Asset Managers – Page 141
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Wednesday people [updated]
GLOBAL – PGGM, BlackRock, PensionDanmark, SPK, Nutmeg, Barings, KNG Securities, SLI
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Court backs pension fund's claim in mortgage-backed securities lawsuit
GLOBAL – Royal Bank of Scotland, Deutsche Bank dealt blow by US Court of Appeals in Manhattan.
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Benelux head at Goldman Sachs Asset Management to join BlackRock
NETHERLANDS – BlackRock to confirm Marc van Heel's new role at end of month.
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Pension funds planning new FoHF investments – report
GLOBAL – Preqin report cites FoHFs' long-term investment horizons.
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Friday people roundup
GLOBAL – Crédit Agricole, Royal London, Carmignac Gestion, Deutsche Bank, Nordbank, Lombard Odier
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Deutsche Bank rebrands AM divisions under 'super-brand'
GLOBAL – Deutsche Asset & Wealth Management to serve as ‘dominant super-brand’ for combined group
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Alternatives managers to benefit from investor-sentiment shift – Moody's
EUROPE – Ratings agency expects smaller mandates for more traditional strategies.
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MSCI index head warns investors to prepare for China's market opening
CHINA – 'Landmark' event could see MSCI Emerging Market index almost double China weighting.
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Wednesday people roundup
GLOBAL – ING, Swedish FSA, PFA, Affiliated Managers, AXA IM, BlueBay, NOW: Pensions
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USS calls for more flexibility in calculating scheme sustainability
UK – Accounting based around 'snapshot' of market should be given greater flexibility.
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Asset managers voice concerns over corporate bond indices
GLOBAL – EDHEC survey reveals growing worry over 'instability' of indices.
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Mandate roundup: Bromley, Baillie Gifford, Fidelity, Lothian, UBS, Lazard, Martin Currie
UK – Bromley tenders 70% of £530m portfolio, seeks to appoint three new global equity managers.
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Austrian pension fund association demands exemption from FTT
EUROPE – FVPK rejects European Commission claim that impact on schemes will be 'extremely limited'.
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Pension funds doubt EMIR will reduce derivatives risk
EUROPE – Majority of respondents to Redington poll admit to being unprepared for legislation.
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Mandate roundup [updated]: Kent County, Shropshire County, SEI
EUROPE – Superannuation fund looks to appoint managers to global equity framework agreement.
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Investors increasingly wary of corporate bond bubble – survey
EUROPE – Proportion of investors who consider corporate bonds overvalued doubles over last year.
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Brussels to 'calibrate' all directives with long-term investing Green Paper
EUROPE – Commissioner Michel Barnier says directives would include CRD IV, Solvency II and IORP II.
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Irish Life Investment Managers bought by Canada's Great-West
GLOBAL – Acquisition of ILIM parent recoups entire cost of €1.3bn bailout granted in 2012.
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Japan's Orix committed to Robeco's strategy following acquisition
GLOBAL – Dutch asset manager to retain CEO, management board as Orix buys 90% equity stake.