All articles by IPE – Page 48
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Features
The key to profitable lending
The key to making money from securities lending ultimately lies in the stocks you hold. Typically a UK pension fund will hold a majority of its assets in UK equities where supply can at times be greater than demand. Equities held in lesser developed countries with illiquid markets typically command ...
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Features
German strategies report
Consultants Buck Heissmann is nearing completion of one of the first comprehensive studies of Germany’s company pension strategies, which could lead to a re-assessment of the amount of pension assets under management. The study, commissioned by Goldman Sachs Asset Management, has the stated objective of identifying and cataloguing ‘Best practices’ ...
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Features
Docherty joins M&G
David Docherty is joining M&G Investment Management as a UK institutional fund manager from Gartmore this month, reporting to Will Nott, head of institutional business.
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Features
LBSS extends custody services
Leading Swedish bank Nordbanken AB has appointed Lloyds Bank Securities Services (LBSS) to provide sub-custody services for its UK portfolio values at £110m ($175m). The portfolio was previously handled by Barclays Securities Services, but the arrangements were reviewed when Barclays was taken over by Morgan Stanley.LBSS has also been appointed ...
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Features
New CSAM director
Credit Suisse Asset Management has announced the appointment of Richard Brumby as director, head of UK institutional funds. He was formerly with Schroder Investment Management where he managed institutional client portfolios. His role will be to develop institutional client service on the UK equity side. He will report to CSAM ...
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Features
Croydon looks for whizz kids
The London Borough of Croydon is busy poring over replies from fund managers to its recent advertisement. The local authority invited expressions of interest” from fund management companies in managing their overseas equities investments. This may or may not result in a formal tender for the overseas equity mandate, the ...
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Features
Finding the right counterpart
The Register of International Securities Financing Counterparts is a central database, held and managed by Securities Finance International, containing profiles of many of the world’s major securities lending custodians, agents, intermediaries and proprietary borrowers. Selecting the right counterparts is a critical part of the securities lending process. Use of the ...
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Features
Fidelity boosts DC
Fidelity Pensions Management Group has appointed Alex Weiland, as director with responsibility for sales and marketing. He has joined from Gartmore where he was head of defined contribution and product development and will be involved in developing the group’s defined contribution pensions business. He replaces David Calfo, who is leaving.
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Features
Unison blow
Unison took further bodyblows in the past weeks with the joining of Jauch & Hubener and Aon. Germany’s largest broker and second largest employee benefit consultant, J&H, was one of the mainstays of the grouping, since the tie up of major French player Gras Savoye with international group Willis Carroon ...
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Features
Levi benefits move
Denise D’Hondt, compensation and benefits manager Europe, for Levi Strauss & Co Europe in Bel-gium, has left the company and has been replaced by former human resources director, Belinda Hans-ford who takes the new title of re-muneration director Europe. The appointment takes full effect in Jan-uary and will be based ...
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Features
Belgacom sticks with State Street
State Street Banque in Paris has won the latest mandate awarded by the Belgacom Pension Fund, Belgium’s largest funded pension scheme. The mandate, for Bfr8.6bn ($236m), is to be managed passively on a balanced basis. It is the second mandate to be won by State Street, which was awarded one ...
