All articles by Shayla Walmsley – Page 16
-
News
Insight sacks six in restructure
UK - Insight Investment has fired six UK analysts – three from equities and three from the UK research team – in a restructuring effort aimed at turning around its underperformance in UK equities.
-
News
CalPERS JV to target Spanish holiday homes
REAL ESTATE - The California Public Employees' Retirement System (CalPERS) is to invest in Mediterranean holiday homes via a €231m fund set up with private US developer Hines.
-
News
Publica in €70m Basle development
REAL ESTATE – Publica, a pension fund for federal employees that is one of Switzerland’s largest, has invested CHF110m (€70m) in the creation of 240 new flats in the city of Basle (from www.iperealestate.com).
-
News
BP Pension Fund loses bid to build UK town
REAL ESTATE – The £12bn (€17.4bn) BP Pension Fund has failed to gain preliminary approval to build a new town in southern England.
-
News
Stouthamer boosts European team
REAL ESTATE - Composition Capital – the investment management firm set up by former MN Services real estate chief Erwin Stouthamer last year – is close to hiring an investment manager for its Composition Capital Europe fund.
-
News
Finland’s Fennia eyes overseas real estate
REAL ESTATE - Public sector scheme Pension-Fennia is to invest €200m – 30% of its real estate allocation – in overseas indirect property amid increasing concerns over potential volatility in the Finnish market. (From iperealestate.com.)
-
News
Dutch rail fund questions real estate boom
NETHERLANDS - Dutch pension funds will ditch bricks for funds, according to Peter van Gool, deputy director of real estate at Dutch pension fund SPF Beheer.
-
News
IPE Real Estate Awards: the winners
REAL ESTATE - Pension funds’ adoption of new models for new markets paid off at the IPE Real Estate Awards last night as investors collected prizes for geographical diversification and the move into indirect investment.
-
News
Schroders scheme ups property allocation
REAL ESTATE - Schroders has shifted its £500m (€733m) pension fund towards UK commercial real estate – with investment head Alan Brown slamming the “transparently wrong” assumptions underpinning asset/liability modelling.
-
News
Morley launches real estate trading facility
REAL ESTATE - Morley Fund Management has unveiled a UK “trading facility” for its own unlisted real estate funds. (This article first appeared on www.iperealestate.com)
-
News
Espoo to recruit six fund managers
FINLAND - Finnish city, Espoo, is scouting for investment teams to manage a new €364m fund being created.
-
News
Hymans axed from Newham scheme
UK - The London Borough of Newham has axed consultancy firm Hymans Robertson as actuarial services provider for its £500m (€719m) defined benefit scheme - the fund has appointed Mercer instead.
-
News
Schemes to raise real estate allocation – ING
REAL ESTATE - Pension funds will hike their allocations to real estate over the next five years as they ditch the drive for returns in favour of “an approach based on managing assets and liabilities”, according to George Jautze, CEO of ING Real Estate. (This article first appeared on iperealestate.com.)
-
News
IVG to offer schemes custom real estate vehicles
REAL ESTATE - Bonn-based IVG Immobilien is to target pension funds with bespoke vehicles invested in non-listed real estate – in addition to its growing portfolio of closed-end core, opportunistic and development funds (This story originally appeared on IPERealEstate.com).
-
News
AP3 to raise global real estate allocation
REAL ESTATE - Swedish national buffer fund Tredje AP-fonden, AP3, is to boost its long-term real estate allocation to 8.5% - at least half of it in overseas property.
-
News
Irish construction scheme ups real estate
REAL ESTATE - The Construction Federation Operatives Pension Scheme (CFOPS), the Irish builders’ fund, has boosted its real estate allocation by 2% with a move into indirect investment (This story previously appeared on www.iperealestate.com).
-
News
BAE to sell property to pay for pensions
UK - BAE Systems says it plans to help plug its £2.4bn (€3.5bn) main pension fund deficit with £240m in property assets and £110m in cash.
-
News
Danish schemes eye global real estate
REAL ESTATE - Investors including four major Danish pension funds have committed E310m in the first closing of the global real estate fund in Europe to invest in non-listed property funds. (This article first appeared on www.IPERealEstate.com.)
-
News
Mercer: UK funds need new real estate mindset
REAL ESTATE - UK pension funds need to upgrade their real estate managers if they’re to expand mandates into mainland Europe and beyond, according to Mercer consultant Greg Wright. (This story first appeared on www.iperealestate.com.)
