All Alternatives articles – Page 111

  • News

    UK’s Kent County Council rejigs manager roster

    2006-05-17T04:37:00Z

    UK - The roughly £2.3bn (€3.4bn) Kent County Council pension scheme has axed Goldman Sachs Asset Management from a roughly £350m UK and overseas equities mandate amidst a strategic asset reshuffle at the scheme.

  • News

    CalPERS names 11 new managers

    2006-05-17T03:53:00Z

    GLOBAL – The California Public Employees' Retirement System, the $210bn (€163.8bn) public pensions giant, has selected 11 active international equity managers to manage portfolios in developed and emerging markets.

  • News

    SEB hit as asset management CEO quits

    2006-05-17T03:33:00Z

    SWEDEN – Harry Klagsbrun, chief executive of SEB Asset Management, has quit to join private equity firm EQT Partners as a senior partner.

  • News

    Big UK schemes back renewable energy fund

    2006-05-16T03:57:00Z

    UK – Major UK pension funds such British Airways, USS and South Yorkshire have invested in a fund specialising in renewable energy.

  • News

    Sal. Oppenheim buys into UK hedge funds

    2006-05-15T03:31:00Z

    GERMANY – Sal. Oppenheim, a German private bank, has acquired sizeable stakes in London-based hedge fund providers Attica Alternative Investments (AAI) and Integrated Asset Management (IAM). Financial details were not disclosed.

  • News

    Raise pension age to 67, says DNB president

    2006-05-15T03:16:00Z

    NETHERLANDS - The government should seriously consider raising the official retirement age by two years to 67, says De Nederlandsche Bank president Nout Wellink.

  • News

    Swiss schemes want investment rules relaxed

    2006-05-11T03:36:00Z

    SWITZERLAND – Swiss occupational pension funds want investment regulations relaxed, according to a survey by Swisscanto Asset Management.

  • News

    Hymans sees shift to global equities, bonds

    2006-05-09T03:50:00Z

    UK – The UK’s 50 largest fund managers saw an increased shift from UK equities to fixed income and global equities in 2005, according to an annual survey by Hymans Robertson.

  • News

    Luxembourg facing “stiff” pensions competition

    2006-05-09T03:17:00Z

    LUXEMBOURG – Luxembourg is likely to face “stiff” competition in the race to become the domicile of choice as European pension funds are privatised, according to a new report.

  • News

    West Sussex reviews €950m Baillie Gifford brief

    2006-05-08T03:51:00Z

    UK – Baillie Gifford could be axed as active balanced fund manager of the £1.4bn (€2bn) West Sussex County Council pension fund following the scheme’s regular review process.

  • News

    Aon puts €129m into UK pension plans

    2006-05-08T03:15:00Z

    UK – Consulting and insurance firm Aon Corp. says it put $164m (€129.3m) of financial instruments into its various UK pension schemes in the first quarter of this year.

  • News

    AP1 managers leave to form hedge fund

    2006-05-05T02:31:00Z

    SWEDEN – The roughly SEK33.6bn (€3.6bn) Swedish hedge fund outfit Brummer & Partners has nabbed two asset managers from buffer fund Första AP-fonden, or AP1, to develop a new hedge fund.

  • News

    Morgan Stanley IM names alternatives chief

    2006-05-04T03:37:00Z

    GLOBAL – Morgan Stanley’s prime broker heavyweight and hedge fund specialist, Stu Bohart, has been appointed chief of alternative investments at Morgan Stanley Investment Management.

  • News

    Mn Services names equities director

    2006-05-04T03:03:00Z

    NETHERLANDS - Dutch fiduciary management firm Mn Services has named Patrick Wierckx as director of equities.

  • News

    Leicestershire axes BGI in review

    2006-05-04T03:03:00Z

    UK – The £2bn (€2.9bn) Leicestershire County Council Pension Fund has axed Barclays Global Investors as manager of a roughly £400m multi-asset class passive portfolio following a review of the scheme structure.

  • News

    Swiss schemes still cutting domestic securities

    2006-05-03T03:54:00Z

    SWITZERLAND – Swiss pension funds have continued to cut their allocation to domestic bonds and equities, according to a report from Credit Suisse.

  • News

    French reserve fund grows to €28bn

    2006-05-03T03:23:00Z

    FRANCE - The FRR, the Fonds de Réserve pour les Retraites or French Pensions Reserve Fund, has grown to €28.1bn after making a 4.3% return on assets in the first quarter.

  • News

    LPFA under attack in arms investments claims

    2006-05-02T03:11:00Z

    UK – The roughly £3.5bn (€5bn) London Pension Fund Authority – which manages London mayor Ken Livingstone’s pension scheme – has more than £11m invested in some of the world’s largest arms manufacturers, according to the Campaign Against Arms Trade (CAAT).

  • News

    Espoo to recruit six fund managers

    2006-05-02T03:10:00Z

    FINLAND - Finnish city, Espoo, is scouting for investment teams to manage a new €364m fund being created.