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SWITZERLAND - The CHF10bn Pensionskasse Poste - formerly part of the Pensionskasse des Bundes - is expected to finalise its investment direction by the end of November, and may look to boost its equity exposure once it starts to outsource up to CHF4bn...

SWITZERLAND - The newly-created Pensionskasse Poste may outsource between CHF3-4bn during Q1 next year following in an initial transfer from its CHF10bn assets.

GERMANY - Telecommunications firm Deutsche Telekom (DT) has signed an agreement with public sector trade union Vereinte Dienstleistungsgewerkschaft to convert its pension arrangements into an external pension fund.

SWITZERLAND - Urs Landolt is to succeed Hansruedi Hube as chief executive officer of Julius Baer Asset Management, based in Zurich.

SWITZERLAND - The CHF20bn Swiss social security fund (AHV) has longlisted for two global equity mandates totalling CHF1bn and has put its search for alternative investments on hold for at least another year.

GERMANY - BHF-Bank, a subsidiary of ING, has teamed up with financial services companies BHW and BGAG to establish a joint venture in Germany's individual and group pension scheme market. Operating under the name BHW Invest FT GmbH, the joint venture...

GERMANY - Bayerische Hypo- & Vereinsbank AG is to create a pension fund for around 300,000 employees in the German chemicals industry.

SWITZERLAND - Swiss fund manager Bank Julius Baer is targeting small and medium sized pension funds with a new private equity offering under the name, Shape Capital.

SWITZERLAND - The board of directors at UBS has announced the resignation of Eric Honegger, with immediate effect.

GERMANY - Gartmore Investment Management has hired Alena Landa, responsible for institutional sales to clients in Germany, Austria and Switzerland.