All articles by Carolyn Bandel – Page 58
-
News
Kempen expands fiduciary team
NETHERLANDS – Dutch merchant bank Kempen & Co has hired ING Investment Management’s Marco van Rijn in a move to expand its fiduciary business.
-
News
Wednesday people roundup
Insight, Barings, BlackRock, Mercer, Henderson, CSAM, PensionsRisk, Northern Trust, Dexia AM, Fabien Pictet, Sacker & Partners, Mellon.
-
News
AXA IM nabs Fidelity’s Hall for UK role
UK – Martin Hall, co-head of fixed income at Fidelity International, has been appointed as the new head of AXA Investment Managers (AXA IM) in the UK.
-
News
Pension funds go for Greek bonds (update)
GREECE – Pension funds were among the buyers of €3.5bn in inflation-linked long-dated bonds issued by the government yesterday (updates to delete Greek).
-
News
UK’s PPF appoints pool of legal advisers
UK – The Pension Protection Fund has appointed 27 law firms to provide legal advisory services.
-
News
Pension impact in TNT job cull
NETHERLANDS – TNT Post, the Dutch postal service company, has announced possible changes to its pension scheme amid a cull of around 7,000 of its total 58,000 jobs.
-
News
Belgian builders appoint Hewitt
BELGIUM – Belgian industry-wide construction workers’ scheme PensioB has appointed Hewitt Associates to design a tailor-made pension administration tool.
-
News
Irish reserve fund’s real estate chief departs
IRELAND – Ian Gleeson, head of property at Ireland’s €18.8bn National Pensions Reserve Fund, is to join Morley Fund Management.
-
News
AZL facing court action from Dutch miners
NETHERLANDS – Dutch mineworkers are preparing legal action against pensions provider AZL in a dispute over payouts.
-
News
Troubled Greek scheme gets new head
GREECE – Andreas Kintis has been appointed as the chairman of the Greek Civil Servants’ Auxiliary Fund (TEADY), following his predecessor’s forced resignation over bond-overpricing allegations.
-
News
Ex-ABP chief outlines Axial strategy
NETHERLANDS/UK – Jan Straatman, the former capital markets head at Dutch pension giant ABP, has outlined his investment strategy for new London-based asset manager Axial.
-
News
Pension funds criticise Philips’ €1m executive bonus
NETHERLANDS – Several Dutch institutional investors, have criticised Philips president and chief executive Gerard Kleisterlee’s €350,000 bonus for the sale of the company’s semiconductors arm.
-
News
Dutch court bans DSM loyalty bonus
NETHERLANDS – A Dutch court has barred chemicals group Royal DSM from implementing its loyalty dividend.
-
News
Dutch add €4bn in private equity
NETHERLANDS – Dutch pension funds are raising exposure to private equity, according to a study by national regulator, De Nederlandsche Bank (DNB).
-
News
Wednesday people roundup
DeAM, Eumedion, Dexia AM, Mn Services, HSBC, Aberdeen, AG, LGT Capital, Vescore
-
News
Netherlands re-opens long bond issue
NETHERLANDS – The Dutch State Treasury Agency (DSTA) will on May 8 re-open its 2005 30-year bond by tap auction.
-
News
Hewitt replaced by Hymans at University of Exeter
UK – The £65m (€95.64m) University of Exeter Retirement Benefits Scheme (ERBS) has replaced its investment consultant Hewitt Bacon & Woodrow, the UK business of Hewitt Associates, as part of an on-going review of service providers.
-
News
ABN launches climate change index
NETHERLANDS – ABN Amro today said it has launched the world’s first climate change and environmental equity index as part of its eco-markets business platform.
-
News
£9.4bn Strathclyde to reconsider hedge funds and commodities
UK – Strathclyde, the £9.4bn (€13.84bn) local authority fund administered by Glasgow City Council, will consider investing in hedge funds and commodities when the next investment review comes up in 2009.
-
News
Manager selection no 'beauty parade', warns Watson Wyatt
EUROPE – Pension funds destroy value when selecting and deselecting managers solely based on performance, according to Edouard Stucki, senior investment consultant at Watson Wyatt.
