All articles by Julie Henderson – Page 16

  • News

    BlackRock deal goes ahead as CVC pulls out on iShares

    2009-06-17T16:10:00Z

    [17:10 CEST 17-06] GLOBAL – Barclays Group will be selling iShares, the ETF providers, to BlackRock as agreed last week, after giving the earlier bidder CVC Capital Partners one more chance to better the offer.

  • Philips extends its ESG focus
    News

    Philips extends its ESG focus

    2009-06-17T15:55:00Z

    [16:55 CEST 17-06] NETHERLANDS – The Philips Dutch pension fund is planning to invest its assets in the future under the terms of the United Nations Principles for Responsible Investment (UNPRI) and allocate a portion of its assets to responsible investment.

  • Wednesday people roundup
    News

    Wednesday people roundup

    2009-06-17T15:00:00Z

    [16:00 CEST 17-06] GLOBAL - People roundup: KPMG, Mercer, Alignment Investors, National Association of Pension Funds, ETF Securities, Osmosis Capital, Barnet Waddingham.

  • Aegon unveils its completed cross-border pensions platform
    News

    Aegon unveils its completed cross-border pensions platform

    2009-06-16T16:00:00Z

    [17:00 CEST 16-06] EUROPE – Aegon Global Pensions and its third-party administration arm TKP Investments have finally rolled out their cross-border pensions platform targeted at multinational companies to help manage their pension plans, though officials say the process was not without technical and regulatory complications.

  • News

    Latvia to tackle budget deficit with pension cuts

    2009-06-16T15:00:00Z

    LATVIA – The Latvian government is planning to reduce its budget deficit for 2009 by LVL500m (€714.3m) but intends to do so, among other routes, through a major cut in pension payouts.

  • News

    Lower predicted pension returns would reflect investment risk - OECD

    2009-06-15T16:00:00Z

    [16:00 CEST 15-06] GLOBAL – The Organisation for Economic Cooperation and Development has published fresh evidence suggesting long-term investment returns will have to be revised downwards, as equally weighted portfolios can only 9% returns in jut 10% of cases.

  • News

    Work develops to grow environmental ETFs

    2009-06-15T15:20:00Z

    [16:20 CEST 15-06] GLOBAL – FTSE Group has launched a fresh series of classifications and support tools which are designed to help investors identify companies providing environmental technolofy products and services, which could soon lead to the growth of environmental-focused ETFs.

  • Independence is the future of asset management - Barclays
    News

    Independence is the future of asset management - Barclays

    2009-06-12T16:00:00Z

    [17:00 CEST 12-06] GLOBAL – The independence of asset management firms will become increasingly important and will drive further consolidation over the long-term, according to Barclays’ senior executives.

  • News

    Pensions funds buy back into equities

    2009-06-12T15:00:00Z

    [16:00 CEST 12-06] NETHERLANDS – Dutch pension funds invested over €21bn in securities again in the first quarter of this year, though the bulk of that money headed for bonds and the purchase of equities did not offset losses, figures from the pensions regulator have revealed.

  • BGI purchase makes BlackRock No.1
    News

    BGI purchase makes BlackRock No.1

    2009-06-12T09:50:00Z

    [10:50 CEST 12-06] GLOBAL – BlackRock has today secured the deal to buy Barclays Global Investors and its exchange-traded fund business iShares, making BlackRock the biggest asset manager in the world with over $2.7trn (€1.93trn) in assets under management.

  • Auto-enrolment needs more time - NAPF
    News

    Auto-enrolment needs more time - NAPF

    2009-06-11T16:00:00Z

    [17:00 CEST 11-06] UK – The National Association of Pension Funds has warned current proposals for auto-enrolment in 2012 are “too rigid” as they give employers insufficient time and flexibility and will lead to higher costs as a result.

  • Big was not beautiful for private equity in 2008
    News

    Big was not beautiful for private equity in 2008

    2009-06-11T15:40:00Z

    [16:40 CEST 11-06] EUROPE – Investment in European private equity fell last year, according to the European Venture Capital Association but there was capital growth and an increase in smaller equity-centric buyouts – a trend apparently ongoing as Aberdeen’s private equity team has bought out its private equity arm.

  • News

    PIMCO unveils GDP-based debt strategy

    2009-06-11T15:00:00Z

    [16:00 CEST 11-06] GLOBAL – PIMCO has launched a new concept in fixed income investing which is said to provide an improved measure of credit market beta by shifting away from market cap weightings and adopting a variety of credit vehicles to deliver counter-cyclical rebalancing.

  • News

    Danish pension fund turns to Asian equities

    2009-06-10T15:55:00Z

    [16:55 CEST 10-06] DENMARK – A Danish pension fund is looking to hire a specialist investment manager to deliver an Asian ex-Japan and ex-Pacific equities mandate, and is conducting its search through IPE-Quest.

  • News

    CEIOPS maintains cross-border focus

    2009-06-10T15:00:00Z

    [16:00 CEST 10-06] EUROPE – The body of regulatory officials knows as CEIOPS is planning this year to try and identify those European pensions schemes which are not currently covered by any European Union legislation, as part of its continuing review of cross-border pensions supervision.

  • News

    Wednesday people roundup

    2009-06-10T14:30:00Z

    [15:30 CEST 10-06] GLOBAL – AP1, Veritas Pension Insurance, Tomlinson Investment Consulting, Gartmore, Liontrust, Sustainable Asset Management, Cardano, Aberdeen Property Investors,LVAM.

  • News

    Arcandor pensions could face the PSV

    2009-06-09T16:20:00Z

    [17:20 CEST 09-06] GERMANY – Arcandor, the firm behind German high street retail giant Karstadt, may eventually see its defined benefit pension obligations placed in the hands of Germany’s lifeboat fund for pensions, as the firm today announced it had filed insolvency papers.

  • News

    Northern Trust expands into pensions 'advisory'

    2009-06-09T16:05:00Z

    [17:05 CEST 09-06] GLOBAL – Northern Trust has unveiled an additional service for pension funds and other clients which effectively sees it offer consultancy services to existing clients on asset, risk and regulatory management, but minus the manager selection element.

  • News

    BGI may be the exception in sale potential – M&A expert

    2009-06-08T15:45:00Z

    [16:45 CEST 08-06] GLOBAL – The potential takeover of Barclays Global Investors (BGI) by rival passive management firm BlackRock has been hailed as one of the few asset management deals with the potential and value to be completed in the current economic climate, a merger and acquisitions specialist has suggested.

  • News

    APG Group appoints acting-CIO

    2009-06-08T13:25:00Z

    [14:25 CEST 08-06] NETHERLANDS - Paul Spijkers, current chief investment officer at APG Asset Management, has been appointed in the interim to step into the CIO role left at the asset management group by Roderick Munsters.