UK - Deutsche Property Asset Management chief executive Simon Cooke is standing down to spend more time with his family.
Cooke, who has been with the company since 1990, will stay closely involved with a number of property investment initiatives and retain his role as a non-executive director of DePAM.
The property division at DePAM will remain unchanged by the move, with James Petit keeping responsibility for investment management, Nigel Bennett for investment strategy and research, Gordon Aitchison for property transactions, and Bill Hackney for all operational aspects.
DePAM chairman, Roger Morris, said: “I am sorry to see Simon stand down, but I understand his reasons for doing so.
“I have every confidence the team has the skills and dedication to maintain its excellent returns for our clients.”
DePAM’s flagship fund, the Deutsche UK Managed Property Fund, has enjoyed upper-quartile performance over 10 years as at the end of 2002.
The Pensions Regulator (TPR) and Labour MP Stephen Kinnock and will listen to the experiences of steelworkers when transferring their pensions away from the British Steel Pension Scheme (BSPS) next week in Port Talbot.
Just Group has acquired a 75% stake in the holding company of Corinthian Pension Consulting in a bid to strengthen its professional defined benefit (DB) advisory services.
The Pensions Regulator (TPR) has exercised its production order power under the Proceeds of Crime Act 2002 for the very first time as part of a fraud investigation.
The ITN Limited Pension Scheme has named Trafalgar House as its administrator for an initial term of five years.