Markets – Page 270

  • News

    Hay Hall fund gives €6m mandate to Northern Trust

    2001-07-23T06:25:00Z

    UK – London-based multi-manager group, Northern Trust Global Investments has won a €6m mandate from the Birmingham-based specialist engineering group, Hay Hall…

  • News

    Rockwood selects SEI for €25m multi-asset mandate

    2001-07-23T06:12:00Z

    UK – SEI Investments has won the £15m (€25m) specialist multi-asset mandate from Rockwood Specialties is to run Rockwood’s new defined contribution arrangement.

  • News

    Zurich fund invests SFr300m with Philips & Drew

    2001-07-19T11:12:00Z

    SWITZERLAND – The SFr12bn pension fund of the city of Zurich (Pensionskasse der Stadt Zurich – PKZ) has appointed UK fund manager Phillips & Drew to manager an approximately SFr300m (e199m) passive global equities mandate....

  • News

    Managers bullish on equities despite slow down

    2001-07-18T05:35:00Z

    UK – Global fund managers are bullish about equity trading worldwide, despite the slow down in the markets, according to a monthly survey carried out by Merrill Lynch....

  • News

    Germany announces insurer investment plans

    2001-07-17T06:03:00Z

    GERMANY – The liberalisation of German insurance companies’ investment criteria has taken a step forward with the German Ministry of Finance finally proposing to raise the quota for equity investments from 30% to 35%....

  • News

    Full details of Irish reserve's e6bn outsourcing

    2001-07-17T04:07:00Z

    IRELAND – The Irish National Pensions Reserve Fund Commission, the body appointed to oversee the management of the e7bn National Pensions Reserve Fund has revealed full details of the huge RFP for around a dozen investment mandates equalling e6bn in assets, as revealed by IPE-Newsline last Friday....

  • News

    NTMA unveils e6bn mandates

    2001-07-16T03:50:00Z

    IRELAND – The Irish National Pensions Reserve Fund (NPRF) has finally unveiled details of the enormous tender process through which it will hire managers to invest approximately e6bn in assets.....

  • News

    Portugal's e3bn reserve fund to start outsourcing

    2001-07-13T12:08:00Z

    PORTUGAL – The e3bn Lisbon based Portuguese pension reserve fund, created in 1989 to plug the future hole in Portugal’s social security retirement payments, could outsource up to 20% of its assets to external managers by the end of the year....

  • News

    Old Mutual splits chairman and chief exec roles

    2001-07-13T03:47:00Z

    UK – Old Mutual is to split the role of chairman and chief executive officer within the group. Michael J Lovett is to continue as Chairman, whilst his former chief executive role will go to James Sutcliffe, who was previously on the board of Old Mutual with responsibility for ...

  • News

    SEI starts Italian multi-manager joint venture

    2001-07-11T05:54:00Z

    ITALY – SEI Investments has set up a joint venture relationship with Italy’s Bipiemme Gestioni, the asset management arm of Banco Popolare di Milano (BPM) to launch a manager-of-managers programme for bank branches and other distribution channels....

  • News

    Norwegian fund appoints Den Norske and Pareto

    2001-07-11T03:55:00Z

    NORWAY – The NKr 800m (€101m) Larvik Primary Fund, the fund established to support the city of Larvik’s local economy has awarded two active segregated balanced mandates to Den Norske Bank Asset Management (DNB) and Pareto Asset Management....

  • News

    Altink to head Mellon's European corporate affairs

    2001-07-09T09:36:00Z

    UK/EUROPE – Jan Altink has been appointed director of corporate affairs for Europe by Pittsburgh based Mellon Financial Corporation.

  • News

    Russell wins three Dutch pension fund mandates

    2001-07-09T06:03:00Z

    NETHERLANDS – Multi-manager investment firm, the Frank Russell Company, has picked up three new mandates from Dutch pension funds....

  • News

    PIMCO pulls in $165m in first Danish mandates

    2001-07-06T05:26:00Z

    DENMARK - US fixed income specialist PIMCO Global Advisors has scooped its first mandates in the Danish market, picking up three high yield briefs from separate pension funds worth a total of $165m (e197m)....

  • News

    Mantel to lead Baring UK/Europe investment team

    2001-07-05T06:28:00Z

    UK/EUROPE – Jan Mantel joins Baring Asset Management (BAM) next week as director and head of its UK and Europe investment team....

  • News

    £1.9bn Edinburgh fund drops DeAM for Blackrock

    2001-07-04T05:13:00Z

    UK – The £1.9bn (e3.4bn) City of Edinburgh Council Lothian Pension Fund has pulled an approximately £150m European equities brief from Deutsche Asset Management and split the balance between Bank of Ireland Asset Management (BIAM) and Edinburgh based Blackrock....

  • News

    Metzler receives 'aa' rating from Fitch AMR

    2001-07-03T06:17:00Z

    FRANCE – Fitch AMR, the Paris based ratings company, has awarded a ‘aa’ rating to Frankfurt based Metzler Asset Management, which has some €9.5bn in assets under management....

  • News

    Deutsche appoints EMEA fund management head

    2001-07-03T06:05:00Z

    UK - Deutsche Asset Management (DeAM) has announced the appointments of Brian Collings as head of emerging Europe, Middle East and Africa (EMEA), and Andrew Ness as a fund manager for the same regions, in a bid to strengthen its global emerging markets investment capability....

  • News

    Cordius opens subscriptions for new fund of funds

    2001-07-02T06:34:00Z

    BELGIUM – Cordius Asset Management has opened the subscription period for a new fund of funds that invests in the shares of other investment funds themselves investing in European equities....

  • News

    Swedish manager poaches FIS chief for US push

    2001-06-29T05:43:00Z

    Stockholm-based asset manager Länsförsäkringar Kapitalförvaltning is beefing up its US operations by recruiting J Robert Bloom as head of its New York office.... And all the week's major people moves...