All articles by Carolyn Bandel – Page 4

  • News

    DNB to decide on more rescue measures

    2009-01-22T13:30:00Z

    [14:30 CET 22-01] NETHERLANDS – Dutch pensions minister Piet Hein Donner has said the Dutch central bank and pension regulator DNB will decide in the second half of February whether additional measures need to be taken to help pension funds survive the credit crunch.

  • FRR appoints BGI for equities
    News

    FRR appoints BGI for equities

    2009-01-21T15:25:00Z

    [16:25 CET 21-01] FRANCE – FRR, the €33bn French national pension reserve fund, has tapped Barclays Global Investors (BGI) for a €1bn European equities mandate.

  • News

    AP7 mulls more alpha centres

    2009-01-21T14:45:00Z

    [15:45 CET 21-01] SWEDEN – The SEK74bn (€6.9bn) Swedish pension fund Sjunde AP-Fonden (AP7) is planning to review its pure alpha investments to see if it can add more of its ‘alpha centres’.

  • News

    Wednesday people roundup

    2009-01-21T14:15:00Z

    [15:15 CET 21-01] GLOBAL – Mercer, Morgan Stanley, Capita Hartshead, Stenham, RLAM, Stamford Associates Limited, Credit Suisse, Acadian, Sal. Oppenheim.

  • News

    PPF 'concerned' over future claim growth

    2009-01-20T15:30:00Z

    [16:30 CET 20-01] UK – The Pension Protection Fund (UK), the UK's £5.2bn pension lifeboat fund, has revealed concerns over the growth in future claims from pension funds and the nature of recovery in the UK.

  • News

    PPM scheme mulls swaps and eurobonds (amended)

    2009-01-20T14:00:00Z

    [15:00 CET 20-01] SWEDEN – The Swedish Premium Pension Authority (PPM) is looking at investing in swaps and eurobonds to restock its buffers, according to its head of financial analyses, Sara Bergström.

  • News

    European Parliament approves UCITS IV proposal

    2009-01-20T13:00:00Z

    [14:00 CET 20-01] EUROPE – The European Parliament has approved the proposed reform of the UCITS (undertakings for collective investment in transferable securities) directive, and inserted provision for a management company passport.

  • News

    Further-nationalised RBS pushes derivatives

    2009-01-19T15:45:00Z

    [16:45 CET 19-01] UK – Royal Bank of Scotland (RBS), which was further nationalised today after making its biggest loss in history, has said it aims to roll out more so called ‘dynamic strategies’, a breed of structured products, for pension funds who seek alternatives to hedge funds.

  • News

    PPF ready to face Nortel's £1bn deficit

    2009-01-19T15:25:00Z

    [16:25 CET 19-01] UK – The Pension Protection Fund (PPF) today has said it would be able to handle a £1bn (€1.12bn) deficit, as the ailing UK pension scheme of defunct Canadian telecoms giant Nortel is poised to be placed in the UK lifeboat scheme.

  • News

    Pension funds invited for banking rescue talks

    2009-01-16T15:15:00Z

    [16:15 CET 16-01] NETHERLANDS – A group of pension funds and insurers today have taken part in talks between banks and the Dutch ministry of finance for a €200bn guarantee scheme for the Dutch banking sector.

  • News

    Lausanne pension gap needs CHF350m bridge

    2009-01-16T14:15:00Z

    [15:15 CET 16-01] SWITZERLAND – The Swiss city of Lausanne has proposed a CHF350m (€235.4m) injection for its ailing CHF1.09bn Caisse de Pensions de la Commune de Lausanne (CPCL) pension fund.

  • News

    ABP/PGGM energy fund invests in Italian sun

    2009-01-15T15:45:00Z

    [16:45 CET 15-01] NETHERALNDS – The €320m Ampère Equity Fund, a sustainable energy investment fund set up by Dutch pension funds ABP and PFZW, will hold a 49% stake in a new solar energy project in Italy.

  • News

    CoE commissioners seeks investment head

    2009-01-15T14:15:00Z

    [14:15 CET 15-01] UK – The £5.67bn (€6.3bn) Church Commissioners scheme of the Church of England (CoE) are looking to appoint a director of investments to oversee its equities and property investment teams.

  • News

    Merseyside invests in fundamental index fund

    2009-01-15T14:00:00Z

    [15:00 CET 15-01] UK – The £4.26bn (€4.8bn) Merseyside local authority pension fund is provided half of the funding for a new enhanced indexation-type fund launched by Nomura Asset Management.

  • News

    Asda taps Cardano for 'new-style' mandate

    2009-01-14T16:05:00Z

    [17:05 CET 14-01] UK – The £1bn (€1.1bn) group pension scheme of UK supermarket retailer Asda, has appointed Cardano’s London office for a so called 'solvency management' mandate.

  • News

    AFM to challenge EU real estate supervision cap

    2009-01-14T15:55:00Z

    [16:55 CET 14-01] NETHERLANDS – The Dutch Financial Market Authority (AFM) has asked the Dutch ministry of finance to lobby with the European Commission (EC) for changes to the European Prospectus Directive to increase the cap on supervision of real estate investments.

  • News

    Partners grows AuM by 32%

    2009-01-14T15:50:00Z

    [16:50 CET 14-01] SWITZERLAND – Swiss alternative asset manager Partners Group said demand in its core private markets such as private equity and private debt did not falter in 2008, reporting a 32% increase in assets under management (AuM) at the end of 2008.

  • News

    Wednesday people roundup

    2009-01-14T15:30:00Z

    [16:30 CET 14-01] GLOBAL – Watson Wyatt Heissmann, Aegon, Grant & Eisenhofer, GMAM, BNY Mellon, RBC Royal Bank, Henderson, Swisscanto, Gartmore, Universal Investment, Close Brothers, Northern Trust, Aon, SL Capital Partners, Mercer, West LB, BIS.

  • News

    Swiss investor goes into emerging markets

    2009-01-13T15:45:00Z

    [16:45 CET 13-02] SWITZERLAND – A Swiss institutional investors is searching for an emerging market equities manager for a $250m (€189m) mandate, using IPE Quest.