Markets – Page 269
-
News
Norwegian e65bn fund posts positive Q2 figures
NORWAY - The NOK522bn (e65bn) Norwegian Government Petroleum Fund returned 1.1% for the second quarter of this year with the upswing in equity markets contributing positively, despite a negative return on fixed income investments....
-
News
Morley picks up £200m mixed bonds brief
UK - The £1.2bn (e1.9bn) pension fund of T&N, the UK subsidiary of the Federal-Mogul Corporation, has selected Morley Fund Management to manage a £200m bond mandate...
-
News
Pilling to head up Morley pooled funds team
UK – Lyndsey Pilling has joined Morley Pooled Pensions as manager of the firm’s pooled funds team....
-
News
Irish e6bn RFP receives 600 replies from managers
IRELAND – The Irish National Treasury Management Agency, the investment management supervisory body for the country’s e7bn National Pensions Reserve Fund, says it has received around 600 expressions of interest for the huge raft of mandates totalling e6bn in assets that it put out to tender last month.....
-
News
Dresdner poaches new global equities head
UK – Dresdner RCM Global Investors has lured Lucy Watson away from Baring Asset Management to become director and head of global equities in London....
-
News
Russell names new client services director
UK – Frank Russell in London has appointed Philippa Drury as director of client services for its institutional investment services team.
-
News
Northern Trust in German joint venture push
GERMANY – Northern Trust Global Investments Europe (NTGI) and Frankfurt based Landesbank Hessen-Thüringen (Helaba), have set up a joint venture company Helaba NorthernTrust, to offer institutional investment management services to the German market....
-
News
Fund managers bullish on global economic outlook
EUROPE/GLOBAL – Fund managers are becoming increasingly bullish about the prospects for the global economy, but would like to see an easing of European monetary policy, according to the latest Merrill Lynch Fund Manager Survey, released today (Aug 14)....
-
News
Montgomery Oppenheimer is Irish top performer
IRELAND – Irish employee benefits and investments firm, Coyle Hamilton, has published the results of its group pension managed funds survey for the second quarter of 2001 with Montgomery Oppenheimer taking top slot on a five-year basis - returning an annualised 20.6%....
-
News
ATS23bn Austrian fund selects seven new managers
AUSTRIA – The Vienna based ATS23bn (e1.7bn) Vereinigte Pensionskasse has appointed a new roster of seven investment managers, including five international firms, to manage ATS8bn in assets under a new multi-manager, multi-style approach....
-
News
DeAM reshuffle precedes Europe high yield launch
UK/US – Deutsche Asset Management (DeAM) has reshuffled a number of key staff members in its bond teams between the US and London as part of a strategy to strengthen its fixed income capabilities....
-
News
Royal London gets Carter as CIO
UK – Independent investment management company, Royal London Asset Management (RLAM) has a new chief investment officer, Andrew Carter.
-
News
New CIO at Phillips & Drew
**New CIO at Phillips & Drew** UK – Matthew Stemp is new chief investment officer at Phillips & Drew (P&D), replacing Robin Apps who has left the company.
-
News
AUM of European institutional managers rise 38%
FRANCE / GERMANY / ITALY / BENELUX – Assets under management by European institutional managers only rose 38% in 2000, compared to 65% in 1999...
-
News
State Street in Global Link trading service launch
US – Global Link, Boston based State Street Corporation’s internet and e-finance arm, has launched the Multi-Bank Global Trading Support Services (Multi-bank GTSS) system...
-
News
Andrew Ross is new chief executive at Cazenove
**New Chief Executive at Cazenove** UK – Andrew Ross has been named as new chief executive of London based Cazenove Fund Management. Ross was previously chief executive at HSBC Asset Management (Europe).
-
News
Aon to launch multi-manager funds for UK
UK – Aon Consulting is to launch a new investment management company later this year, Aon Asset Management, which is expected to have between £500m (€815m) and £1bn (€1.6) in assets under management...
-
News
Smith & Nephew awards £120m multi-manager mandate
UK – Smith & Nephew, the London based international medical device development and marketing firm, has appointed Frank Russell to manage through its multi-manager funds a £120m (€195m) portion of Smith & Nephew’s £220m UK pension fund
-
News
Italian group picks Pimco for E300m bond portfolio
UK / ITALY – Pimco Europe has secured two specialist investment grade US bond mandates from Italian banking group, Fondi Monte dei Paschi di Siena (MPS) worth €300m.
-
News
CSAM announces fixed income fund for Hungary
UK – Crédit Suisse Asset Management (CSAM) is to launch a fixed income mutual fund in Hungary.
