Markets – Page 175
-
News
UBS disposes of subprime-related embarrassment
[15:30 CEST 21-05] SWITZERLAND - Swiss bank UBS has sold $15bn (€9.7bn) worth of US residential mortgage-backed securities to a newly created distressed asset fund.
-
News
North Yorks pension moves into property (amended)
[16:00 CEST 20-05] UK – The £1.2bn (€1.5bn) North Yorkshire County Council pension fund is adjusting its asset allocation and moving into real estate investment, as well as searching for an overseas equity manager.
-
NewsLeicestershire to move out of gilts
[16:30 CEST 19-05] UK – Leicestershire County Council’s pension fund management board is following the recommendation of its investment consultant and increasing its total returns strategy by moving out of government bonds.
-
News
TAA in Q1 disappoints Swiss funds
[11:45 CEST 08-05] SWITZERLAND – Half of Swiss pension funds made tactical adjustments to their asset allocation in the first quarter but were disappointed by the results, Swiss consultant Lusenti has found.
-
News
CMSA moves to dissuade against CMBS rating 'symbols'
[16:40 CEST 02-05] GLOBAL – The US-based Commercial Mortgage Securities Association (CMSA) has criticised proposals from the International Organisation of Securities Commission (IOSCO) to create a separate ratings regime for mortgage-backed securities (MBS) as “adding to investor confusion”.
-
News
Hungary fond of foreign equity despite losses
[15:45 CEST 01-05] HUNGARY – Hungarian pension funds saw their assets drop by 8.1% in the first quarter of this year to HUF1,856bn (€7.34bn), according to Bamosz, the association of Hungarian investment fund and asset management companies.
-
NewsPPF seeks bonds manager
[16:35 CEST 29-04] UK – The board of the £1.4bn (€1.75bn) Pension Protection Fund is looking to hire an asset manager to look after one-third of its global bonds asset allocation.
-
News
UK mineworkers sack UBS
[16:00 CEST 28-04] UK – The £14.8bn (€18.9bn) UK Mineworkers’ Pension Scheme has terminated its £1.3bn global equity mandate with UBS Global Asset Management, and replaced it with two new managers.
-
News
UK schemes’ pooled equity sees biggest quarterly drop
[15:30 CEST 28-04] UK – Weightings to UK equity in domestic balanced pooled funds fell to an all-time low of 41.5% during the first quarter of this year, according to BNY Mellon Asset Servicing.
-
News
French FRR to renew European equities mandates
[15:55 CEST 21-04] FRANCE – The €34.5bn French national pension reserve fund FRR says it has launched a request for proposals to renew a portion of its mandates invested in European equities.
-
News
HSBC announces team for new Austrian operation
[16:10 CEST 21-04] AUSTRIA – HSBC Investments is setting up shop in Austria's capital Vienna under former DWS sales head Franz Bartmann.
-
News
Demand for SRI continues in financial crisis
[16:50 CEST 17-04] AUSTRIA – Despite some stocks in the alternative energy sector having suffered severely in the market turbulences Austrian investors stick to sustainability, explains Martin Cech, manager at Austrian SRI asset manager Vinis.
-
News
Oxford reviews TAA after poor performance
[16:00 CEST 09-04] UK – Oxfordshire County Council pension fund is to review its Tactical Asset Allocation(TAA) strategy, managed by UBS, and has asked the fund manager about the possibility of returning £575,000 (€720,820) in performance fees after performance "deteriorated".
-
News
Europe champions governance, risk and LDI – Mercer
[16:30 CEST 07-04] EUROPE – Better governance and risk management, along with increased allocations to alternatives and liability-driven investment strategies are the main agenda points in 2008 for European pension funds, consultancy firm Mercer has found.
-
News
East Sussex reviews equity mandates
[17:00 CEST 04-04] UK – East Sussex County Council is seeking managers for two mandates related to its equity allocations.
-
News
“CEE safe place to be as an investor” - East Capital
[15:45 CEST 03-04] AUSTRIA/CEE – Swedish asset manager East Capital presented its new office in Vienna today from which it aims to grow its sales and investments in Central and Eastern Europe (CEE).
-
News
Shareholder rights still lacking in China - report
[16:30 CEST 02-04] CHINA - China’s emergence as an investment destination for foreign investors has coincided with a boom in the country’s domestic equity markets, but with the ‘A’ shares market now 40% off its peak level, questions are being raised about transparency of reporting and lack of protection for ...
-
News
FRR awards two US small cap mandates
[16:15 CET 27-03] FRANCE – The €34.5bn French national pension reserve fund, FRR says it has awarded two active management mandates for US small cap equity portfolios.
-
News
BLPK at top end of Swiss performers
[16:30 CET 26-03] SWITZERLAND – The CHF5.2bn (€3.3bn) Basellandschaftliche Pensionskasse generated a 4%return on investments in 2007.
-
News
Fopadiva seeks new managers
[14:00 CET 20-03] ITALY – Fopadiva, the pension fund for employees of the semi-autonomous Valle d’Aosta region is looking for at least two fund managers for a ‘dynamic’ and a ‘prudent’ portfolio.
