAL ESTATE - Delta Lloyd Vastgoed will take over the direct real estate portfolio of the Nedlloyd Pension Fund, both parties have announced.

  • News

    British Airways pension fund sells property

    2006-10-16T15:58:28Z

    UK – A British Airways pension fund has sold a retail property in Stoke, central England, for £14.3m (€21.3m), according to a release.

  • News

    ABP names new quant head

    2006-10-16T15:55:59Z

    NETHERLANDS – Erik Rubingh has been promoted to new manager for global quantitative equity strategies at the investment arm of giant Dutch pension fund ABP.

  • News

    Newham Pension Fund ventures into active currency

    2006-10-13T15:53:44Z

    UK – The £540m (€747m) London Borough of Newham Pension Fund is looking to appoint one or more managers for a new active currency portfolio.

  • News

    AP6 sees €16m in convertible bond deals

    2006-10-12T16:08:24Z

    SWEDEN – The convertible bond product the Swedish buffer fund Sjätte AP-fonden, AP6, launched in January this year has been a success. Ideas for more product launches are being considered.

  • News

    Germany may ease hedge fund requirement

    2006-10-11T15:55:53Z

    GERMANY – To boost German hedge funds, the government will likely end a Depotbank requirement for the funds, permit them to invest in property and ease investment restrictions on institutions, according to industry players.

  • News

    Institutional interest in hedge funds ‘to grow’

    2006-10-10T16:17:30Z

    GLOBAL – Institutional flow into the hedge fund market will triple by 2010 to reach $1trn (€0.8trn), but only if returns continue to justify fees and higher risks and if managers can provide the quality demanded by institutions, according to new projections.

  • News

    DB buyout firm Synesis hires from Watson, L&G

    2006-10-10T16:15:42Z

    UK - New pension buyout firm Synesis Life has boosted its staff with hires from Watson Wyatt and Legal & General.

  • News

    German fund association names property head

    2006-10-10T16:14:09Z

    GERMANY – Fund industry association BVI has elected Bärbel Schomberg, chief executive of DEGI, as its chief spokeswoman for German real estate funds, including those for retail and institutional clients. The election was held at the weekend.

  • News

    Leicestershire tenders targeted returns

    2006-10-09T15:55:03Z

    UK – The £1.9bn (€2.8bn) Leicestershire County Council pension fund is looking for a targeted or absolute return manager to invest 5% of its portfolio.

  • News

    ABP’s Van de Vaart joins Morley

    2006-10-09T15:52:33Z

    REAL ESTATE – Morley has hired Paul van de Vaart from Stichting Penisoenfonds ABP to lead its real estate securities capability.

  • News

    AP3 puts €215m into fundamental indexing

    2006-10-09T15:50:13Z

    SWEDEN – The SEK196bn Swedish buffer fund Tredje AP-fonden, AP3, is putting an initial SEK2bn (€215m) into FTSE’s new Global Wealth Allocation fundamental index.

  • News

    Pension fund “lemmings” into hedge funds – IMF

    2006-10-09T15:49:26Z

    GLOBAL – Pension funds are going into hedge funds like lemmings, according to the International Monetary Fund’s research chief Raghuram Rajan.

  • News

    Germany considers private equity crackdown

    2006-10-06T16:04:25Z

    GERMANY – The German government is considering penalising private equity firms which it believes serve little or no macroeconomic purpose as part of an upcoming private equity law, according to deputy finance minister Barbara Hendricks.

  • News

    BP scheme backs Swedish venture fund

    2006-10-06T15:59:28Z

    EUROPE – The £12bn (€17.4bn) BP Pension Fund has been named as one of the investors in the new InnKap 4 fund of Swedish venture capital firm InnovationsKapital.