All articles by Helen Avery – Page 29
-
News
French government puts pensions proposals to social partners
FRANCE – The French government has put forward its proposals for pensions reforms to the social partners.
-
News
Beckers quits role at WestAM
EUROPE – Stan Beckers, global head of investments for WestLB Asset Management, has left the company.
-
News
Irish managed funds still in free fall
IRELAND – The average Irish pension managed fund fell 4.9% in the first quarter of this year according to research by Mercer Investment Consulting.
-
News
Fefsi accepts limited capital requirements need for fund managers
EUROPE – The European Federation of Investment Funds and Companies, FEFSI, says there is “limited justification” for capital requirements in investment fund management -pointing to the limited risk and limited operational losses involved in the sector.
-
News
Watson Wyatt faces legal challenge over advice
US – Consulting firm Watson Wyatt could be facing a lawsuit over advice it gave to a US pension scheme in the late 1990s – though it says it has fully answered the questions that were raised.
-
News
PGGM records first-quarter returns of -1.9%
NETHERLANDS - The 44.5 billion euro Dutch healthcare and social service fund PGGM has reported returns of –1.9% for the first quarter of 2003.
-
News
CalPERS pressures Glaxo on AIDS drugs
US – CalPERS, the US’s largest pension fund, is writing to GlaxoSmithKline urging the UK pharmaceutical company to re-evaluate its policy on AIDS drugs.
-
News
CSAM adds to UK institutional market team
UK – Credit Suisse Asset Management has added to its headcount in its UK institutional marketing team, with the appointment of Edward Jones.
-
News
Belgian pension returns fell 16% in 2002 - Mercer
BELGIUM – Belgian pension funds produced returns of –16.1% in 2002, according to the latest data from Mercer Human Resource Consulting.
-
News
Towers Perrin hires ex-Post Office pension chief
UK – Dermot Courtier, the former head of pensions and retirement provision at the UK’s Post Office, has been appointed as head of client services delivery at consultancy firm Towers Perrin.
-
News
Danish fund tenders debt mandate via IPE-Quest
DENMARK – A Danish pension fund has put out to tender a 50 million euro emerging market debt mandate via IPE-Quest.
-
News
Economy blamed for low Riester take-up
GERMANY – An independent think-tank has blamed the slow take-up of Germany’s private pensions products, Riester-Rente, on the weak economic situation and the products’ lack of simplicity.
-
News
E1.13bn Dundee taps Goldman, Alliance Bernstein
UK – The Dundee City Tayside Superannuation fund has appointed Goldman Sachs Asset Management and Alliance Bernstein for its 775 million pound (1.13 billion euro) fund.
-
News
Global investment fund assets fall 18% - FEFSI
GLOBAL – Worldwide investment fund assets, comprising US mutual funds and UCITS, were 10.7 trillion euros at the end of 2002, having dropped 18% over the year, according to the latest figures from FEFSI, the European Federation of Investment Funds and Companies.
-
News
Hackney appoints specialists for e509m scheme
UK – The London Borough of Hackney pension fund has announced the appointment of a series of specialist managers for its 350 million pound (509 million euro) scheme.
-
News
ABN Amro to offer Belgian pension insurance
BELGIUM – ABN Amro is upping its presence in the Belgian second and third pillar pension markets by partnering up with Belgian social insurance provider Acerta to offer supplementary pension insurance.
-
News
French pension reform bill set for April 18
FRANCE – The French pension reform bill will be presented on April 18, the French government has confirmed, following talks with the unions last Friday night.
-
News
UK’s HighamNobbs adds 200 staff, rebrands
UK – Insurance and pension industry consulting firm HighamNobbs Consulting is to change its name and take on 200 new employees as it expands its core business.
-
News
UK managed assets total e2.8trn - IMA
UK – Assets managed in the UK as of end of June 2002 were 1.93 trillion pounds (2.8 trillion euros) according to the latest fund manager survey by the Investment Management Association.
-
News
Switzerland’s Valais suspends pension manager
SWITZERLAND – The council of the Swiss canton of Valais has suspended the president of the investment committee for the Valais pension fund for teachers with immediate effect due to “irregularities”.
