All articles by Carolyn Bandel – Page 48

  • News

    Pension buyout is cooking at Aga

    2007-09-11T12:30:00Z

    [13:30 CEST 11-09]UK – Aga Foodservices, the British oven maker, has said it is reviewing the "strategic options" for funding its £791.9m (€1.16bn) pension scheme.

  • News

    VB to set up separate pension commission

    2007-09-11T10:00:00Z

    [11:00 CEST 11-09] NETHERLANDS – The Dutch organisation for industry-wide pension funds, VB plans to establish a pension commission focusing on the export of the Dutch pension system.

  • News

    Sainsbury’s gets new pensions head

    2007-09-10T15:00:00Z

    [16:00 CEST 10-09] UK – David Brennan has been appointed as head of pensions at the £2.1bn (€3.1bn) pension fund of UK supermarket retailer J.Sainsbury.

  • News

    Dutch navy sinks Achmea

    2007-09-10T12:30:00Z

    [13:30 CEST 10-09] NETHERLANDS – The Dutch €3.4bn Merchant Navy Pension Fund (Bedrijfspensioenfonds voor de Koopvaardij) will end its management agreement with PVF Achmea at the end of this year, IPE has learnt.

  • News

    BlackRock co-founder leaves

    2007-09-07T15:00:00Z

    [16:00 CEST 07-09] GLOBAL – Ralph Schlosstein, president and co-founder of BlackRock has announced he will leave the company to "pursue other entrepreneurial interests”.

  • News

    Bingo group confirms pension fund sale plans

    2007-09-05T14:00:00Z

    [15:00 CEST 05-09] UK – Rank Group, the owner of Mecca Bingo and other gaming businesses, said it is contemplating putting its £700m pension scheme up for sale.

  • News

    VB issues warning on Dutch VAT (amended)

    2007-09-05T13:00:00Z

    [14:00 CEST 05-09] NETHERLANDS – The Dutch association of industry wide pension funds, VB has said the Dutch government should stop charging pension funds tax on the use of investment management services.

  • News

    Wednesday people roundup

    2007-09-05T12:30:00Z

    [13:30 CEST 05-09] GLOBAL – Morley, F&C, Fortis, Credit Suisse, Watson Wyatt, EIB, East Capital, AWD/MLP, BDO Stoy Hayward, ASSET4.

  • News

    Fonchim plans a guaranteed return fund

    2007-09-05T11:00:00Z

    [11:00 CEST 05-09] ITALY – The E1.7bn Italian Fonchim scheme, the closed fund for chemical and pharmaceutical workers, is planning to launch a guaranteed return fund early next year.

  • News

    PGGM appoints new chairman

    2007-09-03T16:11:00Z

    [17:11 CEST 03-09] NETHERLANDS – The €89bn Dutch pension fund PGGM has appointed Martin van Rijs as chairman of the executive board of its new administration cooperative.

  • News

    Fonchim taps Schroders for TFR

    2007-09-03T15:45:00Z

    [16:45 CEST 03-09] ITALY – The Italian €1.7bn Fonchim scheme, the closed fund for chemical and pharmaceutical workers, has appointed Schroders to manage its Trattamente di Fine Rapporto (TFR) assets.

  • News

    2007 is a good year for Dexia so far

    2007-08-31T15:55:00Z

    [16:55 CEST 31-08] BELGIUM – Belgian-French financial services group Dexia reported assets under management reached €111.1bn to June 30, up by 2.5% in the second quarter of 2007.

  • News

    SNS agrees securities bank takeover

    2007-08-31T15:00:00Z

    [16:00 CEST 31-08] NETHERLANDS – SNS Bank’s securities business has reached an agreement to buy specialist securities firm and institutional investment manager FBS Bankiers for an undisclosed amount.

  • News

    Subprime halves Belgian returns

    2007-08-31T14:00:00Z

    [15:00 CEST 31-08] BELGIUM – Belgian pension funds have lost around half of their the returns made in the first six months of 2007 during the recent subprime crisis, according the Belgian Association of Pension Funds (BVPI).

  • News

    CAAM reviews Italy range as AUM rises 15%

    2007-08-30T14:30:00Z

    [15:30 CEST 30-08] FRANCE – French bank Credit Agricole’s asset management division saw assets under management rise to €583bn in the first six months of 2007, of which Crédit Agricole Asset Management (CAAM) accounted for €565.7bn.

  • News

    AP4 sees assets climb to SEK214.2bn

    2007-08-30T14:00:00Z

    [15:00 CEST 30-08] SWEDEN – The SEK201bn AP4 scheme, the fourth Swedish national pension fund, has seen its capital value rise by SEK13.7bn (€1.6bn) to SEK214.2bn in the first six months of the year.

  • News

    AP1 and AP3 start year with strong equity returns

    2007-08-29T16:00:00Z

    [17:00 CEST 29-08] SWEDEN – Strong returns in listed stocks and private equity pushed up total assets at both AP1 and AP3 - two of the five Swedish ‘buffer funds’ - in the half year of 2007.

  • News

    Wednesday people roundup

    2007-08-29T13:30:00Z

    [14:30 CEST 29-08] GLOBAL – Fortis, Mercer, Northern Trust, EDHEC, The Pension Board, Corgwell, LaSalle, Riverstone, Threadneedle.

  • News

    Liechtenstein complications with Swiss fund

    2007-08-28T15:30:00Z

    [16:30 CEST 28-08] LIECHTENSTEIN/SWITZERLAND – The Swiss senate has raised enquiries about the linkage of Liechtenstein’s second pillar pension schemes to the Swiss pension protection fund.

  • News

    Middle-aged men 'dominate' pension trustee boards

    2007-08-28T15:00:00Z

    [16:00 CEST 28-08] UK – Pension trustee boards lack diversity, while trustees struggle coming to terms with the complexity of pension legislation, a new study has found.