Markets – Page 268
-
News
Merrill Lynch investment chief quits the firm
US - Merrill Lynch has announced that Robert Doll has been promoted from the position of CIO to president of Merrill Lynch Investment Managers (MLIM) in a move that sees him replace former MLIM chief, Jeffrey Peek, who is leaving the firm....
-
News
Belgian health sector fund could attract 250,000
BELGIUM – Yesterday’s announcement in Brussels that the VKG-CPM, €552m Belgian pension fund for doctors, dentists and pharmacists, had established a new supplementary healthcare sector pension fund, ‘Amonis’, with a potential active membership of 250,000, is possibly one of the most significant in the Belgian pensions and investments markets in ...
-
News
GAM launches delayed US equities fund
UK/US – Global Asset Management (GAM) has launched a new Dublin domiciled large and mid-cap US equities fund, GAM Star American Focus....
-
News
Swedish pension fund fills all executive posts
SWEDEN – The Second Swedish National Pension Fund AP2 has appointed Petter Odhnoff as chief investment officer (CIO) and Lennart Jonsson as head of communications
-
News
Russell wins e80m Dutch pension fund mandate
NETHERLANDS – The pension fund of international Dutch operating industrial and technology company, Stork, has appointed Frank Russell Company to manage an approximate €80m world-wide equity mandate for its €1.5bn pension fund....
-
News
JP Morgan lands £4.2bn Prudential fund custody
UK – JP Morgan Investor Services Europe, Middle East and Africa (EMEA) has been appointed as global custodian to the £4.2bn (€6.7bn) Prudential Staff Pension Scheme (PSPS)....
-
News
Banks begin post US tragedy allocation reviews
US SPECIAL – Investment banks are beginning to review their asset allocation strategies in light of the US tragedy on September 11, with most sticking to their long-term policies and noting that political events going forward may shape strategy much more sharply than the terrorist atrocities in New York.....
-
News
Roberts is new COO at Jones Lang Lasalle
UK/US – Jones Lang Lasalle (JLL) has appointed Peter Roberts as the company’s executive vice president and chief operating officer....
-
News
WestLB suspends Luxembourg fund calculations
US SPECIAL - LUXEMBOURG - The board of directors of the Luxembourg-based WestLB Compass Fund, have suspended the calculation of net asset values (NAV) for its sub-funds, following on from the terrorist attacks in the US on Tuesday....
-
News
One in five Swedes makes active PPM choice
SWEDEN - Less than a fifth of Swedes made active investment fund choices in the latest round of contributions to the country’s PPM system, according to figures emerging from the country’s Premium Pension Authority (PPM)...
-
News
Europe's indices halt trading as mark of respect
EUROPE/US - European stock exchange indices responded to the tragic events in the US yesterday, by carrying out a one-minute silence and simultaneous halt of trading at 2.45pm CET today....
-
News
AXA pulls in former UBS chief to head up equities
UK/Global - AXA Investment Managers (AXA IM) has lured Richard Semark from UBS Asset Management to become its London-based global head of equity trading, with effect from November 1....
-
News
POSIT crosses to Sweden and Finland
EUROPE - ITG Europe, the technology-based equity trading services group, is extending the reach of its POSIT intraday crossing system to cover equities from Sweden and Finland....
-
News
Swiss banker becomes AIMR chairman
SWITZERLAND/US - Philippe Sarasin, managing partner with international investment bank Lombard Odier & Cie in Geneva, Switzerland, has been elected chair of the board of governors of the 50,000-member Association for Investment Management and Research (AIMR).....
-
News
CSAM appoints European equity research head
Credit Suisse Asset Management (CSAM) has appointed Ella Brown to the position of London head of European equity research....
-
News
Friends First Asset Management fuses with F&C
IRELAND – European asset management group F&C is to integrate the money management business of Irish financial group Friends First into its own operations, in a further bid to consolidate the investment management strands of its insurance firm parent Eureko, which bought F&C in May this year.....
-
News
ABP appoints Achmea director as CIO for equities
NETHERLANDS - Jan Straatman, the former director of asset management (CIO) at Achmea Global Investors has been appointed as chief investment officer for equities with ABP Investments in Amsterdam, the investment arm of the e150bn Dutch pension fund....
-
News
UCW Pensions selects Rothschild for fund assets
UK – The £32m (e52m) UCW Pensions 2001 scheme, which provides pension benefits to sections of the employees and former employees of the Communication Workers Union, has selected Rothschild Asset Management (RAM) to manage a multi-asset mandate for its entire assets....
-
News
Northern Trust wins European equity mandate duo
EUROPE - Northern Trust Global Investments (NTGI) has picked up two new globally sourced European equity mandates with appointments to a US$155m portfolio from the Hospital Authority Provident Fund Scheme in Hong Kong (HAPFS) and an undisclosed brief from the Queensland Investment Corporation (QIC) in Australia....
-
News
ABP appoints US quant manager to large cap brief
NETHERLANDS – The e150bn Heerlen based ABP pension fund has appointed US equity quant manager Advanced Investment Technologies (AIT) to manage a large cap core equities portfolio....
