Investor Strategy – Page 200
-
News
Morgan Stanley asset management chief exits
GLOBAL – Morgan Stanley says Mitchell Merin is to retire as president and chief operating officer of its investment management arm.
-
News
Dutch FTK makes pensions clear, minister says
NETHERLANDS – Dutch pensions minister Aart Jan de Geus has defended the delayed financial assessment framework, or FTK, saying it helps to remove the industry’s “secret code”.
-
News
GES launches new client interface
EUROPE -- Stockholm-based SRI analysis house GES Investment Services is to launching a web-based extension to its active engagement service that will enable its institutional investor clients to become more involved in the engagement process.
-
News
Russell predicts new alternative investing highs
GLOBAL – Hedge fund use by European institutions has increased dramatically in 2005. Their use by continental respondents to the Russell Investment Group’s seventh annual report on alternative investment the doubled to 48% from 24% in 2003.
-
News
Northern Trust Global Advisors names CIO
GLOBAL - Northern Trust Global Advisors, the manager-of-managers arm of the Chicago-based bank, has named Andrew Smith as chief investment officer.
-
News
Threadneedle names UK institutional head
UK – Threadneedle Investments has named Madeline Forrester as its new head of UK institutional business, effective immediately.
-
News
Insight nabs MLIM’s Aitken as institutional head
UK – Insight Investment Management has named Sarah Aitken, head of defined contribution at rival Merrill Lynch Investment Managers, as its new head of institutional business.
-
News
Credit Agricole gets €21bn of asset inflows
FRANCE – Credit Agricole says its asset management arm gained almost €21bn in inflows in the first half of the year.
-
News
Capita buys pensions admin firm FPS
UK – Pensions administrator Capita Hartshead has acquired the FPS Group of Companies following “enormous change” in the UK pensions market.
-
News
Dutch rail scheme SPF hires PGGM’s Varkevisser
NETHERLANDS – The €10.4bn Dutch railway pension scheme SPF has just appointed PGGM’s Jan-Theo Varkevisser as portfolio manager for fixed income and the treasury.
-
News
350 jobs to go as Julius Baer buys banks
SWITZERLAND – Around 350 jobs, including possibly that of asset management chief Roman von Ah, look set to go with Julius Baer’s decision to buy four wealth management firms from UBS.
-
News
German institutions ‘to seek lower hedge fees’
GERMANY – German institutional investors will increasingly pressure fund of hedge fund providers to cut management and performance fees, reckons consulting firm Faros.
-
News
ING Real Estate chief quits over Polish complex
POLAND – Paul Trip, chief executive of development at ING Real Estate, has quit over problems at a shopping complex in Warsaw.
-
News
COMMENT: Petroleum Fund up for grabs?
COMMENTARY – The head of the Norwegian central bank, Svein Gjedrem, appears to have dropped a hint about the future of the Petroleum Fund.
-
News
Netherlands' Interpay outsources €265m scheme
NETHERLANDS - Payment processing firm Interpay has outsourced its entire €265m pension fund to SEI Investments, resulting in losses for incumbent managers ABN Amro and ING.
-
News
UK's Cheshire awards tactical brief to Mellon
UK - Mellon Global Investments says it has been awarded a global tactical asset allocation by the £1.7bn (€2.5bn) pension fund of Cheshire County Council.
-
News
TKP Pensioen real estate head retires
NETHERLANDS - TKP Pensioen’s head of real estate investments, Koos Gerlofs, has retired.
-
News
Half of Germans oppose mandatory pension saving
GERMANY - Half of the population in Germany is opposed to the idea of being forced to save for retirement either on the corporate or private level, according to a new study unveiled by German independent financial adviser MLP.
-
News
AMF Pension names Björkén to fixed income role
SWEDEN – AMF Pension has rejigged its fixed income management, with Bengt Björkén become acting head of fixed income and Lars Aberg taking an ALM role.
-
News
Iceland: €2.7bn pension fund merger talks fail
ICELAND – Talks to engineer the merger of two of Iceland’s largest pension funds have proved abortive.
