Investor Strategy – Page 165
-
News
Large managers disappoint French funds
[16:30 CEST 12-09] FRANCE – Large asset management companies lost credibility with French pension funds during the sub-prime lending crisis, according to a study.
-
News
Mercer takes implemented consulting to Europe
[11:08 CEST 12-09] EUROPE - Mercer intends to expand its implemented consulting activities to win business in Ireland and the UK, as well as in fiduciary management in the Netherlands over the next 3-5 years.
-
News
Pension buyout is cooking at Aga
[13:30 CEST 11-09]UK – Aga Foodservices, the British oven maker, has said it is reviewing the "strategic options" for funding its £791.9m (€1.16bn) pension scheme.
-
News
Lothian pension tenders its real estate
[16:00 CEST 10-09] UK – Lothian pension fund is reviewing its real estate investment manager and searching for a firm to handle the fund’s asset allocation.
-
News
Dutch navy sinks Achmea
[13:30 CEST 10-09] NETHERLANDS – The Dutch €3.4bn Merchant Navy Pension Fund (Bedrijfspensioenfonds voor de Koopvaardij) will end its management agreement with PVF Achmea at the end of this year, IPE has learnt.
-
News
E.ON pension scheme moves into hedge funds
[14:00 CEST 07-09] GERMANY – A €5.4bn pension fund for German energy giant E.ON has begun making its first investment in hedge funds, employing both single and fund-of-fund vehicles, market sources have told IPE.
-
News
Switzerland paves way for Publica’s DC switch
SWITZERLAND – The Swiss government has sanctioned the inclusion of 105 employers into Publica, the CHF33bn (€20bn) pension fund for federal employees - clearing the way for the scheme’s switch from defined benefit to defined contribution next year.
-
News
Bingo group confirms pension fund sale plans
[15:00 CEST 05-09] UK – Rank Group, the owner of Mecca Bingo and other gaming businesses, said it is contemplating putting its £700m pension scheme up for sale.
-
News
Fonchim plans a guaranteed return fund
[11:00 CEST 05-09] ITALY – The E1.7bn Italian Fonchim scheme, the closed fund for chemical and pharmaceutical workers, is planning to launch a guaranteed return fund early next year.
-
News
FRR reappoints State Street
[16:45 CEST 04-09] FRANCE – The €33.4bn Fonds de Réserve pour les Retraites (FRR) has concluded its search for a currency overlay manager.
-
News
Nordic market growth increases pressure - Nordea
[16:00 CEST 04-09] NORDICS – Economists at asset manager and banking group Nordea are warning it may be "time to pull the brakes" as economic conditions in some Nordic countries are now reported to be "running at full capacity".
-
News
TNO scheme names BlackRock as fiduciary manager
[15:30 CEST 04-09] NETHERLANDS – TNO, the €2bn pension fund of the applied scientific research institute, has appointed investment management firm BlackRock as its fiduciary manager.
-
News
Spanish bank to float investment unit
[15:00 CEST 04-09] SPAIN - Barcelona-based savings bank La Caixa is to float 20% of its investment arm, Criteria Caixa Corp, in October.
-
News
Fonchim taps Schroders for TFR
[16:45 CEST 03-09] ITALY – The Italian €1.7bn Fonchim scheme, the closed fund for chemical and pharmaceutical workers, has appointed Schroders to manage its Trattamente di Fine Rapporto (TFR) assets.
-
News
Austrian funds defend performance
[16:15 CEST 03-09] AUSTRIA – Pensionskassen should have put more money into equities last year in order to get better results, consulting firm Mercer has suggested.
-
News
2007 is a good year for Dexia so far
[16:55 CEST 31-08] BELGIUM – Belgian-French financial services group Dexia reported assets under management reached €111.1bn to June 30, up by 2.5% in the second quarter of 2007.
-
News
'Return-seeking' assets favoured by schemes
[16:45 CEST 30-08] UK – Four out of five final salary scheme sponsors would still prefer to have a significant exposure to 'return-seeking investments' despite recent market volatility, a study by Watson Wyatt suggests.
-
News
F&C eyes passive growth of diversified portfolios
[17:00 CEST 29-08] UK – F&C Asset Management is taking a new approach to the delivery of balanced portfolios and diversified growth funds for pension funds by launching an offering designed to be largely passive in nature.
-
News
BVV expected to hire hedge fund consultant
[17:00 CEST 29-08] GERMANY – BVV, an €18.6bn pension fund for the German financial industry, is believed to be looking to hire a consultant to advise on future investment in hedge funds.
-
News
ABP to sell office fund KFN
[17:00 CEST 29-08] NETHERLANDS - The €211bn civil service scheme ABP is considering selling at least part of its offices investment fund KFN, in order to further diversify its overall portfolio.
