All articles by Hugh Wheelan – Page 11
-
News
Van Bakel to replace Huibrechtse at SFB
NETHERLANDS – Jan van Bakel has been named as the new director of investments with the e18.4bn Amsterdam based SFB Vermogensbeheer group, the third party asset management outfit created by the Dutch industry-wide pension fund for building workers.
-
Features
Wise men to advise parliament
The European Parliament’s Committee on Economic and Monetary Affairs is to set up a panel of financial services experts to advise it on the package of measures outlined in the Financial Services Action Plan, which includes the European pensions directive and the Lamfalussy report. The panel will be composed of ...
-
News
One million Croatians start funded pensions regime
CROATIA – Around one million Croatians have begun making contributions to the country’s new mandatory supplementary pensions system after the new regime kicked in on January 1....
-
News
UK pension funds reduce property exposure
UK - Pension funds and insurance companies decreased their exposure to commercial property by £75 million in the third quarter of 2001 - the first quarter of negative net investment since the quarter following the emerging market crisis at the end of 1998, according to National Statistics data published today ...
-
News
WM challenges manager replacement convention
UK/EUROPE - Replacing an underperforming pension fund manager usually ends in disappointment for most pension funds, according to new research produced by the WM Company....
-
News
Litvack to head Friends Ivory & Sime SRI unit
UK - Friends Ivory & Sime (FIS) has promoted Karina Litvack to head its socially responsible investment (SRI) team as director of governance & socially responsible investment (GSRI), following the departure of Craig Mackenzie...
-
News
A.G. Bisset wins Firemen's overlay mandate
US/EUROPE – US currency overlay specialist A.G. Bisset & Company, has won a mandate to actively manage the currency exposure of $85m in EAFE invested equity portfolios for the $1.3bn Firemen’s Annuity and Benefit Fund of Chicago....
-
News
Luxembourg introduces new funds tax
LUXEMBOURG – A new annual subscription tax rate for Luxembourg domiciled investment funds has been introduced that sees the old tax rate (taxe d’abonnement) reduced from 0.06% to 0.05% to be paid on net assets under management.....
-
Features
Pinning hopes on the Spanish
Goodbye Belgium, hello Spain then. After much expectation that the pan-European pensions directive would get a sympathetic hearing during the Belgian presidency – Belgium itself in the midst of introducing occupational pensions law not a million miles from the EC Directive, the disappointment has been that this has not translated ...
-
Features
Petroleum fund appoints nine managers
The NOK547bn (e68bn) Norwegian Government Petroleum Fund (Petroleumsfondet) has appointed a raft of nine new managers to small and mid cap and sector driven equity mandates. Agreements have been reached with four external managers to run portfolios of small and medium-sized companies with the mandate winners as follows. Deutsche Asset ...
-
Features
Kottman Advisory formed
Felix Kottmann, the former member of the executive committee at Swiss consultants Complementa, who left the firm earlier this year, has set up his own consultancy firm. Kottmann Advisory is to provide customised services to a group of international institutional and private clients in Switzerland. Kottmann, who already works on ...
