All articles by Jan Wagner – Page 33
-
News
German asset managers get governance code
GERMANY - A committee headed by well-known finance expert Professor Wolfgang Gerke has unveiled a new corporate governance code for asset managers active in Germany.
-
News
Germany’s Heidelberg to supplement pensions
GERMANY – Printing machinery firm Heidelberg Gruppe, is to provide its 12,000 employees in Germany with a supplement to their company pension in exchange for their agreeing to work more overtime over the next five years.
-
News
Germany could issue 50-year bonds, sources say
GERMANY – A German 50-year government bond could come in the future, despite official denials that Germany has no immediate plans to issue longer dated bonds, sources say.
-
News
Germany’s EnBW to cut managers in €3.8bn revamp
GERMANY - Energie Baden-Württemberg (EnBW), Germany’s third largest energy firm, is planning a sweeping revamp to its €3.8bn in corporate pension assets.
-
News
DeAM declines comment on latest reports
GERMANY - Deutsche Asset Management in the UK has declined comment on a report that the asset management arms of Lloyds TSB, BNP Paribas and Old Mutual have expressed an interest in buying it.
-
News
Deutsche announcement on DeAM seen delayed
GERMANY - Deutsche Bank is not expected to announce a decision on the possible sale of Deutsche Asset Management in the UK until early next month.
-
News
Germany freezes state pension for 20m people
GERMANY - The German government has approved an ordinance that, for the second consecutive year, bars an increase in the state pension drawn by around 20 million people in Germany.
-
News
Austria’s NÖVK scheme taps GES for SRI
AUSTRIA - Niederösterreichische Vorsorgekasse, a two-year-old Austrian pension fund serving 100,000 employees, has hired GES Investment Services for socially responsible investment consulting.
-
News
Allianz hedge arm eyes €2.5bn in assets
GERMANY – Allianz’s hedge fund group, Allianz Hedge Fund Partners, says it expects to raise its assets under management to €2.5bn in the short term amid growing institutional investor demand for hedge funds.
-
News
Allianz Dresdner Pensionsfonds gets boost
GERMANY - Allianz-Dresdner Pensionsfonds, one of Germany’s new equity-oriented pension vehicles, says its occupational pensions business improved dramatically in 2004.
-
News
Deka's new CEO promises €500m of support to property arm
Deka Bank’s new chief executive has promised to invest another €500m if needed to support its troubled real estate fund caught in the middle of a fraud investigation, after the resignation of the former CEO on Thursday night.
-
News
CSAM appointing new German sales head after CEO move
Crédit Suisse Asset Management has appointed Claudia Blumenthal as its new German head of retail and institutional fund distribution, effective immediately.
-
News
DeAM unveils ambitious multi-manager plans
GERMANY - In a much anticipated move Deutsche Asset Management (DeAM) has unveiled its plans to launch multi-manager funds for the German-speaking institutional market and has ambitious growth targets despite slow sales at rivals.
-
News
DeAM's Benkner takes charge of fund business
GERMANY - Axel Benkner, chief executive of Deutsche Asset Management in continental Europe, has taken over the additional responsibility as head of DeAM’s global investment fund business.
-
News
German regulator misses out in EU directive
GERMANY - European pension funds looking to do business in Germany in the future will not be regulated by BaFin, the German financial services regulator, according to excerpts of a government draft law that transposes the EU pension funds directive.
-
News
Universal unveils CTA for pensions
GERMANY - German fund administrator Universal-Investment plans to introduce contractual trust arrangements, which let firms create an external fund to finance their pension liabilities.
