Real Estate – Page 90
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News
Deutsche AM posts €12bn 1H05 investor outflows
GERMANY – Deutsche Asset Management, the institutional fund arm of Deutsche Bank, suffered €12bn in investor outflows during the first half of 2005.
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News
Investment funds enjoy boom - Feri
EUROPE – Investment funds in Europe are having a boom year, with the total inflows by end of May of €151bn already ahead of the total invested in all of 2004 of €133bn, according to latest figures from Feri Fund Market Information in London.
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News
UK protection fund ‘to strangle DB in charities’
UK – The Pensions Trust has warned that the Pension Protection Fund and the new FRS17 accounting standard could “completely strangle DB provision in the charitable sector”.
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News
Denmark’s PKA grows to more than €13bn
DENMARK – Pensionskassernes Administration, the third largest pension provider in Denmark, says its first-half return of 12.1% has taken its market value to more than DKK100bn (€13.3bn).
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News
Irish reserve fund commits €3bn to private equity
IRELAND – The €13.5bn Irish National Pensions Reserve Fund says it plans to commit around €3bn to private equity in the next five years or so.
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News
Analysts welcome Deutsche Asset Management exit
UK - Deutsche Bank watchers have welcomed this morning’s announcement that virtually all of Deutsche Asset Management in the UK will be sold to rival Aberdeen, noting that the move gives Deutsche an elegant exit from the business.
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News
CalPERS invests €21.7m in Californian vineyards
US – CalPERS, the largest US pension fund, has bought Californian vineyards for $26m (€21.7m) – looking for a return above 16%.
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News
Dutch schemes in $175m US real estate deal
NETHERLANDS – Pensions management company MN Services says it has entered into a real estate joint venture with US company Fairfield Residential on behalf of two Dutch pension funds.
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News
DeAM Germany chief Behrens quits to join Deka
GERMANY – Oliver Behrens, head of Deutsche Asset Management in Germany, is to join the management board of fund provider DekaBank.
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News
BT scheme eyes commodities by end-2005
UK – The £50bn (€74.2bn) pension scheme of phone firm British Telecom may allocate a “single figure” percentage of its assets to commodities from its equity portfolio by the end of the year.
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Features
Steady as she goes in the Midwest
The investment market in North America was nothing less than astounding in 2004 and a competitive buying environment combined with low interest rates has fuelled that trend in 2005 so far. Foreign investors have always had the US on their radar screens, but the investment environment in recent years has ...
