Author profile
Investment
The US Securities and Exchange Commission has accused a former Schroders Investment Management North America portfolio manager of using confidential information to encourage his family members to offload their shares in funds he managed.
14 May 2010
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North America
US - The Securities and Exchange Commission has accused a former Schroders Investment Management North America (SIMNA) portfolio manager of using confidential information to encourage his family members to offload their shares in a fund he managed.
14 May 2010
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Ireland
IRELAND - J.P. Morgan Asset Management has hired Kevin Coughlan as head of its Ireland business, a new position created to help the firm increase its Irish footprint.
14 May 2010
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Netherlands
NETHERLANDS - Stichting Pensioenfonds ABP has posted a record €220bn (US$278bn) in assets, but low interest rates are keeping the pension fund manager from hitting its target solvency level of 105%, ABP said.
12 May 2010
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US
US - BP Plc's board was sued by Louisiana's pension fund for police officers over the Gulf of Mexico oil spill on behalf of shareholders and the company.
12 May 2010
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Canada
CANADA - Caisse de dépôt et placement du Québec chief risk officer Susan Kudzman has stepped down, the pension fund manager said.
12 May 2010
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US
US - Fidelity Investments has reworked its top ranks and brought in BNY Mellon Asset Management president and chief executive Ronald O'Hanley to lead its asset management business while expanding Abigail Johnson's role to oversee distribution.
11 May 2010
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South Africa
SOUTH AFRICA - The assets managed by South Africa's state pension fund manager leaped 24% in the fiscal year through March as share prices soared, Finance Minister Pravin Gordhan said.
11 May 2010
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Europe
EUROPE - The €750bn (US$970bn) European rescue package is a positive short-term fix, but does not provide the structural changes needed to make pension funds and other investors fully comfortable with European sovereign credit, asset managers said.
10 May 2010
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Investment
EUROPE - The €750bn (£642bn) European rescue package is a positive short-term fix, but does not provide the structural changes needed to make pension funds and other investors fully comfortable with European sovereign credit, asset managers say.
10 May 2010
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