Markets – Page 243
-
News
Mideast body tenders equity mandate via IPE-Quest
EUROPE – A public institution in the Middle East has tendered a 100 million-dollar plus mandate for actively-managed pan-European Mid Cap Equities.
-
News
ABN Amro’s asset mgmt profit falls 15%
NETHERLANDS – Net profit at ABN Amro’s asset management division fell 15.2% in the first half, hit by weak conditions in the global market.
-
News
Irish managed funds return over 2% in July
IRELAND – The average group pension managed fund in Ireland rose by more than two percent in July, according to new data.
-
News
Schroders’ institutional sales head joins PIMCO
UK – PIMCO has hired Paul Craven, the former head of UK institutional sales at Schroders.
-
News
French reserve fund tenders mandates
FRANCE – The Fonds de Reserve pour les Retraites has now put out to tender the mandates for the entire 16 billion-euro retirement reserve fund.
-
News
Water scheme awards SSGA passive mandate
UK – The 300 million-pound (426.7 million euro) Water Companies Pension Scheme has appointed State Street Global Advisors to manage over two-thirds of its assets.
-
News
Hackney seeks actuary and property manager
UK – The London borough of Hackney is looking for an actuarial consultant and a property fund manager for its 340 million-pound (486 million euro) pension fund.
-
News
Jupiter under scrutiny in Somerset revamp
UK – Somerset County Council’s 600 million pound (855 million euro) pension fund has put out two tenders for a UK bond mandate and a UK property manager of managers mandate following an overhaul of its investment strategy.
-
News
Morley wins E2.9bn in new mandates
UK – Morley Fund Management has won two billion pounds (2.9 billion euros) of new external mandates this year so far – up one billion pounds on the same period last year.
-
News
Insight hires Schroders’ European research head
UK - Insight Investment has hired Schroder Investment Management’s head of pan-European research, Nick Anderson, to be its new head of equity research.
-
News
Belgacom names four global equities managers
BELGIUM – The 3.3 billion-euro pension fund for telecoms operator Belgacom has appointed four managers to run a new international equity portfolio.
-
News
M&G gains almost E1bn in institutional funds
UK – M&G says it saw net institutional fund inflows of 704 million pounds (996 million euros) in the first six months of 2003.
-
News
Morley ousts J P Morgan at National Grid fund
UK – The National Grid pension fund has appointed Morley Fund Management to run a 300 million-pound (424 million euro) fixed income mandate, resulting in a loss for J P Morgan Fleming Asset Management.
-
News
Putnam hires J P Morgan bond researcher
EUROPE – Putnam Investments has hired Maria Garcia Lomas from J P Morgan for its European corporate bond research team.
-
News
Swiss manager tenders three mandates on IPE-Quest
SWITZERLAND – A Swiss asset manager has tendered three active equity mandates worth up to 60 million euros in total via IPE-Quest, covering Europe, Japan and Asia.
-
News
Dutch fund tenders Asian equities via IPE-Quest
NETHERLANDS – A pension fund in the Netherlands has tendered a 100-milion euro mandate for Asian equities via IPE-Quest.
-
News
UBS GAM global investment chief to retire
GLOBAL – The global chief investment officer of UBS Global Asset Management, Jeffrey Diermeier, is to retire.
-
News
French reserve fund issues E16bn mandate details
FRANCE – The French pension reserve fund has announced details of 27 mandates worth a combined 16 billion euros to be put out to tender in late July or early August this year.
-
News
Portugal’s Tranquilidade Vida swings to profit
PORTUGAL – Espirito Santo Financial Group says its life and pensions arm, Companhia de Seguros Tranquilidade Vida, made a net profit of 13.2 million euros in the first half, against a loss of 59.7 million euros a year before.
-
News
TRW finds replacement for MacDougall
UK – TRW Investment Management has appointed Roisin Magee to replace managing director William MacDougall, who left abruptly earlier this year.
