All articles by Carolyn Bandel – Page 33

  • News

    Asset managers "too comfortable with core" – Edhec

    2008-02-25T15:30:00Z

    [16:30 CET 25-02] EUROPE – Investment professionals more often than not remain inside their comfort zone despite knowing about new techniques and research, French business school Edhec has suggested.

  • News

    German blue-chip invests in insurer’s cover fund

    2008-02-25T14:15:00Z

    [15:15 CET 25-02] GERMANY – The Pensionsfonds of Europe’s third largest truck maker, Man AG will has invested €220m of its assets in German insurer Allianz Leben’s cover fund.

  • News

    Heijting defects to ING pension fund

    2008-02-22T15:10:00Z

    [16:10 CET 22-02] NETHERLANDS – The €10bn pension fund of Dutch ING bank has named Daan Heijting, who until now was director of the PNO Media industry-wide fund, as its new director.

  • News

    NIBC reveals €3m loan to pension fund

    2008-02-22T14:45:00Z

    [15:45 CEE 22-02] NETHERLANDS – Troubled Dutch investment bank NIBC today revealed it has advanced a subordinated loan of €3m to its €130m trustee-administered pension fund.

  • News

    BPF Bouw scheme returns 5.1% in 2007

    2008-02-22T11:00:00Z

    [12:00 CET 22-02] NETHERLANDS – The €26bn scheme for the building industry BPF Bouw booked a total investment return of 5.1% last year.

  • News

    BNP Paribas sees assets drop €4.1bn in Q4

    2008-02-21T15:30:00Z

    [16:30 CET 21-02] FRANCE – The asset management and services (AMS) division of French bank BNP Paribas saw its assets under management drop €4.1bn in the last quarter of 2007.

  • News

    TNO concedes to 'bad start' in 2008

    2008-02-21T15:15:00Z

    [16:15 CET 21-02] NETHERLANDS – The €1.952bn TNO Pensioenfonds has admitted it has had a bad start to the year, following a total investment return of just under 2% in 2007.

  • News

    From Britney to Boyzone: ABP forays into music

    2008-02-21T14:30:00Z

    [15:30 CET 21-02] NETHERLANDS – The €217bn Dutch pension fund ABP has bought €140m worth of European publishing rights from Universal Music Group containing 'evergreen' songs such as Lady in Red and I Believe I Can Fly.

  • News

    Dutch review full-time pension at 65

    2008-02-20T15:20:00Z

    [16:20 CET 20-02] NETHERLANDS – The Dutch minister for social affairs, Piet Hein Donner, is drafting a white paper to promote a part-time pension for employees aged 65 and above.

  • News

    Allianz launches German 'fiduciary' service

    2008-02-20T15:10:00Z

    [16:10 CET 20-02] GERMANY – Allianz Global Investors Deutschland and its life insurance cousin, Allianz Lebensversicherungs AG, have founded a joint subsidiary Allianz Treuhand, to serve its corporate pension clients as trustee.

  • News

    ING investment arm sees Q4 fall

    2008-02-20T15:00:00Z

    [16:00 CET 20-02] NETHERLANDS – Dutch financial group ING today announced its investment management arm has posted a €3.6bn reduction in assets under management for the fourth quarter of 2007.

  • News

    Wednesday people roundup

    2008-02-20T13:30:00Z

    [14:30 CET 20-02] GLOBAL – People roundup: LODH, VBL, SSGA, F&C, ABP, Scottish Pensions Trustees, P-Solve, Watson Wyatt, IPM.

  • News

    Unilever fund hits back in indexation dispute

    2008-02-19T15:55:00Z

    [16:55 CET 19-02] NETHERLANDS – Progress, the €4bn Dutch pension fund of Unilever, has lashed back at allegations from members it is not making enough payments, saying its indexation policy has not changed.

  • News

    PNO Media ends year with negative return

    2008-02-19T15:50:00Z

    [16:50 CET 19-02] NETHERLANDS – The €2.73bn industry-wide PNO media pension fund lost fifty basis points on its investments in the last quarter of 2007, pushing the cover ratio down to just over 123%.

  • News

    Ethos 'unsatisfied' with UBS' answers

    2008-02-19T14:00:00Z

    [15:00 CET 19-02] SWITZERLAND – The Swiss pension fund-owned asset manager Ethos has said the answers UBS provided to its shareholders to explain its losses during the subprime crisis are unsatisfactory.

  • News

    AP4 seeks heads of equities and fixed income

    2008-02-18T15:20:00Z

    [16:20 CET 18-02] SWEDEN – The SEK207.3bn (€22.3bn) AP4 buffer fund is looking for a new head of equities and a new head of fixed income and currency, following the departure of Anders Årjes and Leif Hässel.

  • News

    Germans depart from equities and bonds in 2007

    2008-02-18T12:30:00Z

    [13:30 CET 18-02] GERMANY – The German association of investment and asset management said Germany’s investment management businesses grew by €60bn to €1.7trn in 2007, despite outflows from equity and bond funds.

  • Institutions commit $10bn to climate change
    News

    Institutions commit $10bn to climate change

    2008-02-15T15:15:00Z

    GLOBAL – A coalition of over 40 European and US institutional investors, with combined assets under management of $1.75trn, have launched a climate change action plan, including a $10bn investment.

  • News

    PNO taps Hermes in restructured SRI

    2008-02-15T14:00:00Z

    [15:00 CET 15-02] NETHERLANDS – The €2.8bn industry-wide PNO media pension fund has restructured its social responsible investment (SRI) policy, and tapped British Telecom’s Hermes Equity Ownership Services as external SRI advisor.

  • East Flanders buys into solar power
    News

    East Flanders buys into solar power

    2008-02-15T12:00:00Z

    [13:00 CET 15-02] BELGIUM – The pension fund of the Belgian East Flanders region will invest in a €117m renewable energy project via the Gent-based solar energy specialist Enfinity1.