All articles by Helen Avery – Page 22
-
News
Frank Russell names Ueland as chief executive
GLOBAL – Multi-management specialist Frank Russell says chief operating officer Craig Ueland is to take over as global chief executive at the beginning of next year.
-
News
Trustees should give managers more freedom – HBW
UK – Pension fund trustees should allow fund managers more freedom when picking stocks, and let them make important investment decisions, says Hewitt, Bacon & Woodrow.
-
News
American Express to buy Threadneedle for E482m
UK/SWITZERLAND/US – Zurich Financial Services is to sell its UK asset management subsidiary Threadneedle Investments to American Express Co.
-
News
New Swiss postal scheme returns -3.1% in first year
SWITZERLAND – The Swiss post office workers’ pension scheme says it lost 3.1% in its first year – though it says there is no cause for concern at the moment.
-
News
Greens say German pension reform stalled
GERMANY – Green Party chief Reinhard Buetikofer has voiced concerns that pensions reform in Germany has come to a standstill, as the government continues to debate proposals but avoids making final decisions.
-
News
Reserve fund vital to French pension reform
FRANCE – French prime minister Jean-Pierre Raffarin needs to be clearer and more vocal about pension reforms if he is to stand a chance of winning over the unions and achieving long-term goals, say two professors from the European University Institute in Florence.
-
News
UK's Kent taps Baillie Gifford for equities
UK – Kent County Council has appointed Baillie Gifford to manage a 170 million pound (240 million euro) global equity mandate for its pension fund.
-
News
Austrian MPs pass pension reform bill
AUSTRIA – The Austrian parliament has passed the controversial pension reforms bill, although chancellor Wolfgang Schuessel had to concede on key points to calm rebellion among the two coalition parties.
-
News
Lacaille replaces Woods as SSGA's UK CIO
UK – State Street Global Advisors’ UK chief investment officer, Chris Woods, has been moved into a different role and is being replaced by Rick Lacaille, former head of structured products.
-
News
Germany’s Chemie Pensionsfonds return 6.8%
GERMANY - The German chemical industry’s sector-wide supplementary pension fund, Chemie Pensionsfonds, has produced a rate of return of 6.8% over the past year, says administrator HypoVereinsbank.
-
News
UK pension protection plans get mixed response
UK – Pensions minister Andrew Smith’s new proposals today to protect members of pension schemes have received a mixed response from the pensions community.
-
News
German property returns fall to 4.2%
GERMANY – Returns in the German property market fell from 5.9% to 4.2% in 2002, according to Investment Property Databank.
-
News
UK pension staff earnings rise 5.9% - report
UK – The earnings of UK pensions staff rose by 5.9% in the last year – though the rate of growth is slowing down.
-
News
ABN AMRO offer euro-based global emerging bond fund
NETHERLANDS – ABN AMRO Asset Management today launched a global emerging markets bond fund for euro-denominated investors.
-
News
French pensions bill goes to General Assembly
FRANCE – The French pensions reform bill was presented to the General Assembly today for approval, in spite of continued national strikes by public sector workers in protest at the proposals.
-
News
Insurer in E1.1bn Eurobond mandate via IPE-Quest
GERMANY – A German insurance company is tendering a 1.1 billion euro Eurobond mandate via IPE-Quest.
-
News
London police force sets up reserve pension fund
UK – London’s Metropolitan Police Authority has been forced to set up a pension reserve to tackle forecast pension budget annual increases of six to seven percent.
-
News
Mercer proposes standard pension calculation
UK – Mercer Human Resource Consulting has proposed a standardised method of calculating the cost to a company of executive pension provision.
-
News
First State Investments UK CEO quits
UK – Rob Adams, chief executive officer of First State Investments UK, international funds subsidiary of the Commonwealth Bank of Australia has resigned.
-
News
UK to respond to pension reform consultation
UK – Work and pensions minister Andrew Smith is set to respond to months of consultation on pension reform proposals this week.
