Markets – Page 169

  • News

    2008 volatility hits more Finnish funds

    2009-01-23T15:20:00Z

    [16:20 CET 23-01] FINLAND – Etera Mutual Pension Insurance Company has reported a €1.2bn fall in the value of its assets in 2008, according to preliminary figures while Eläke-Fennia saw a negative return of 12% and VER suffered further to lose 15% last year.

  • News

    Swiss institution seeks Japanese equities

    2009-01-22T14:45:00Z

    [15:45 CET 22-01] SWITZERLAND – An institutional investor based in Switzerland is searching for a manager for a $75m (€58m) Japanese equities mandate, using IPE Quest.

  • News

    Pensions funds opt to raise TRS collateral

    2009-01-22T11:00:00Z

    [12:00 CET 22-01] EUROPE – Pensions funds are likely to be paying slightly higher for passive investments since the collapse of Lehman Brothers if using synthethic replication, but are choosing to do by over-collateralising their total return swaps, according to officials at Morgan Stanley Investment Management.

  • FRR appoints BGI for equities
    News

    FRR appoints BGI for equities

    2009-01-21T15:25:00Z

    [16:25 CET 21-01] FRANCE – FRR, the €33bn French national pension reserve fund, has tapped Barclays Global Investors (BGI) for a €1bn European equities mandate.

  • Improved confidence yet to translate to market shift
    News

    Improved confidence yet to translate to market shift

    2009-01-21T15:15:00Z

    [16:15 CET 21-01] US – Global investor confidence is said to have improved as a monthly sentiment recorder has climbed 12.1 points against the end of last year, but analysts have questioned whether the improved confidence is actually shifting into market sentiment given the ongoing turmoil.

  • News

    Swedish debt office highlights foreign currency demand

    2009-01-21T12:00:00Z

    [13:00 CET 21-01] SWEDEN – Riksgälden, the Swedish National Debt Office (SNDO), has reported a strong demand for a new foreign currency bond, valued at around SEK 16bn (€1.5bn), the first to be issued by the organisation in two years.

  • News

    PPM scheme mulls swaps and eurobonds (amended)

    2009-01-20T14:00:00Z

    [15:00 CET 20-01] SWEDEN – The Swedish Premium Pension Authority (PPM) is looking at investing in swaps and eurobonds to restock its buffers, according to its head of financial analyses, Sara Bergström.

  • News

    Merseyside awards equity roles and moves fixed income

    2009-01-19T15:55:00Z

    [16:55 CET 19-01] UK – Merseyside Pension Fund has appointed four new investment managers to run a third of the £3.7bn (€4.1bn) scheme's allocation to UK equities, ahead of plans to start a new search for active fixed income managers.

  • News

    ISEQ pension deficit estimated at €7.8bn

    2009-01-16T14:45:00Z

    [15:45 CET 16-01] IRELAND – The aggregate deficit in pension schemes belonging to companies on the Irish Stock Exchange (ISEQ) increased to €7.6bn, according to latest estimates by Mercer.

  • News

    Swiss investor goes into emerging markets

    2009-01-13T15:45:00Z

    [16:45 CET 13-02] SWITZERLAND – A Swiss institutional investors is searching for an emerging market equities manager for a $250m (€189m) mandate, using IPE Quest.

  • News

    Pension Fund Forum: Dividend pressure

    2009-01-12T15:50:00Z

    Pension funds could see the dividends earned from equities decrease substantially over the coming months, as companies come under pressure to put corporate security ahead of investor payouts.

  • Secs lending 'oils the machine' – Kas Bank
    News

    Secs lending 'oils the machine' – Kas Bank

    2009-01-12T13:30:00Z

    [14:30 CET 12-01] NETHERLANDS – Albert Röell, chairman of Dutch securities bank Kas Bank’ managing board, has warned securities lending is “the oil for the financial machine”.

  • More equity volatility predicted
    News

    More equity volatility predicted

    2009-01-12T13:00:00Z

    [14:00 CET 12-01] GLOBAL – Equity volatility remains high in 2009, while real yields on government securities are likely to remain low, according to a global fund manager survey by consultancy firm Watson Wyatt.

  • Institutions to exit bonds for stocks - BlackRock CEO
    News

    Institutions to exit bonds for stocks - BlackRock CEO

    2009-01-09T12:53:00Z

    [15:00 CET 09-01] GLOBAL - Institutional investors are set to exit fixed income and move into equities, reckons BlackRock chief executive Larry Fink.

  • News

    UN fund eyes hedge funds, private equity

    2009-01-08T09:56:00Z

    [10:15 CET 08-01] GLOBAL – The $30bn (€22.1bn) United Nations Joint Staff Pension Fund (UNJSPF) says it has approval to incorporate hedge fund of funds and private equity into its portfolio.

  • News

    Investors avoid German bond auction

    2009-01-07T14:43:00Z

    [16:00 CET 07-01] GERMANY – The German 10-year government bond auction, intended to raise up to €6bn, failed today after investors appeared to shun the issue.

  • Norway reviews Israel holdings over Gaza
    News

    Norway reviews Israel holdings over Gaza

    2009-01-07T12:57:00Z

    [16:00 CET 07-01] NORWAY – Norway is reviewing whether the current Gaza conflict means its state pension fund is breaching ethical guidelines.

  • Industry-wide fund screens for global emerging markets
    News

    Industry-wide fund screens for global emerging markets

    2009-01-07T11:55:00Z

    [16:00 CET 07-01] EUROPE – A European industry wide pension fund has posted a search for an investment management firm to provide investment management services for a global emerging markets equity mandate, using IPE-Quest.

  • News

    Danish scheme seeks bond manager

    2009-01-06T13:48:00Z

    [16:00 CET 06-01] DENMARK – A Danish pension fund has said it is looking for a manager for a €100m global high yield bond mandate, using IPE Quest.

  • News

    Falkirk appoints LGIM for passive mandate

    2009-01-05T13:22:00Z

    UK – Falkirk Council has awarded Legal and General Investment Management (LGIM) a £280m (€299m) passive mandate.