Asset Managers – Page 197

  • AP1 pursues US small caps managers
    News

    AP1 pursues US small caps managers

    2008-09-08T14:45:00Z

    [14:45 CEST 08-09] SWEDEN - Första AP-fonden (AP1), the first Swedish national pension fund, is seeking both passive and active US small cap equity managers for a total portfolio valued at $500m (€351.7m).

  • News

    Polish payout bills get first reading

    2008-09-08T11:00:00Z

    POLAND – Two bills intended to complete Poland's pension reform had their first reading in the Polish Parliament on Friday and will now be passed to the parliamentary social insurance committee.

  • Siemens to create single manager selection platform
    News

    Siemens to create single manager selection platform

    2008-09-05T14:45:00Z

    [15:45 CEST 05-09] GLOBAL – The German electronics giant Siemens is working towards organising a single platform from its base in Munich for the asset manager selection of its various pension funds globally.

  • News

    Resolution rebranding to spark wider pensions push

    2008-09-04T16:05:00Z

    [17:05 CEST 04-09] EUROPE – Resolution Asset Management is rebranding as Ignis Asset Management and has plans to widen its appeal to European pension funds by harnessing the talents of its former Dutch pension fund experts at sister company Axial Investment Management.

  • News

    Swiss investor to award €70m equity mandate

    2008-09-04T15:50:00Z

    [16:50 CEST 04-09] SWITZERLAND - A Swiss institutional investor is looking for managers for a $100m (€70m) Canadian equity all-cap value mandate, using IPE Quest.

  • News

    AP4 splits passive global equity mandate into three

    2008-09-03T16:00:00Z

    [17:00 CEST 03-09] SWEDEN - Fjärde AP-fonden (AP4), the fourth Swedish national pension fund, has split its passive global equity mandate between three managers.

  • News

    Aegon’s cross-border arm to cooperate with €2.4bn APK

    2008-09-02T16:00:00Z

    [17:00 CEST 02-09] NETHERLANDS/AUSTRIA – The €2.5bn Austrian pension fund APK-Pensionskasse and Dutch insurer Aegon have signed a letter of intent that will allow both organisations to further expand internationally.

  • News

    AGI to become Germany's largest manager

    2008-09-02T15:40:00Z

    [16:40 CEST 02-09] GERMANY – Allianz today said the integration of Commerzbank’s €57bn asset management arm Cominvest will make its asset management offering, Allianz Global Investors (AGI), the largest asset manager in Germany.

  • News

    All-German deal to shrivel Dresdner Kleinwort

    2008-09-01T15:50:00Z

    [16:50 CEST 01-09] GERMANY – German Commerzbank’s acquisition of Dresdner Bank will see the newly-combined group’s investment banking activities reduced, but introduce a refocus on German companies.

  • News

    APG and Cordares: the marriage is 'formal'

    2008-09-01T15:15:00Z

    [16:15 CEST 01-09] NETHERLANDS – APG Investments - the wholly-owned asset management company of the giant Dutch pension fund ABP - and Cordares Holding have today formally merged.

  • News

    Aegon taps new Spanish wealth

    2008-08-29T15:45:00Z

    [16:45 CEST 29-08] SPAIN – Aegon, the Netherlands-headquartered insurer and asset manager, has taken a 50% stake in the life and pensions arm of north-eastern Spanish savings bank Caixa Terrassa for €190m, in a bid to expand the take-up of its life and pensions offering.

  • News

    Norfolk awards active currency mandates

    2008-08-26T15:45:00Z

    [16:45 CEST 26-08] UK – Norfolk County Council has awarded active currency mandates to Goldman Sachs Asset Management and Auriel Capital Management.

  • News

    Dutch SCA funds go fiduciary

    2008-08-18T13:30:00Z

    [14:30 CEST 18-08] NETHERLANDS – Two Dutch corporate pension funds of global consumer goods and paper company SCA with combineds assets of €360m have chosen asset manager Mn Services as its fiduciary manager.

  • News

    Private equity caught in 'transition' in H2

    2008-08-14T15:00:00Z

    [16:00 CEST 14-08] EUROPE – In the second half of this year the buyout market will be caught in a transition period and the private debt sector will see a correction, Swiss alternative asset manager Partners Group has predicted.

  • News

    UK regulator fines Credit Suisse over 'rogue traders'

    2008-08-13T16:00:00Z

    [17:00 CEST 13-08] UK – Credit Suisse has been hit with a £5.6m (€7m) fine from the UK’s Financial Services Authority for failing to keep an eye on activity inside its business which led to the “mis-marking and mis-pricing” of some of its asset-backed securities.

  • News

    Swedish financial system faces 'significant challenges'

    2008-08-13T15:50:00Z

    [16:50 CEST 13-08] SWEDEN - The Finansinpektionen (FI) has warned while the Swedish financial system has "fared well" in the current market environment, there is "no guarantee" the firms it supervises will not suffer difficulties.

  • News

    Operational change at €5.9bn German church fund

    2008-08-13T15:30:00Z

    GERMANY – The €5.9bn German pension fund for church employees in Rhineland and Westphalia has announced it will restructure its investment operations, while pushing for more alternatives and diversity through indirect real estate.

  • News

    Ethos warms to 'positive' UBS moves, but S&P is hesitant

    2008-08-13T15:15:00Z

    [16:15 CEST 13-08] SWITZERLAND – The Swiss Ethosfund has welcomed new appointments to the UBS board but ratings agency S&P is still questioning whether the Swiss-based firm can improve its position in the short-term.

  • News

    TIAA-CREF hunts real estate via London office

    2008-08-12T15:00:00Z

    [16:00 CEST 12-08] US/UK – The New York-based Teachers Insurance and Annuities Association-College Retirement Equities Fund (TIAA-CREF), the second-largest retirement plan in the US with assets of $420bn (€281bn), has launched its first overseas office in London.

  • News

    UBS moves for a three-way split

    2008-08-12T14:45:00Z

    [15:45 CEST 12-08] SWITZERLAND – Crisis-ridden Swiss bank UBS has decided to change its structure from a “one firm” business model to a group with three autonomous business divisions, in the wake of yet more losses at the firm.