All articles by Barbara Ottawa – Page 123

  • News

    Eurosif head of research Tagger leaves

    2006-11-02T15:50:24Z

    EUROPE – Jerome Tagger, head of research at the European Social Investment Forum (Eurosif), has left and won’t be directly replaced.

  • News

    Complementa consultant Frei to leave

    2006-11-02T15:48:48Z

    SWITZERLAND – Michael Frei, investment controller at Swiss pension consultant Complementa Investment-Controlling, is to leave the company on December 20, it was confirmed.

  • News

    Storebrand boosted by Norway’s pension regulations

    2006-11-01T15:59:07Z

    NORWAY – Following the introduction of mandatory group pension schemes in Norway earlier this year financial group Storebrand could secure 7,200 new mandatory occupational pension schemes, 3,350 of them in the third quarter.

  • News

    Furlonger joins Aon for new EU consulting practice

    2006-11-01T15:54:12Z

    EUROPE – Geoffrey Furlonger, who joined Aon Consulting Worldwide from Lombard International Assurance last month, will now head the new EU practice in Belgium.

  • Features

    Return of the absolute

    November 2006 (Magazine)

    Swedish managers are coming to terms with the new environment. Barbara Ottawa reports

  • News

    Hampshire tenders advice on alternatives

    2006-10-30T15:58:52Z

    UK – The £2.5bn (€3.7bn) Hampshire County Council Pension Fund is seeking advice on alternative investments. The tender follows an overhaul of the fund’s management structure from multi-asset to specialist mandates.

  • News

    UK and Irish pooled pension funds recover from Q2

    2006-10-25T16:05:08Z

    EUROPE – UK pooled pension funds returned 3% on average after posting negative returns of 4.1% earlier this year. In Ireland, the median return of pooled pension funds in the third quarter was 5.4%.

  • News

    FRR re-awards transition broking brief

    2006-10-25T15:54:26Z

    FRANCE – The €29.1bn, Fonds de Reserve pour les Retraites, the French Pension Reserve Fund, has re-awarded a transition broker contract to Goldman Sachs International.

  • News

    Durham shakes up £1.3bn council pension fund portfolio

    2006-10-25T15:45:00Z

    UK – The £1.3bn (€1.9bn) Durham County Council pension fund is set for a complete overhaul of the fund’s investments in an attempt to address the £321m fund deficit. The mandates tendered see a stronger emphasis on bond exposure.

  • News

    NPRF records strong positive 6.9% return in 2006

    2006-10-24T16:13:06Z

    IRELAND – The €17.6bn Irish National Pensions Reserve Fund reported positive investment returns both for the third quarter (5.5%) and over the last 10 months (6.9%) after negative returns (-3.8%) in the second quarter.

  • News

    Audit Commission says London pension fund admin too expensive

    2006-10-24T16:09:24Z

    UK – “The average administration cost per London council scheme member is £126 (€188) compared to only £44 for metropolitan council funds,” the Audit Commission finds in its study on London council pension funds.

  • News

    TFR transfer agreement could be €5bn boost to Italian pension funds

    2006-10-24T15:59:11Z

    ITALY - A compromise reached in Italy will see approximately one third of the €19bn expected yearly in severance payments (TFR) being transferred into private pension funds, one third going into a state pension fund (INPS) and one third staying with small companies, the government estimates.

  • News

    Pensions buy-out player Paternoster signs first deals

    2006-10-23T16:03:51Z

    UK – The newly established pension fund buyout company Paternoster has signed its first five deals, a spokeswoman confirmed to IPE. However, no details were given.

  • News

    Irish fund servicing industry reaches $1.2trn

    2006-10-23T15:56:58Z

    IRELAND – Over $1.2trn (€955bn) in funds were serviced in Ireland as at 30 June 2006. The industry grew 28% over the last year, according to Lipper Fitzrovia’s 12th annual Dublin Fund Encyclopedia.

  • News

    €30bn London fund merger proposed

    2006-10-20T15:52:57Z

    UK – A new report will suggest merging London pension schemes into one or two funds with a combined value of approximately £20bn (€30bn), according to a newswire report.

  • News

    RBC Dexia Europe chief exits over strategy

    2006-10-19T16:08:47Z

    LUXEMBOURG – Michel Malpas, chief executive of RBC Dexia investor Services, the joint venture’s primary operating arm in Europe, has left the company.

  • News

    Hampshire appoints seven new managers, looks into hedge funds

    2006-10-18T15:55:50Z

    UK – The £2.5bn (€3.7bn) Hampshire County Council Pension Fund has completely overhauled its management structure. In a move from multi-asset to specialist managers it has re-appointed three of the old managers and awarded mandates to seven new managers.

  • News

    ABP to increase hedge fund exposure

    2006-10-18T15:47:34Z

    NETHERLANDS – The €200bn ABP pension fund of the Dutch civil servants will further raise its exposure to hedge funds in the future, Edwina Neal, CIO of equities at ABP, said at the Hedge 2006 conference in London. No details were disclosed but the exposure “will rise” she confirmed to ...

  • News

    Fund managers now using cash - Merrill survey

    2006-10-17T16:08:00Z

    GLOBAL - Investors are putting their cash back to work, following the 25% fall in the oil price, said Merrill Lynch’s David Bowers when presenting the findings of the firm’s October fund manager survey.

  • News

    Put third of assets into hedge funds, Myners says

    2006-10-17T16:02:46Z

    GLOBAL – The average pension fund should invest 25%-35% of its assets in hedge funds, says Paul Myners, the former Gartmore chief who wrote an influential report on institutional investment for the government.