Asset Managers – Page 140
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News
President of Cyprus vows to protect accrued pension benefits
CYPRUS – Confusion still reigns in industry, however, as form plan might take remains unclear.
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Mandate roundup: Barking & Dagenham, BNY Mellon, Findel, Barnett Waddingham, Teesside
EUROPE – BNY Mellon wins £50m global credit mandate from Barking & Dagenham pension fund.
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Axa IM agrees management buyout of private equity division
EUROPE – 'Irrevocable' offer comes from senior management, led by CEO Dominique Senequier.
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European Commission unveils Green Paper on long-term financing
EUROPE – Stresses importance of ensuring prudential rules do not discourage long-term financing.
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Improving industry's fiduciary standards will lower fees – IMA
UK – IMA chief executive argues that greater focus on industry's 'end client' needed.
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Friday people roundup
GLOBAL – Pension Protection Fund, AHV, Generali, LGIM, Threadneedle, Ashcourt, Partnership
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F&C backs just half of pay-package proposals in 2012
GLOBAL – Asset manager votes against 23% of all management proposals.
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Swiss pension fund tenders $100m high-yield mandate
IPE-QUEST – Investor looking for active, bottom-up manager with strong credit research.
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Wednesday people [updated]
GLOBAL – BT, EC, Blue Diamond, Mitesh Sheth, Mercer, Premier, Lyxor, L&G, Buck, Generali
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Investors still 'nervous' about rotation into equities
GLOBAL – Barnett Waddingham says clients taking profit ‘whenever they can’.
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Former AP3 CIO appointed CEO at Switzerland's Blue Diamond
EUROPE – Erik Valtonen to head privately held investment boutique founded in 2009.
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Asian institutional tenders corporate bond mandate using IPE-Quest
GLOBAL – Investor on lookout for bottom-up, benchmark-agnostic asset manager.
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Friday people roundup
GLOBAL – ESMA, Forca, PPPF, Redington, Publica, Old Mutual, PPI, Pensions Trust, RLAM
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L&G eyes £1bn successor to UK Property Income fund
UK – Fund manager talks to investors after fully investing first fund.
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Legg Mason to launch infrastructure debt fund
UK – Launch follows similar moves recently made by Allianz Global Investors, BlackRock.
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Wednesday people roundup
GLOBAL – PPF, TPR, Coal Pension Trustees, Länsförsäkringar, Swiss Bankers, Aon Hewitt, Threadneedle
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Second-pillar payout legislation stymies Polish government
POLAND – Country's first large tranche of second-pillar retirees due in mid-2014.
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Experts point to unanswered questions over Swiss shareholder vote
SWITZERLAND – Bill may force smaller schemes to rely on handful of engagement firms.
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Mandate roundup: Robeco, Quonium, Environment Agency, East Sussex
UK – Environment Agency selects two managers for low-volatility equity mandate.
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Friday people roundup
GLOBAL – Lothian Pension Fund, Northern Trust, Royal London, Legg Mason Asset Management