All articles by Barbara Ottawa – Page 105

  • News

    Federal support still uncertain at SBB

    2007-05-31T15:34:00Z

    [16:33 CEST 31/05] SWITZERLAND – The Swiss government has commissioned a study into how much it might have to pay into the underfunded pension scheme of the federal railways SBB.

  • News

    Glicenstein to head new BNP Paribas AM umbrella

    2007-05-31T15:33:00Z

    16:32 CEST 31/05] GLOBAL – Gilles Glicenstein, currently head of BNP Paribas Asset Management, has been named as head of the new umbrella brand the French bank has created.

  • News

    Hedge fund appetite creates new vehicle

    2007-05-31T15:30:06Z

    [16:30 CEST 31/05] GERMANY – The Pensionskasse for doctors in the Northrine area will invest around €200m in a new bespoke hedge fund product.

  • News

    Greek pension reform 'urgent' - OECD

    2007-05-31T12:16:20Z

    [13:16 CEST 31/05] GREECE – Pension expenditure is set to grow to one-fifth of Greece's GDP by 2050, the OECD warns.

  • News

    Aegon to buy another Polish pension fund

    2007-05-30T12:33:28Z

    [13:33 CEST 30/05] POLAND – Dutch company Aegon wants to increase its presence in the Polish retirement market by acquiring another second-pillar fund.

  • News

    SWIP reports good year for institutional business

    2007-05-29T16:08:31Z

    [17:08 CEST 29/05] UK - Scottish Widows Investment Partnership (SWIP) boosted its institutional sales last year mainly by winning a record number of UK mandates.

  • News

    FRR seeks help in active/passive decision

    2007-05-29T16:07:00Z

    [17:06 CEST 29/05] FRANCE – The €32bn Fonds de réserves pour les retraites (FRR) is looking for a database to help it decide on the right style for a mandate.

  • News

    Slovenia hears IMF age warning but cannot act

    2007-05-29T16:00:00Z

    SLOVENIA – The population of the southern European country of Slovenia is among the most-rapidly growing within the EU member states, noted the IMF in a paper on future pension threats to the country, but authorities argue systemic changes to pension provision are not possible.

  • News

    DAX blue-chip sets up Pensionsfonds

    2007-05-29T12:07:21Z

    [13:07 CEST 29/05] GERMANY – Energy giant RWE has set up a Pensionsfonds within its contractual trust agreement (CTA).

  • News

    Shareholders agree BoNY/Mellon merger

    2007-05-25T16:06:30Z

    [17:06 CEST 25/05] GLOBAL – Shareholders of Bank of New York (BoNY) and Mellon Financial Corporation have agreed the merger deal.

  • News

    UBS confirms Baer divestment

    2007-05-25T16:05:02Z

    [17:05 CEST 25/05] SWITZERLAND – Swiss bank UBS is looking for buyers for its 20.7% stake in private bank Julius Baer.

  • News

    JPMorgan offers Greek pension funds pay-back

    2007-05-25T16:00:32Z

    [17:00 CEST] GREECE – JPMorgan has signed an agreement with London-based hedge fund North Asset Management to repurchase €280m in structured bonds sold to Greek investors.

  • News

    Tax exemption end will cut pension provision - aba

    2007-05-24T12:16:24Z

    [13:16 CEST 24/05] GERMANY - aba, the German association of occupational retirement, predicts there will be a 20% drop in occupational pension provision from 2009 if employers’ tax exemptions on social contributions are withdrawn.

  • News

    Portability faces death threats

    2007-05-24T09:59:21Z

    [10:59 CEST 24/05] EUROPE – The European Commission's proposals for an EU pensions portability directive are endangering occupational retirement provision, delegates at the aba-conference were told.

  • News

    Pension funds contribute 20% to CEE wealth increase

    2007-05-23T10:05:05Z

    [11:05 CEST 23/05] EUROPE – Pension funds in Central and Eastern European (CEE) aided a 14% wealth increase for people in the region, a UniCredit study has found.

  • News

    Leicestershire chooses hedge funds manager

    2007-05-23T10:00:46Z

    [11:00 CEST 23/05] UK – The £1.9bn (€2.8bn) Leicestershire County Council pension fund found a manager for a £105m targeted return mandate.

  • News

    NBIM appoints real estate manager

    2007-05-22T15:28:30Z

    [16:27 CEST 22/05] NORWAY – Paul Golding is joining Norges Bank Investment Management (NBIM) to prepare what appears to be the bank's first foray into international real estate to invest assets of the NOK1.88trn (€230bn) Norwegian Government Pension Fund – Global.

  • News

    M&S property plug cuts deficit to £283m

    2007-05-22T15:28:00Z

    [16:28 CEST 22/05] UK – Payments made under the recently-signed real estate partnership have brought Marks & Spencer's pension deficit down to £283m (€414.7m).

  • News

    Watson Wyatt set to buy Heissmann

    2007-05-22T13:55:00Z

    [14:55 CEST 22/05] EUROPE – Watson Wyatt is intending to take over the established German consultancy firm Dr Dr Heissmann.

  • News

    NAPF to uncover major pension fund concerns

    2007-05-22T12:00:09Z

    [13:00 CEST 22/05] UK – Pension fund associates can now register their greatest worries with the National Association of Pension Funds (NAPF) in an online poll.