Volkswagen awards KAS BANK £51m custody brief
EUROPE - The Volkswagen Group pension scheme has awarded a £51m global custody mandate to European securities bank KAS BANK.
KAS BANK will provide core custody and custody related services as well as fund accounting to the global equity portfolio, managed by Alliance Bernstein. Laurens Vis (pictured), managing director of KAS...
More on Europe
Interview: The new boy in Brussels
Michael Bow talks to Matti Leppälä
Multinationals remain sceptical of cross-border pensions
EUROPE - The majority of European multinational companies would like to develop cross-border pensions but differing regulations among member states and uncertainty over changing European rules are giving plan sponsors pause, AEGON finds.
Mercer launches stewardship service for trustees
EUROPE - Mercer has launched a service to help trustees and other institutional investors meet their stewardship requirements.
The cost of a political crisis
That the third quarter was turbulent was no surprise. But recently released funding figures for pension funds and asset under management figures for asset managers have helped us crystallise the cost of the uncertainty surrounding the future of the EU...
Financial transaction tax: a costly proposal
Pension funds could soon have to bear the cost of a Europe-wide tax on equity, bonds, currency and derivative transactions, finds Lynn Strongin Dodds
