All articles by Perttu Jarvenpaa – Page 21
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OM adjusts industrial indices
SWEDEN – The OM Stockholm Exchange has changed its industry classification in a bid to iron out discrepancies due to the weighting of telephone giant Ericsson...
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Bank of Bermuda boosts Edinburgh assets
UK - Bank of Bermuda has handed a £25m active UK equity brief to Edinburgh fund managers...
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Irish Pensions Board "customers" happy
IRELAND – Survey finds most of public never heard of board
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Friends wins with new 'reo' product
UK - Friends Ivory & Sime wins three new equity growth mandates, worth £43.5m, with its ‘responsible engagement overlay’ product.
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Petroleum fund puts US$3.5bn up for grabs
NORWAY - Norway’s government petroleum fund is seeking proposals from managers for specialist mandates, that might be worth up to US$3.5m in total
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BfG and Gerling to become German financial giant
Germany - BfG bank and Cologne-based industrial insurer Gerling Group have signalled their intention to co-operate on insurance, internet banking, brokerage and asset management, with a view to possible expansion in Europe.
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Spanish government postpones outsourcing deadline
SPAIN - The deadline for outsourcing of pension commitments by Spanish companies has been put back by two years due to low levels of compliance
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Interest wanes in PPM funds
SWEDEN - Fewer Swedes in the South have made a personal investment choice under the new PPM system than their fellow countrymen in the North
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Danske to launch new private equity fund
DENMARK – Danske Capital Management will seek institutional capital for a new private equity fund of funds in the first half of next year
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Sampo scoops Mandatum
FINLAND - Sampo-Leonia, Finland's largest financial group, is set to take over Helsinki-based Mandatum Bank in a stock swap deal with a share in Sampo-Leonia offered for every five and a half shares in Mandatum.
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Dutch funds build for the future
NETHERLANDS - Six Dutch pension funds will move into the same building next year, in a move which could herald future investment collaboration.
