- Save articleNews
Mandate roundup: Alstom picks Mercer as fiduciary
Plus: Dutch scheme selects Symbiotics; European schemes search for equities, property managers
- Save articleNews
Norway sovereign fund ends Alstom monitoring
Corruption concerns had prompted greater scrutiny of French company
- Save articleNews
Norway roundup: KLP bans 16 stocks; local councils plan to tender
KLP sells off Motorola and 16 others; Ålesund, Øygarden and Ullensvang to put KLP-managed pension schemes out to tender
- Save articleNews
Norwegian oil fund seeks proxy access to six US companies
Fund also places France's Alstom under observation for 'risk of gross corruption'.
- Save articleNews
KLP removes Chevron from blacklist after 13-year ban
Coal, tobacco companies added to banned stock list for Norwegian municipal pension provider
- Asset Manager News
GLP’s Global Logistics Business Announces Record Leasing and Developments in 2020
22.7 million sqm (244 million sq ft) of leases signed, driven by record levels of renewal leases and e-commerce demand
- Save articleNews
Norwegian oil fund blacklists China's ZTE Corporation
Government Pension Fund Global cites corruption concerns
- Save articleNews
European investors excluded from US class action
[14:15 CEST 08-09] EUROPE – A US federal judge has ruled institutional investors in France, the Netherlands and UK should be wholly or partially excluded from a US class action against French transportation manufacturer Alstom SA.
- Save articleNews
Friday people roundup
PenSam, Allianz, Prudential, Caisse de dépôt et placement du Québec, Invesco, Spence & Partners, JLT Employee Benefits, LawDeb Pension Trustees
- Save articleNews
Ethos critical of differences in Swiss anti-corruption policies
Sustainable investment group calls for strengthening of Swiss legislation in new report.
- Save articleNews
Swedish buffer funds put four-year limit on talks with 'sin' stocks
AP funds’ Ethical Council tweaks engagement process to better deal with ‘moral grey zone’
- Save article
- Save articleNews
Danish pension funds face up to Israeli investments
[16:15 CET 02-12] DENMARK - Danish pension companies PKA and PensionDanmark have defended their controversial Israel-linked investments in the face of public criticism, while Danica Pension has said it may divest several of the holdings.
- Save articleSpecial Report
Top 1000 Pension Funds 2024: Pensions back at a sweet spot
Assets for the leading 1000 European pension funds grew by 8.7% year-on-year, reversing last year’s loss of 6.8%. This brings total assets back up to above their previous high water mark of €9.7trn in 2022’s research exercise. This year’s overall net gain in assets of €775bn is the largest since 2021’s increase of €810bn.
- Save articleNews
German corporates continue shift to pension plans
[16:40 CET 01-02] GERMANY – German companies are still committed to strengthening occupational pensions, but some firms might have chosen the wrong reasons for outsourcing liabilities, pensions experts have claimed.
- Save articleFeatures
Going the funded route
Voluntary pension funds are growing in importance as a hedge against a decline in the mandatory pension and as an employee retention tool, says Nina Röhrbein
- Save articleNews
UK names actuarial standards board
UK – The 14 members of the new Board for Actuarial standards have been named by the Financial Reporting Council.
- Save articleNews
SEI gets £50m Man B&W Diesel injection
UK – Manager of managers firm SEI Investments has picked up its third UK mandate win with an appointment from the pension fund of MAN B&W Diesel to manage a potentially £50m (e81m) plus multi-manager portfolio....
- Save articleCountry Report
A Napoleonic view of sovereign wealth
Last October president Nicolas Sarkozy surprised a European Parliament meeting in Strasbourg by announcing that France was to have a sovereign wealth fund. Subsequently, government officials spoke of a €100bn fund.
- Save articleNews
Maguire to head SWIP global marketing push
** Maguire to head SWIP global marketing ** Fiach Maguire joins Scottish Widows Investment Partnership as director of global marketing....and all the rest of this weeks major people moves....