All Alternatives articles – Page 166
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News
Mellon the winner in HVB multi-manager launch
GERMANY – Mellon Financial Corp. is the biggest winner in HVB Group’s decision to launch the first ever German multi-manager programme for institutional clients, by winning seven of the 24 asset management slots available as well as other business, including custody.
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News
Fund managers team up against German tax proposals
EUROPE – Eleven US and European fund managers have joined forces to campaign against the German government’s new tax proposals, which they feel discriminate against foreign investment managers.
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News
Nasdaq launches European-specific ETF
EUROPE – Citing demand from European, and especially German, institutions, US-based stock exchange operator Nasdaq has launched a European-specific exchange traded fund based on the Nasdaq 100 Index.
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Features
Coping with fixed liabilities and volatile assets
Pension funds, and particularly defined benefit (DB) ones, are basically a bag of liabilities. These obligations have to be matched by both current assets and the future income stream. In the past 50 years, pension funds have benefited successively from high returns on equities, bonds, and equities again. Since September ...
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Features
Infrastructure as an alternative
Recent global market turmoil has seen a rebalancing of many pension funds’ portfolios away from listed equities and a greater willingness on the part of institutional investors to examine alternative asset classes. There have been many reports of increased allocations to private equity and hedge funds as well as a ...
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Features
AP7's private equity choice
Sweden’s seventh national pension fund, AP7, has allocated $84m (e86m) to two US-based private equity fund of fund managers, Hamilton Lane Advisors and HarbourVest Partners. Hamilton Lane will be managing a US private equity fund of fund portfolio balanced between buyout, venture and special situation funds including secondary interests. AP7 ...
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News
Pioneer names fixed income head in Dublin
IRELAND – UniCredito Italiano’s asset management arm Pioneer Investments has named a new head of fixed income in Dublin, Raffaele Bertoni. He will report to Mauro Ratto.