All articles by Perttu Jarvenpaa – Page 4
-
News
ISMA appoints new board at AGM
LUXEMBOURG – Members of the Zurich based International Securities Market Association (ISMA) have elected a new member and re-appointed four existing members to the board of the association, at its annual general meeting in Luxembourg today (June 7)....
-
News
Standard Life opens first US office
US/UK – Standard Life Investments is opening a fund management office in Boston, its first presence in the US market....
-
News
Mercer says Swedish AP fund managers are underpaid
SWEDEN – Fund managers of the Swedish state pension buffer funds, AP1-4 and 6, are not compensated in line with industry practice, according to a study carried out by consultant William M. Mercer for the Swedish Ministry of Finance....
-
News
AP funds should examine Swedish equity bias
SWEDEN – Despite the good progress of the Swedish state pension buffer funds, AP1-4 and 6, since their re-launch at the beginning of the year, there is still room for improvement within tactical asset allocation (TAA), custody strategy and issues over bias to Swedish equities in the investment strategies of ...
-
News
Dutch self-employed plans rally against government
NETHERLANDS – Up to 65,000 members of pension funds for the self-employed, representing assets of around NLG30bn (e14bn), could end up paying an extra 30% a year in contributions following a dispute with the Dutch government over solidarity rules....
-
News
Handelsbanken expands investment banking division
SWEDEN – Handelsbanken is expanding its investment banking division, recruiting Annika Espander as an analyst to its research department....
-
News
Merrill appoints UK institutional director
UK – Denise Hadgill has been appointed as a director of the UK institutional team and UK investment specialist at Merrill Lynch Investment Management (MLIM) in London...
-
News
Ecofin agrees on European fund manager passport
EUROPEAN UNION – The Council of Member State Finance Ministers (Ecofin) today (June 5) formally agreed on a proposal to allow asset managers to operate more easily in Member State markets via the introduction of a new service provider passport....
-
News
Economist says Finland needs pension buffer funds
FINLAND – Finland should establish buffer funds to cover both the country’s growing future state pension liabilities and the healthcare costs of an older population, according to Pentti Vartia, managing director of The Research Institute of the Finnish Economy (ETLA)...
-
News
Zurich Scudder launches UK hedge fund
UK – Zurich Scudder Investments has launched a UK long/short basis hedge fund, Crescendo UK Fund, to be run by Paul Findley....
-
News
Martinez to spearhead Barclays' Spanish drive
UK/SPAIN – Gabriel Martinez de Aguilar has been appointed as director of Spanish institutional business at Barclays Global Investors’ (BGI) London office....
-
News
New Star AM launches Europe and UK funds
UK – New Star Asset Management, led by former Jupiter investment chief John Duffield, has launched two new investment fund vehicles targeting Europe and the UK.
-
News
Russell targets European hedge fund interest
EUROPE – Frank Russell has launched a new multi-manager hedge fund for investors outside the US to target growing European institutional interest in the asset class....
-
News
Bank of America signs up with FX Connect
Bank of America has become the latest financial services company to join State Street’s electronic foreign-exchange trading system, FX Connect....
-
News
Only one in seven Swedes make PPM fund choice
SWEDEN – Only one in seven young Swedes had returned their state premium pension fund choices before the deadline yesterday (May 30), according to the premium pension authority (PPM).
-
News
Deutsche lands £556m Clywd custody brief
UK – Mold based Flintshire County Council, in North East Wales, has appointed Deutsche Bank as global custodian for the £556m (e929m) Clwyd Pension Fund....
-
News
Aegon picks up UK multi-manager mandate
UK – Aegon Asset Management UK has been appointed as an active fixed interest manager under Escher UK Asset Management’s multi-manager structure...
-
News
Deutsche Börse and Eurex spell out ETF plans
EUROPE/US – Deutsche Börse and Eurex are to offer trading participants a market for trading in euro-denominated US equities as well as exchange-traded funds and stock options on the Xetra and Eurex trading platforms by September.
-
News
Dutch group Rodamco merges real-estate arms
NETHERLANDS – Property manager Rodamco Europe is creating the largest Dutch retail property investor by integrating Rodamco Retail Nederland (RRN), into Rodamco Nederland...
-
News
EC lays down directive plans for market abuses
EUROPEAN UNION – The European Commission (EC) has presented its proposals for a directive on insider dealing and market manipulation....
