Real Estate – Page 108
-
News
AP1 issues clarification about hedge fund plans
SWEDEN – AP1 says recent press statements about it moving into hedge funds are “misleading” and that it will not start reviewing hedge funds until 2005 for possible investment.
-
News
UK unions call for voting transparency
UK – The umbrella body for unions in the UK, the Trades Union Congress, has called for greater voting transparency.
-
News
Lancashire awards custody amid wider revamp
UK - The 2.4 billion-pound (3.56 billion-euro) Lancashire County Council Pension Fund says it will appoint ABN Amro Mellon as its custodian.
-
News
ABP plans to allocate 20% to alternatives
NETHERLANDS – Stichting Pensioenfonds ABP says its new strategic asset allocation targets an allocation of 20% to alternative investments such as hedge funds and private equity, adding that avoiding short-term risk is “not on option”.
-
News
CalPERS says it beats benchmark by over 2%
US – CalPERS has said it returned 29.6% in the one-year period to the end of March, taking its assets to 165.8 billion dollars and beating its benchmark by more than two percent.
-
News
Swiss voters reject pension benefit cut plan
SWITZERLAND - Parliament-backed plans to cut benefits to the first-pillar pension provisions have been halted after 67.9% of voters rejected proposals cuts to pensions and the raising of women’s pension age.
-
News
IPE-QUEST: Dutch pension fund tenders real estate
NETHERLANDS – A Dutch consultant has tendered 10 million euros in real estate for a Dutch pension fund via IPE-Quest.
-
News
ING says institutional AUM rise 4.4%
NETHERLANDS – ING says its institutional assets under management have risen by 4.4% to 131.1 billion euros in the three months to the end of March.
-
News
Ex-API chief Reid in Smedvig real estate link
UK - Iain Reid, former chief executive of Aberdeen Property Investors, has announced his return to the real estate arena.
-
News
Real estate firm EC Harris hires Lane Clark
UK - Real estate consultancy EC Harris has hired Lane Clark & Peacock to provide actuarial, investment and pension administration services to the group’s closed defined benefit pension scheme.
-
News
Hermes names real estate investment head
UK - Hermes Pensions Management has named Fiona Sweeney as its head of real estate investment management.
-
News
AXA asset management revenues rise 25%
FRANCE – Revenues at AXA’s asset management businesses rose by 25.5% to 743 million euros in the first quarter.
-
News
DeAM names European real estate securities head
EUROPE - Deutsche Asset Management has hired John Hammond from Schroders as head of European real estate securities - a new business area for the group’s London property division.
-
News
J P Morgan real estate nabs Deutsche's Tyrell
EUROPE - J P Morgan Fleming Asset Management has hired Nick Tyrell as head of European research and strategy for its real estate business.
-
News
ABN Amro asset management AUM rises
GLOBAL – Client assets under management at ABN Amro’s asset management businesses have risen 12.2% in a year – boosted by the UK, Netherlands and Nordic regions.
