All articles by Jan Wagner – Page 38
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News
German consultant Heubeck may be sold
GERMANY- FJH, the Munich-based IT company is considering selling pension advisor Heubeck AG seventeen months after acquiring it.
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DeAM takes over E24.7bn Zurich assets
GERMANY - German institutional fund manager Deutsche Asset Management (DeAM) will take over 24.7 billion euros in assets currently held by the German arm of Swiss insurer Zurich beginning next January.
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New German hedge fund launched
GERMANY - Focus Investment Group, a Bermuda-based hedge fund provider, plans to offer one of its products to German institutional investors starting next month.
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DeAM consultant head Patel leaves
EUROPE - Deutsche Asset Management has confirmed the departure of Dipak Patel, director of consultant relationships.
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Germany’s Heubeck in pension transparency call
GERMANY - German pension advisor Heubeck AG has urged German companies to provide more transparency regarding their pension liabilities to rating agencies and banks or face the threat of financial exclusion.
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Germany’s BVI dismisses real-estate fund fears
GERMANY - German fund industry association BVI has dismissed fears of a liquidity crisis facing German-based mutual funds investing in real estate.
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Deka says institutional funds still healthy
GERMANY - Deka Bank has confirmed that one of its mutual funds investing in real estate suffered outflows totalling 1.2 billion euros in the first eight months of 2004, but said its institutional funds investing in the asset class remained healthy during the period.
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News
German consultant Faros hires FERI’s Umlauf
GERMANY - Faros Consulting, a new German investment advisor for institutional clients, has poached a senior executive from rival FERI.
