Markets – Page 207

  • News

    Pictet names Northern Europe sales chief

    2005-11-17T03:45:00Z

    EUROPE – Gerrit Van Gorp, former senior director and head of credit derivatives at Dow Jones Indexes, has been appointed by Pictet Asset Management to be its new head of business development for Northern Europe.

  • News

    Institutions pull €1.8bn from Schroders

    2005-11-15T03:50:00Z

    UK – Schroders plc says it lost a net £1.2bn (€1.78bn) in institutional assets under management in the three months to the end of September – although asset management profit and revenue were both up.

  • News

    Bond switch could cut UK profits – consultant

    2005-11-14T03:50:00Z

    UK – A wholesale shift by pension funds away from equities to bonds prompted by liability-driven investing could cut UK corporate profits by billions of pounds, according to consulting firm Pension Advisor Review.

  • News

    IPE-QUEST: €100m in emerging markets equities

    2005-11-11T03:32:00Z

    GLOBAL – Kottmann Advisory has tendered €100 in actively managed global emerging markets equities on behalf of a pension fund client via IPE-Quest.

  • News

    BGI looking for equity CIO as Annable exits

    2005-11-10T03:42:00Z

    GLOBAL – Matthew Annable, European chief investment officer for active equities at Barclays Global Investors, is to leave next year in a “lifestyle change” – but his successor has not yet been chosen.

  • News

    Sweden's FI amends traffic-light model

    2005-11-10T03:42:00Z

    SWEDEN – The Swedish Financial Supervisory Authority, or Finansinspektionen, has amended the so-called traffic light model following consultation.

  • News

    Buckingham cuts Capital mandate in revamp

    2005-11-08T04:20:00Z

    UK – The £874m (€1.3bn) Buckinghamshire Pension Fund has cut Capital International’s equities mandate by just over 20% due to poor performance results, and appointed five new fund managers.

  • News

    Horeca portfolio manager van Nifterick quits

    2005-11-08T04:12:00Z

    NETHERLANDS - Nick van Nifterick, senior portfolio manager of the €2bn Dutch hotel and catering scheme Pensioenfonds Horeca en Catering, has resigned.

  • News

    Double defection blow for PGGM

    2005-11-07T03:38:00Z

    NETHERLANDS – In a double blow for Dutch healthcare fund PGGM, two senior executives are defecting to Merchant Bank NIBCapital on 1 January 2006.

  • News

    JPMorgan AM names new institutional head

    2005-11-04T03:03:00Z

    EUROPE – JPMorgan Asset Management (JPMAM) has named Jens Schmitt as head of institutional business in Europe, replacing Peter Schwicht.

  • News

    Italian pension funds agree merger

    2005-11-04T03:02:00Z

    ITALY – Fonchim, Italy's industry-wide chemical and pharmaceutical industry pension fund, is acquiring the Bayer Italia pension fund (Fpbi), the Italian unit of the German chemical firm Bayer.

  • News

    UBS institutional invested assets surge 24%

    2005-11-02T03:45:00Z

    GLOBAL – UBS’ third-quarter results reported an annual 24% surge in institutional invested assets under global asset management to CHF425bn (€290.9bn).

  • News

    Dutch schemes face €105bn shortfall – Watson

    2005-10-31T03:41:00Z

    NETHERLANDS - Dutch pension funds are facing a combined shortfall of €105bn - taking into account full indexation for future inflation and salary rises – says Watson Wyatt Netherlands.

  • News

    IPE-QUEST: Four new searches on system

    2005-10-28T04:42:00Z

    GLOBAL – There are four new searches – for pharmaceutical equities, developed market debt, convertible and investment grade bonds and eurozone debt – on IPE-Quest.

  • News

    SEB winning new institutional mandates

    2005-10-28T03:51:00Z

    SWEDEN – Swedish financial services provider SEB has secured several new institutional mandates and achieved “greater market clout” in Germany, its interim report released today revealed.

  • News

    PIMCO says it wins Irish mandates

    2005-10-27T04:07:00Z

    IRELAND – Fixed income manager PIMCO Europe says it has been awarded two mandates – one worth €60m – from the Unilever Superannuation Fund and the Allianz Group Pension Scheme.

  • News

    IPE-QUEST: Dutch scheme issues two tenders

    2005-10-27T03:35:00Z

    NETHERLANDS – A Dutch pension fund has tendered up to $200m in pan-European and US small-cap equities in two separate briefs via IPE-Quest.

  • News

    Schering puts extra €450m into external fund

    2005-10-25T03:24:00Z

    GERMANY – Pharmaceuticals company Schering has removed another €450m in pension liabilities from its balance sheet so that they can be financed by its contractural trust arrangement (CTA).

  • News

    IPE-QUEST: European insurer tenders $150m

    2005-10-24T03:54:00Z

    EUROPE – A European insurance company has tendered $150m (€211.5m) in global emerging markets equities via IPE-Quest.

  • News

    Troubled Alliance Capital gets NPRF boost

    2005-10-24T03:49:00Z

    IRELAND – The National Pensions Reserve Fund has made its first move into emerging markets equities with a €142m investment via Alliance Capital Management, which has been under scrutiny from US regulators.