All articles by Daniel Brooksbank – Page 44
-
News
Dutch funds' AlpInvest in German deal
GERMANY - AlpInvest, the private equity firm owned by ABP and PGGM, has completed a €47m deal in Germany with HarbourVest Partners.
-
News
Institutions pull €8bn from Schroders
UK – Schroders lost a further £5.6bn (€8.2bn) in institutional assets under management in 2005, although it said profit in the area increased by 15% due to higher margin business.
-
News
BGI gets E70bn asset inflow
GLOBAL - Barclays Global Investors gained £48bn (E70.4bn) in net new assets in 2005.
-
News
Russell hires from ING, Watson for Europe push
EUROPE – Multimanager specialist Russell Investment Group says it has hired staff from ING Investment Management and Watson Wyatt amid growth in Benelux and the Nordic countries.
-
News
US watchdog putting together consultant probe
GLOBAL – The Government Accountability Office, the US Congress’s investigative arm, is putting together a plan on how to look at potential conflicts of interest in the pension consulting industry.
-
News
Norway fund approaching one year’s GDP
NORWAY – The head of the Norwegian central bank, Svein Gjedrem, says the Government Pension Fund – Global, the former Petroleum Fund, is now approaching the value of one year’s GDP.
-
News
IPE-QUEST: Canadian firm tenders three briefs
CANADA – A Canada-based investment management firm which serves institutional and high net worth markets has tendered three mandates via IPE-Quest.
-
News
Moody’s clarifies ratings for unfunded pensions
GLOBAL – Moody’s Investors Service has updated its ratings methods to clarify some of its practices for unfunded pensions.
-
News
IPE-QUEST: Mideast co. tenders $50m of equities
GLOBAL – An investment company in the Middle East has tendered $50m (€41.8m) in actively managed Middle East and North African equities via IPE-Quest.
-
News
Report critical of World Bank pension role
GLOBAL – An internal World Bank report has criticised large elements of the bank’s involvement in pension reform around the world.
-
News
Sweden’s AP1 returns 17.5%
SWEDEN – Buffer fund Första AP-fonden returned 17.5% on its investments in 2005, 1.5% above benchmark, taking its net assets to SEK187.3bn (€20bn).
-
News
KAS Bank client pulls €30bn
NETHERLANDS – KAS Bank says one of Dutch sub-custody clients is to pull around €30bn – or around 10% of the assets the bank has under custody/administration.
-
News
UK govt actuary finance chief leaves
UK – Kim Clegg, finance director at the Government Actuary’s Department, is to leave her post to join another government department.
-
News
UK says gilt auction gets “robust” result
UK – The Debt Management Office says its auction of long-dated government bonds has met a “robust result”.
-
News
Varma returns 11.6% amid equity shift
FINLAND – Varma Mutual Pension Insurance Co. returned 11.6% on its investments last year – boosted by a shift into equities out of fixed income.
-
News
Netherlands wants to be pension fund domicile
NETHERLANDS – The Dutch central bank has set up a working group looking at ways of making the country an attractive domicile for pension funds, in the context of the directive on occupational pension funds.
-
News
ING institutional AUM rises 27% in year
NETHERLANDS – Institutional client assets under management at ING rose 27.5% to €104.9bn in 2005.
-
News
CalPERS in international fixed income RFP
US – The California Public Employees' Retirement System is looking to set up a “spring-fed pool” for international fixed income managers.
-
News
Norway fund may expand derivatives operations
NORWAY – The NOK1.2trn (€147bn) Government Pension Fund – Global may be expanding its derivatives operations.
-
News
Pension funds driving interest rates – BOE
UK – The Bank of England says pension funds could be behind the decline in long-term real interest rates.
