Markets – Page 202
-
News
NAPF Conference: Hitchen on flight to bonds
UK - A flight to bonds is short-term thinking, according to Chris Hitchen, chairman of the National Association of Pension Fund's investment council.
-
News
ABN Amro exits Czech asset management
CZECH REPUBLIC – ABN Amro has sold its Czech asset management outfit to two Prague-based firms for an undisclosed amount.
-
News
Nestor stays at Citigroup amid Legg Mason deal
EUROPE – John Nestor, the European head of Citigroup Asset Management, is not joining the outfit’s new parent Legg Mason.
-
News
ABP’s Boogaard joins Straatman at Pearl (updated)
NETHERLANDS – ABP Investments fundamental stock selection fund manager Erna Boogaard has quit to become external management head at Pearl Group – entrepreneur Hugh Osmond’s UK-based life assurance fund investment vehicle. (updated)
-
News
Merseyside tenders European equities
UK – The £3.8bn (€5.5bn) Merseyside Pension Fund is looking for a manager for a £100m European (ex UK) equities mandate.
-
News
Finland’s Keva invests in Hermes European fund
FINLAND – The €17.1bn Finnish Local Government Pensions Institution, Keva, has invested in Hermes’ European Focus Fund.
-
News
IPE-QUEST: Four new searches on system
GLOBAL – There are four new searches - for global fixed income, enhanced equities, euro zone bonds and Russian equities - on IPE-Quest.
-
News
UK schemes still eye international equities – MAS
UK – The roughly 55%-45% split between UK and overseas equities in many pension fund investment portfolios could be on the road to complete reversal, according to Mellon Analytical Solutions.
-
News
AXA IM posts 25% rise in AUM
GLOBAL – AXA Investment Managers’ assets under management rose 25% to €432bn in 2005, according to the annual results.
-
News
DeAM's Harrison named MPC Investors’ CEO
UK – Peter Harrison, former Deutsche Asset Management global chief investment officer, has been appointed chief executive of MPC Investors and member of the board.
-
News
Delegates vote active managers - IAPF Conference
IRELAND – Delegates to the Irish Association of Pension Funds annual investment conference in Dublin today voted narrowly in favour of using active investment managers.
-
News
Goldman Sachs AM names new Europe head
GLOBAL – Goldman Sachs Asset Management has shuffled its senior management, with European co-head Suzanne Donohoe returning to the US and Stephen Fitzgerald becoming Europe and Asia head.
-
News
Institutions ‘should beware commodity indices’
SPAIN - Institutional investors were put into the dock on their approach to commodities indices, at the World Cup of Indexing Conference.
-
News
BGI introduces Sudan divestment strategies
US - Barclays Global Investors has launched index strategies to help US pension funds to comply with new rules requiring them to divest of companies with ties to Sudan.
-
News
Dutch doctors’ fund interim CIO moves on
NETHERLANDS – Ton Groeneveld, interim chief investment officer at Doctors Pension Funds Services, has left following the appointment of permanent CIO Jan Willem Baan.
-
News
Hewlett in Germany taps GSAM, SSGA
GERMANY – The pension fund for Hewlett-Packard Deutschland has awarded two fixed income mandates to Goldman Sachs Asset Management and one emerging market equity brief to State Street Global Advisors.
-
News
Ex-Watson’s Douse sets up own firm
EUROPE - Former Watson Wyatt partner Sue Douse has opened her own specialist advisory and marketing outfit with institutional funds as its main client base.
-
News
Henderson facing axe at Fife Council
UK – The £950m (€1.4bn) Fife Council Pension Fund has put a roughly £200m global equity mandate out to tender following a review of the scheme’s structure.
-
News
‘Major weaknesses’ in Belgian pension oversight
BELGIUM – “Major weaknesses” in the supervision of pension funds in Belgium have been identified by the International Monetary Fund.
-
News
Big German schemes to avoid new linkers
GERMANY – BVV, Germany’s largest Pensionskasse or traditional pension fund, has no immediate plans to buy the new inflation-linked bonds to be issued by the German government from next week.
