Investor Strategy – Page 169

  • News

    NBIM appoints real estate manager

    2007-05-22T15:28:30Z

    [16:27 CEST 22/05] NORWAY – Paul Golding is joining Norges Bank Investment Management (NBIM) to prepare what appears to be the bank's first foray into international real estate to invest assets of the NOK1.88trn (€230bn) Norwegian Government Pension Fund – Global.

  • News

    Flemish Brecht to create pension fund

    2007-05-22T12:00:24Z

    [13:00 CEST 22/05] BELGIUM – The Flemish municipality Brecht wants to set up a new pension fund, for which it has tendered a €2.6m (£1.8m) mandate.

  • News

    Institutional push for 130/30 returns

    2007-05-21T15:55:03Z

    [16:55 CEST 21/05] EUROPE – Institutional managers and investors are jumping further into 130/30 strategies to gain higher investment returns, according to Dutch Blue Sky Group, the manager of the KLM pension fund assets.

  • News

    Passive mandates set to grow - Universal

    2007-05-21T15:53:50Z

    [16:53 CEST 21/05] GERMANY – As pension funds find some active managers are not really outperforming the benchmark they will move to passive mandates, says Bernd Vorbeck, speaker of the board at Universal Investment.

  • News

    Aegon and UBS form UK buy-out team

    2007-05-21T15:53:36Z

    [16:53 CEST 21/05] UK – Swiss banking major UBS is the latest investment bank to weigh into the lucrative bulk annuity market in a new buy-out joint venture with Dutch insurer Aegon.

  • News

    Stats reveal fewer second-pillar pensions

    2007-05-21T09:51:08Z

    [10:51 CEST 21/05] GERMANY – Almost 20% fewer German employees signed a contract with a Pensionskasse in the first quarter of 2007 compared with last year.

  • News

    TFR changes give birth to three new funds

    2007-05-18T15:52:15Z

    [17:00 CEST 18/05] ITALY – Italians working in the craftsmen, transport and agricultural sectors now have industry-specific pension funds.

  • News

    Art has no taste on pension fund palettes

    2007-05-18T15:51:33Z

    [16:51 CEST] EUROPE - Investing in works of art is likely to remain outside the scope of pension funds’ interest for the foreseeable future despite recent attempts to increase awareness of the alternative asset class.

  • News

    Eureko sale latest blow for F&C

    2007-05-18T12:07:38Z

    [13:07 CEST 18/05] NETHERLANDS/UK – Dutch insurance giant Eureko is selling some of its shares in F&C Asset Management to finance a push into Central Europe and Turkey, the company has announced.

  • News

    IPE-QUEST: Norwegian insurer in real estate search

    2007-05-18T09:57:10Z

    [10:57 CEST 18/05] NORWAY – A Norwegian insurance company is looking for managers for a real estate portfolio in excess of $40m (€14.8m) using IPE-QUEST.

  • News

    M&A research still fails to reach target

    2007-05-17T16:06:59Z

    [17:06 CEST 17/05] EUROPE - A lack of investment research on mergers and acquisitions is hampering European pension funds’ ability to assess whether deals carry any risks on non-financial grounds, according to a study.

  • News

    Finland to widen IORP into DC

    2007-05-17T09:55:46Z

    [10:55 CEST 17/05] FINLAND – Finland is set to extend the implementation of the European pension fund directive (IORP) to cover defined contribution schemes, according to Matti Leppälä of the Finnish Pensions Alliance (TELA).

  • News

    Bedfordshire awards £125m mandate

    2007-05-17T09:55:27Z

    [10:55 CEST 17/05] UK – The £1.07bn (€1.56bn) Bedfordshire County Council pension fund has found a manager for an additional passive equities mandate.

  • News

    ATP chooses BoNY for custody

    2007-05-16T09:54:38Z

    [10:54 CEST 16/05] DENMARK – The DKK414bn (€55.6bn) Danish pension scheme ATP has chosen Bank of New York to provide global custody for its assets.

  • News

    ABP heads for PUB

    2007-05-15T15:46:14Z

    [16:46 CEST 15/05] NETHERLANDS – The board of Europe's largest pension fund is close to implementing fundamental changes to its structure, to stave off regulatory pressure on its additional insurance products, Jaap Maassen said today.

  • News

    Replace SRI with sustainable approach - Watson Wyatt

    2007-05-15T15:45:52Z

    [16:45 CEST 15/05] UK – Pension fund managers may be able to meet their fiduciary duty and engage with companies on environmental, social and corporate governance (ESG) issues if they opt for sustainable investment strategies, suggests Watson Wyatt.

  • News

    First ETF to track FTSE All-Share

    2007-05-15T12:00:27Z

    [13:00 CEST 15/05] UK – London is set to become one of the largest ETF trading places in Europe, according to Lyxor Asset Management.

  • News

    Aegon taps A&O for administration

    2007-05-15T12:00:05Z

    [13:00 CEST 15/05] NETHERLANDS – Dutch insurance and pension company Aegon will farm out part of its pension administration business to A&O Fund Management.

  • News

    ABP may vote no to Groenink's Shell job

    2007-05-10T12:09:42Z

    [13:09 CEST] NETHERLANDS – Pension giant ABP is considering voting against the appointment of beleaguered ABN Amro chairman Rijkman Groenink onto the supervisory board of Anglo-Dutch oil giant Shell.

  • News

    PGGM contracts new €54m headquarters

    2007-05-09T16:01:50Z

    [17:01 CEST] NETHERLANDS – The €83bn Dutch pension fund PGGM has commissioned construction firm Ballast Nedam to build its new €54m headquarters.