All articles by Carolyn Bandel – Page 26

  • News

    Accounting standards are key cross-border barrier – EC

    2008-05-19T13:00:00Z

    [14:00 CEST 19-05] EUROPE – David Wright, deputy director-general of the Internal Markets and Services division at the European Commission (EC), has warned current accounting standards are a key obstacle for cross-border activity.

  • Finnish VER to boost alternatives
    News

    Finnish VER to boost alternatives

    2008-05-16T15:10:00Z

    [16:10 CEST 16-05] FINLAND – Valtion Eläkerahasto (VER), the €11.53bn Finnish first pillar pension scheme, is planning to increase its exposure to alternative investments to 10%.

  • News

    IORP II could replace "failed" IORP

    2008-05-16T12:40:00Z

    [13:40 CEST 16-05] EUROPE - The EU Directive on Institutions for Occupational Retirement Provision (IORP) has failed and should make way for a redrafted IORP II directive as soon as possible, members of a panel discussion warned in Brussels today.

  • News

    Pearl fund retreat hits Henderson's assets

    2008-05-15T14:00:00Z

    [15:00 CEST 15-05] UK – Henderson Global Investors saw its assets under management (AuM) drop by £3bn (€3.75bn) in the first four months of the year because of outflows and negative returns.

  • BNP Paribas AM sees €1.1bn in outflows
    News

    BNP Paribas AM sees €1.1bn in outflows

    2008-05-14T15:30:00Z

    [16:30 CEST 14-05] FRANCE – The asset management arm of French financials group BNP Paribas has posted €1.1bn of net outflows for the first quarter.

  • News

    Wednesday people roundup

    2008-05-14T14:30:00Z

    [15:30 CEST 14-05] GLOBAL: People roundup – PPF, JP Morgan Chase, SFMS, Pimco, FairPensions, AIG Investments, LCP, Mercer, Hewitt, Watson Wyatt, Optimal, LGV Capital, SSgA, Denominor, The Pensions Trust, Hymans Robertson.

  • News

    Montae ventures into investment consulting

    2008-05-14T10:00:00Z

    [11:00 CEST 14-05] NETHERLANDS – Montae, the Dutch pensions consulting and law firm, is rolling out a new investment consulting offering.

  • News

    Dutch funds brave elements despite buffer boost (amended)

    2008-05-13T15:15:00Z

    [16:15 CEST 13-05] NETHERLANDS – Despite their recovering financial buffers, Dutch pension funds have started venturing into direct gold investments, according to investment consultant Mercer.

  • News

    Longevity ups UK scheme costs by £8bn

    2008-05-13T15:00:00Z

    UK – The increase in life expectancy assumption for members added £8bn (€10bn) to pension funds’ liabilities last year, according to consultancy firm Mercer.

  • News

    Feri heavyweight quits Threadneedle

    2008-05-09T15:00:00Z

    [16:00 CEST 09-05] GERMANY – Oliver Roll, recruited by Threadneedle Investments last year from German investment consultant FERI to head its German institutional business, has resigned.

  • News

    Commission Frijns taps Munsters in continuing role

    2008-05-09T12:00:00Z

    [13:00 CEST 09-05] NETHERLANDS – The Corporate Governance Code Monitoring Commission , which tested the Tabaksblat Code, is now planning to implement a series of changes to corporate governance requirements.

  • News

    Publica dips into reserves to maintain cover ratio

    2008-05-08T14:45:00Z

    [15:45 CEST 08-05] SWITZERLAND – Publica, the CHF33bn (€20.35bn) pension fund for federal employees saw a return on its investments of 1.3% in 2007, but this is not enough to maintain its 2006 cover ratio.

  • News

    Aegon sees pension and asset management decline

    2008-05-07T15:15:00Z

    [16:15 CEST 07-05] NETHERLANDS – The Dutch financial group Aegon today announced its saw its assets under management (AuM) for the pension and asset management operation drop 8% in the first quarter of the year.

  • News

    FRR sacks managers over poor performance

    2008-05-07T14:45:00Z

    [15:45 CEST 07-05] FRANCE – FRR, the €34.5bn French national pension reserve fund FRR says it has dropped Crédit Agricole Asset Management and Capital International Limited following poor performance.

  • News

    Swiss PKG returns 2%

    2008-05-07T13:30:00Z

    [14:30 CEST 07-05] SWITZERLAND – The Swiss CHF2bn (€1.23bn) PKG Pensionskasse, the independent pension fund for small and medium-sized enterprises, booked a 2% investment return in 2007, maintaining its cover ratio.

  • News

    APG ventures into biotech via LSP

    2008-05-07T13:00:00Z

    [14:00 CEST 07-05] NETHERLANDS – APG Investments, the asset manager of giant Dutch pension fund ABP, will invest together with the Life Sciences Partner Group in the European publicly listed small-cap biotech market.

  • News

    Wednesday people roundup

    2008-05-07T12:30:00Z

    13:30 CEST 07-05] GLOBAL – Wednesday people roundup: State Street, Mercer, Cardano, Barrie & Hibbert, Sophis, SL Capital Parnters, SEB

  • News

    Paint and print fund goes fiduciary

    2008-05-06T14:30:00Z

    [15:30 CEST 06-02] NETHERLANDS/UK – The €125m Dutch pension fund for workers in the paint and printing industries (SBVD) has promoted its balanced mandate manager to the status of fiduciary manager.

  • News

    OECD and IOPS unite over pensions guidelines

    2008-05-06T13:30:00Z

    [14:30 CEST 06-02] GLOBAL – The Organisation for Economic Cooperation and Development (OECD) and the International Organisation of Pension Supervisors (IOPS) have today published licensing guidelines to improve the management of work-related pensions.