All articles by Carolyn Bandel – Page 16
-
NewsBGI snaps up Fuhr
[15:00 CEST 08-09] UK – Barclays Global Investors (BGI) has today revealed it has signed Deborah Fuhr as its global head of a newly-created exchange traded funds (ETF) research and implementation strategy.
-
NewsFat cats stir Dutch pensions regulation
[13:45 CEST 08-09] NETHERLANDS – Dutch minister of finance Wouter Bos has withdrawn a measure that broke with the so reverse-rule (‘omkeerregeling’) which had been designed to limit tax benefits on pension contributions, but final pay pensions of above €500,000 will instead now be levied.
-
News€2.8bn media fund fancies alternatives
[16:10 CEST 05-09] NETHERLANDS – Officials at the Dutch pension fund PNO Media say they see fresh opportunities in investing in alternatives so plan to allocate another 5% of assets to this investment asset class this year.
-
NewsSiemens to create single manager selection platform
[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
€1.8bn German Verka fund divorces executives
[14:30 CEST 05-09] GERMANY – The supervisory committee of the Pensionskasse Verka, the €1.8bn German Evangelical Church fund, has sacked its executives Bernd Kühlein and Wolfgang Völkers following a special meeting on Tuesday.
-
News
Governance statement is 'tick-box exercise'
[16:50 CEST 04-09] UK – The Governance Compliance Statement proposed by the Department of Communities and Local Government (CLG) is likely to become “a simple tick-box exercise” for pension schemes, according to consultancy firm Mercer.
-
News
Swiss investor to award €70m equity mandate
[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
Pension funds far from banning the bomb
[16:25 CEST 04-09] NETHERLANDS – The Dutch Campaign Against Arms Trade (CtW) pressure group has lashed out at claims suggesting pension funds in the Netherlands are radically excluding the weapon industry from their investment portfolios.
-
News
Bavarian cooperative fund spreads its wings
[16:30 CEST 03-09] GERMANY – The €270m pension fund of the Bavarian cooperative Pensionskasse der Genossenschaftsorganisation VVaG has said it will expand beyond its Bavarian borders to target companies across the whole of Germany.
-
News
Wednesday people roundup
[16:00 CEST 03-09] GLOBAL – People roundup: IBM, Nordea, Henderson Global Investors, Mercer, Watson Wyatt, UBS Global Asset Management, Insight Investment, Unigestion, Barings, Teslin Capital Management, Sophis, CFA Institute.
-
News
Blue Sky Group seeks CIO (amended)
[11:45 CEST 03-09] NETHERLANDS – Fons Lute, chief investment officer of Blue Sky Group, the manager of KLM’s Dutch pension assets, has left to join PGGM.
-
News
Aegon’s cross-border arm to cooperate with €2.4bn APK
[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
Belgian returns slump to -7.8% in first half
[16:55 CEST 02-09] BELGIUM – Belgian pension funds booked an average negative return of -7.8% in the first six months of the year, down from 4% in the same period last year, figures from the Belgian Association of Pension Funds (BVPI) has revealed.
-
News
AGI to become Germany's largest manager
[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
[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'
[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
Robeco Corestone combo wins first mandate
[13:00 CEST 21-08] NETHERLANDS – The €90m Dutch corporate pension fund of GITP International has tapped Dutch financial group Robeco and its Swiss arm Corestone as its new fiduciary manager, IPE has learnt.
-
News
Cluster bombs force ethical change at Danica
[12:30 CEST 21-08] DENMARK – Danica Pension, the DKK241bn (€32.3bn) pensions arm of Danske Bank, is planning to roll out a new ethical investment policy from the end of next month, IPE has learnt.
-
News
Demands on rating agencies 'to hit pension funds'
[17:00 CEST 20-08] GLOBAL - Aon Consulting has alleged proposed regulatory demands on rating agencies could severely raise the risk of a large number of downgradings and impact pension funds as a result.
-
News
Czech pension funds' profits halve
CZECH REPUBLIC – Pension funds in the Czech Republic saw their profits halve in the first six months of the year following the negative developments on the capital markets.
