Real Estate – Page 102

  • News

    Aegon sets up Slovakia pension fund

    2004-11-11T03:51:00Z

    NETHERLANDS – Aegon has launched a pension fund company in Slovakia, the life insurer said in a quarterly update.

  • News

    DeAM, Schroders lose out at Avon Cosmetics

    2004-11-11T03:37:00Z

    UK - Deutsche Asset Management and Schroder Investment Management have lost out with the 102 million-pound (146.5 million-euro) pension scheme of Avon Cosmetics switching from a balanced to specialist strategy.

  • News

    Danish pension funds set up real estate “club”

    2004-11-09T03:10:00Z

    DENMARK – Five top Danish pension funds worth around 45 billion euros have set up a real estate “club” to invest in European indirect property vehicles, says real estate firm Cushman & Wakefield Healey & Baker.

  • News

    ABP buys stake in UK real estate firm

    2004-11-08T03:33:00Z

    UK - ABP, the 150 billion-euro Dutch civil service pension fund, has acquired a minority stake in the UK-based student accommodation company Unite Group.

  • News

    IPE strengthens Netherlands coverage

    2004-11-05T04:02:00Z

    NETHERLANDS – Investment & Pensions Europe, the leading magazine for European institutional investors, has strengthened its coverage of the Dutch market with the appointment of Danielle Rossingh as Dutch Editor.

  • News

    ING asset management profits rise 40%

    2004-11-04T04:01:00Z

    EUROPE – ING says its operating profits from asset management rose 40.3% in the first nine months of 2004 - driven by the institutional asset management business.

  • News

    German institutional funds up 3.6%, BVI says

    2004-11-02T03:49:00Z

    GERMANY - Despite lacklustre financial markets, the volume of German institutional funds, or Spezialfonds, saw an increase of 3.6% in the first nine months of this year, statistics from German fund industry association BVI show.

  • News

    UBS asset management profit slips 20%

    2004-11-02T03:31:00Z

    GLOBAL – Pre-tax profit at UBS Global Asset Management has slipped almost 20% in the third quarter despite three billion Swiss francs (1.9 billion euros) of new institutional business.

  • News

    Deutsche asset strategy queried amid AUM slump

    2004-11-01T03:11:00Z

    GERMANY – Deutsche Bank’s asset management strategy has come under scrutiny in the wake of disclosures that its institutional fund arm DeAM lost 13 billion euros in assets in the third quarter.

  • News

    BNP Paribas picks up Luxemburg SICAV brief

    2004-10-27T04:13:00Z

    LUXEMBURG - The Luxemburg-based real estate fund for institutional investors, Sireo Immobilienfonds n°4 SICAV, has awarded BNP Paribas Immobilier a 200 million-euro mandate to be invested on the French market.

  • News

    Bank of NY names European finance chief

    2004-10-27T03:39:00Z

    EUROPE - The Bank of New York has named Angus Cameron as chief financial officer for its operations in Europe, a new role.

  • News

    New framework may change Dutch funds’ asset mix

    2004-10-27T03:36:00Z

    NETHERLANDS - The new supervisory framework for Dutch pension funds and insurers may lead to a move out of equities and into bonds, experts have suggested – though the government doesn’t plan to change its bond issuance strategy.

  • News

    Danica Pension in E255m shift to equities

    2004-10-26T03:47:00Z

    DENMARK – Danica Pension, the life insurance and pension arm of Danske Bank which has a large bond portfolio, has made a 1.9 billion-crown (255 million-euro) net investment in equities.

  • News

    Deka dismisses real estate executives

    2004-10-20T04:00:00Z

    GERMANY- Deka Bank has fired three senior executives in charge of its real estate fund arm, claiming the executives lied about the true value of its investments in German real estate.

  • News

    PensionDanmark in funds transferral move

    2004-10-12T03:22:00Z

    DENMARK – Industry-wide pension fund PensionDanmark is bidding for a share in the new market of funds transferral from the government-backed SP fund to other funds chosen by workers.

  • News

    Pension consultants slam UK’s property policy

    2004-10-07T03:14:00Z

    UK – The Society of Pension Consultants has said the government is in danger of “shooting itself in the foot” over its plans to ban upward-only reviews of property rents.

  • News

    Deka says institutional funds still healthy

    2004-10-06T03:52:00Z

    GERMANY - Deka Bank has confirmed that one of its mutual funds investing in real estate suffered outflows totalling 1.2 billion euros in the first eight months of 2004, but said its institutional funds investing in the asset class remained healthy during the period.

  • News

    UK’s Dorset allocates to hedge funds in revamp

    2004-10-05T03:49:00Z

    UK - The 900 million-pound (1.3 billion-euro) Dorset County Pension Fund has allocated five percent of its portfolio to hedge funds investments as part of a review of investment strategy.

  • Features

    Building up real estate

    October 2004 (Magazine)