Asset Managers – Page 179
-
News
SFE tenders for pension provider but mulls own fund
[17:00 CEST 09-10] NORWAY – Sogn og Fjordane Energi AS (SFE), the Norwegian energy company, is re-tendering for a pension provider for its defined benefit (DB) occupational scheme, but is considering the possibility of joining with other energy companies to establish their own pension investment fund.
-
NewsFinland's Keva appoints Swiss Altis for manager analysis and monitoring
[15:26 CEST 07-10] FINLAND - Keva, the €22bn local government pension institution in Finland, has appointed Altis Investment Management to assist with external asset manager analysis and monitoring.
-
News
Tesco continues property deals with pension funds
[17:05 CEST 06-10] UK – Tesco has formed a fourth joint venture with a UK pension fund to sell and leaseback property assets in an effort to release value from its property portfolio.
-
NewsAviva to go ahead with Delta Lloyd IPO
[16:55 CEST 05-10] NETHERLANDS – Aviva has today confirmed it will float Delta Lloyd in a Dutch shareholder offering, although the parent group will continue to hold the majority share in the firm.
-
NewsRaiffeisen buys into Albanian pension system
[14:00 CEST 05-10] ALBANIA – The Albanian branch of the Raiffeisen group has bought the biggest pension provider in the market.
-
News
RPMI shake-up brings new admin head
[13:30 CEST 02-10] UK - Pensions administrator RPMI has completed a major restructuring designed to boost its third-party business potential which will see Xafinity’s Robert Branagh become managing director for administration within the newly-streamed RPMI team.
-
News
Eureko secures exit from Polish PZU row
POLAND – Eureko, the Netherlands-headquartered insurance group, has finally secured a financial settlement and exit strategy from its ownership of PZU following a long-running dispute with the Polish government.
-
News
North Yorks pension pulls out of pressured GTAA
[16:00 CEST 01-10] UK – The £1.04bn (€1.14bn) North Yorkshire Pension Fund has formally withdrawn its investment in a Global Tactical Asset Allocation (GTAA) strategy run by UBS, and from the asset class as a whole.
-
News
Profond changes fee-structure post-crisis
[16:10 CEST 30-09] SWITZERLAND – The CHF2.2bn (€1.46bn) Swiss multi-employer pensionskasse Profond has changed the fee structure for its portfolio managers, in a bid to reduce costs.
-
News
Swedish government to overhaul AP7
[16:00 CEST 30-09] SWEDEN - The Swedish government is proposing wide-ranging changes to the country’s premium-based pension system (PPM) and AP7 - responsible for managing the premium choice and default funds - which will see both scrapped and transformed into a single new type of fund, in a bid to ...
-
News
Swisscanto expands its pensions potential
[16:50 CEST 28-09] UK – Swisscanto, the asset manager, has widened its European presence and is now planning to target UK pension fund investor, even though it has operated in the UK for over 20 years.
-
News
Dilworth surfaces as Allianz GI's German CEO
[15:30 CEST 25-09] GERMANY - James Dilworth, former head of European at Morgan Stanley Investment Management, is joining Allianz Global Investors Germany from 12 October as its new chief executive, ahead of major changes to its European operational strategies.
-
News
Bulgaria may offer multifunds in 2010
[16:35 CEST 24-09] BULGARIA – Multi-funds, or investment portfolios with different risk profiles, could be introduced into the third pillar pensions regime next year if the government adopts a draft law by the end of 2009, the Bulgarian Association of Supplementary Pension Security Companies (BASPSC) has revealed.
-
News
Applying ESG to alternatives is tricky, reveals IPE survey
[16:30 CEST 21-09] EUROPE - Integrating environmental, social and governance (ESG) issues into alternative asset classes seems to be difficult, the findings of an IPE survey suggest.
-
NewsFSP and Lægernes roll-out DC plans
[16:00 CEST 18-09] DENMARK - Pension funds FSP and Lægernes are the latest in Denmark to create new defined contribution schemes to allow more members to take on more risk themselves rather than sticking to the safety of the traditional guaranteed return schemes.
-
News
BPK scraps additional contributions
[16:15 CEST 16-09] SWITZERLAND - The CHF7.9bn (€5.2bn) Bernische Pensionskasse (BPK) has reviewed its recovery plans and will reduce its interest rate paid to members from January, just as regular contributions will rise.
-
News
Manager risk appetite yet to match macro optimism
[16:00 CEST 16-09] GLOBAL – Fund managers remain optimistic about the macro environment as less than a third now believe the global economy is in recession, however 72% expect to see "below trend growth and inflation" over the next 12 months, the latest monthly survey from Merrill Lynch has revealed.
-
News
75% of fund managers expect fall in active fees
[17:45 CEST 14-09] GLOBAL - Three-quarters of fund managers expect the fees for active asset management to reduce this year, according to a survey conducted by Skandia Investment Group (SIG).
-
News
AIFM Directive may still be strengthened, warns Rasmussen
[17:30 CEST 11-09] EUROPE - Members of the fund management community have reacted angrily to suggestions that the scope of the European Union’s Draft Directive on Alternative Investment Fund Managers (AIFM) could be widened, and its provisions strengthened rather than weakened, before it becomes law.
-
News
Gloucestershire appoints global equity manager
[17:00 CEST 11-09] UK - Gloucestershire County Council has appointed GMO as global equity manager for its £737.5m (€843.2m) pension fund.
