Markets – Page 178

  • News

    Pension funds negotiate investment rules

    2007-12-17T15:30:00Z

    [16:30 CET 17-12] BULGARIA – The association of Bulgarian pension management companies (BASPC) has called on the government to lift the cap on mandatory pension schemes’ investment in equities and argued schemes should be allowed to participate in IPOs.

  • News

    PBU targets Suzuki and Siemens on Burmese action

    2007-12-17T14:45:00Z

    [15:45 CET 17-12] DENMARK - Pædagogernes Pensionskasse (PBU), the Danish pension fund for education practitioners, is engaging with five companies operating in Burma about its concerns over ethical matters.

  • News

    Empower supervisory boards, say top economists

    2007-12-13T15:00:00Z

    NETHERLANDS - Supervisory boards should be given more power to deal with activist shareholders and private equity players, in order to avoid negative effects on a company’s long-term value, Dutch economists have claimed.

  • News

    IPE-QUEST: Pension fund seeks emerging market debt

    2007-12-12T15:40:00Z

    [16:40 CET 12-12] EUROPE – A European industry-wide pension fund has said it is looking for managers for a $200m (€136m) global emerging market debt mandate.

  • News

    Fitch says credit crunch suffered under 'reactive' systems

    2007-12-12T15:30:00Z

    [16:30 CET 12-12] GLOBAL – Ratings agency Fitch has suggested investment houses with outdated risk management processes saw the worst of recent volatility and pricing uncertainty in the credit markets.

  • News

    DG queries 'acting in concert' perception

    2007-12-11T16:00:00Z

    [17:00 CET 11-12] EUROPE – Members States may be forced to rethink the recent introduction of 'acting in concert' corporate governance rules as European Commissioner Charley McCreevy has suggested some governments could be seen to hamper "legitimate" shareholder "collaboration".

  • News

    AP4 signs first of new Asian mandates

    2007-12-11T14:00:00Z

    [15:00 CET 11-12] SWEDEN – Fjärde AP-fonden, the fourth Swedish buffer fund, has mandated BlackRock to manage a Pacific equities index portfolio, as part of a wider plan for its Pacific-based stocks.

  • News

    ATP acts to hedge inflation

    2007-12-07T16:05:00Z

    [17:05 CET 07-12] DENMARK - Denmark’s huge labour market pension fund ATP has been steadily increasing its exposure to the oil market and other investment sectors that will do well under conditions of higher inflation.

  • News

    Merseyside looks set to drop BGI mandate

    2007-12-05T14:30:00Z

    [15:30 CET 05-12] UK – Barclays Global Investors could lose the contract to manage a UK equities mandate for the Merseyside pension fund, following a review of the local government scheme’s asset allocation strategy.

  • News

    Aberdeen pushes into Austria

    2007-12-05T13:00:00Z

    [14:00 CET 05-12] AUSTRIA – Aberdeen Asset Managers is in discussions with a handful of Austrian institutional investors as part of an effort to expand its business to Austria, according to Hartmut Leser, Aberdeen's German head.

  • News

    IPE-QUEST: Dutch fund eyes EM and commodities

    2007-11-29T12:00:00Z

    [13:00 CET 29-11] NETHERLANDS – A Dutch industry-wide pension fund has placed two IPE-Quest searches, the first of which is for an active manager for a $125m (€85m) global emerging markets equity mandate.

  • News

    Dutch state maintains index-linked bonds line

    2007-11-28T14:30:00Z

    NETHERLANDS - The Dutch Finance minister Wouter Bos he has reiterated he is not considering the issuance of index-linked bonds.

  • News

    Environment Agency PF to update global equity

    2007-11-28T13:00:00Z

    [14:00 CET 28-11] UK – The Environment Agency’s pension fund is reviewing its existing global equity arrangements and creating a new mandate which requires asset managers display strong ESG credentials, in line with its SRI philosophy.

  • News

    PBU questions retailer investment on SRI grounds

    2007-11-27T13:30:00Z

    [14:30 CET 27-11] DENMARK - Pædagogernes Pensionskasse, the pension fund for education practitioners, has called for clarity from Swedish fashion retailer Hennes & Mauritz on its child labour policy.

  • News

    IPE-Quest: Funds sought for Danish portfolios

    2007-11-26T14:15:00Z

    [15:15 CET 26-11] DENMARK – Danske Capital is searching for an emerging markets Asia and an Indian equity manager to supply active management to its global emerging markets and fund of funds portfolios.

  • News

    Finnish church takes the SRI path

    2007-11-23T15:45:00Z

    [16:45 CET 23-11] FINLAND – The Central Church of Finland has awarded two SRI European equity mandates, worth €60m.

  • News

    NTGI brings EM exposure to smaller investors

    2007-11-23T15:00:00Z

    [16:00 CET 23-11] GLOBAL - Northern Trust Global Investors is extending its emerging markets quant index service to small pension funds, through a pooled quant index fund linked to the MSCI EM index.

  • News

    SEC risks reputation over investor rights, warns USS

    2007-11-21T13:30:00Z

    [14:30 CET 21-11] US/UK - The US Securities and Exchange Commission will miss the chance to show it is serious about investor rights if it forges ahead with a ruling stopping shareholders putting forward candidates for corporate boards, according to UK pension fund the Universities Superannuation Scheme (USS).

  • News

    'Brave new world' cited for investment

    2007-11-20T15:45:00Z

    [16:45 CET 20-11] UK – Four ‘winning strategies’ will provide the majority of growth for the investment management industry, according to a new white paper.

  • News

    First 130/30 index unveiled

    2007-11-20T15:15:00Z

    [16:15 CET 20-11] GLOBAL – Standard & Poor’s has launched the first 130/30 strategy index, and begun by linking to activity of S&P 500 stocks.