New Belgian fund sought
BELGIUM - The Belgian municipality of Brecht has tendered a €2.4m (£1.8m) mandate for a new pension fund.
Gaston van Camp, a spokesman for the council, said there were several parties interested in running the mandate and the municipality expected bank-insurers who specialise in managing assets on this basis...
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BAPI appoints Van Gutte as secretary general
Karel Van Gutte has been named as secretary general of the Belgian Association of Pension Institutions (BAPI).
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Dutch and Belgian investors plan to sue Lehman counterparties
NETHERLANDS/BELGIUM - A group of Dutch and Belgian investors is planning to sue ABN Amro and KBC who acted as counterparties in trades with Lehman Brothers and Ernst & Young who audited the bank's accounts.
European cross-border pensions on the rise
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Belgian funds fall
BELGIUM - Pension funds lost an average of 15.5% over the year up to September, and shifted allocations from equities to bonds, research by Mercer reveals.
