Northern Trust announced changes in leadership in the Netherlands and Europe, Middle East and Africa (EMEA), with Wim van Ooijen as the new country head for The Netherlands.
Aviva Investors announced the promotion of Jean-Francois Boulier to chief executive for Europe.
The board of Gartmore Group has appointed Robert Kyprianou as an independent non-executive director, effective Sept. 1.
Van Eyk Research CEO Mark Thomas has criticized the Australian investment research industry alleging that his peers are not applying high levels of scrutiny to fund managers that shell out quid for ratings.
Northern Trust has been approved by the China Banking Regulatory Commission (CBRC) to obtain a branch license in Beijing.
T. Rowe Price has bulked up its Northern Europe team with the appointment of a senior business development executive.
JPMorgan Asset Management has promoted Michael O’Brien to be its first global head of its institutional client group.
The London Pensions Fund Authority (LPFA) has submitted pension reform recommendations to the Independent Public Service Pensions Commission regarding the Local Government Pension Scheme (LGPS).
EIM has appointed Jan-Erik Frogg as president of its executive committee.
Amundi, the product of the merger of the asset management units of Crédit Agricole and Société Générale, has appointed Peter Lindgren as deputy general manager at Amundi Nordic countries.
The fund managed by BNP Paribas Clean Energy Partners has purchased 100% of Gortahile Windfarm, which owns and runs a 20 megawatt wind farm in Co. Laois, from ABO Wind Ireland.
Schroder Investment Management has appointed Mark Brandreth as co-head of research of the quantitative equity products for its global equities team.
The pension scheme for the Thomas Cook travel agency will delay any investment changes until after its next valuation, scheduled for June 30.
U.K. financial services firm Close Asset Management will acquire Chartwell Group.
Aegon Asset Management has hired Andrew Bell as head of European product and marketing.
Scottish Widows Investment Partnership has promoted Andrew November to director of equities.
Tactical asset allocation may experience a resurgence amid a volatile market and disappointing returns, according to Barclays Capital Director of Funds Business Caroline Saunders.
Royal London is losing CEO Mike Yardley, who plans to depart once the firm chooses a replacement.
ING has moved to sell its 50% position in Canadian industrial property portfolio ING Summit Industrial Fund.
RPMI has expanded its investment analysis unit with two appointments.
AustralianSuper has four new internal investment roles to fill that were created to improve the fund’s internal investment abilities.
Old Mutual Investment Group Property Investments, the real estate asset management and development unit of Old Mutual SA, is preparing to list a blue chip portfolio of South African properties on the Johannesburg Stock Exchange.
Nikko Asset Management has tapped ex-Morgan Stanley Investment Management Asia ceo to help expand in the region.
The ATP Group revealed first half profits of DKK11.7 billion, including an equity return of DKK5 billion.
The Australian Securities and Investment Commission is planning to wind up four companies that did business as the fundraising unit of real estate developer IC Group.
F&C Asset Management announced plans to close its acquisition of Thames River Capital by Sept. 1, pending approval from the Financial Services Authority.
The Canada Pension Plan Investment Board has joined forces with Australia’s Future Fund to commit AUD750 million to Colonial First State Global Asset Management’s restructured retail real estate fund.
The Pension Protection Fund sheltered six more schemes in July.
Reinvest Partners is collaborating with Consortium IM to introduce its Exempt Unit Trust (EUT), dubbed RE-Forest Fund.
Public sector pension scheme liabilities are behind the national debt of GBP5 trillion (USD7.7 trillion) and are a topic to watch, according to Institute of Economic Affairs.
Former U.K. Prime Minister Tony Blair has formed an investment company to cater to funds and individuals.
The Pension Protection Fund has unveiled its new goal to become financially independent by 2030. For the first time, the long-term funding strategy was revealed.
Skandia Investment Group has made a GBP3 million investment in the Templeton Global Bond Fund for its Global Fixed Interest Blend Fund.
Tower Australia has added two individuals to its risk new business team.
Investment house TPG revealed its plans to start a RMB-denominated fund after inking an agreement with the local government of Pudong New Area, Shanghai Municipality.
Upwards of 1,000 BBC workers inked a petition seeking a meeting with the scheme trustees regarding changes to the pension scheme.
RBC Dexia Investor Services has hired David Dibben as head of global fund products.
Man Group has appointed Luke Ellis as head of its multi-manager unit.
Mirae Asset Global Investments has secured a new investment from Dexia Asset Management in the Mirae Asset Korea Equity SICAV.
QIC has tapped ex-UBS Global Asset Management Head of Credit Research Philip Miall to serve as head of investment-grade credit in its fixed-interest team.
New data from the European Fund and Asset Management Association (EFAMA) revealed in its investment fund industry fact sheet that while long-term UCITS funds experienced outflows in June, the amount dropped.
South Australia’s Statewide Super has renewed Metlife’s insurance mandate.
The New Zealand Superannuation Fund hiked its global equities commitment from 45.1% to 63.1% during July, and reported pre-tax returns of 4.76%.
The Norway Pension Fund Global has pulled its money from two Israeli companies and one Malaysian company citing “unethical activity” on the part of the three companies.
Investment staff at the Universities Superannuation Scheme shared bonus payments of nearly GBP3 million in 2009, according to a union.
Cofunds Head of Sales Nick Godfrey has quit the fund platform’s sales and marketing department.
DnBNOR’s Asian equity fund manager, Anna Ho, has left the Norwegian firm.
Skandia Investment Group’s Global Dynamic Equity Fund has purchased a 1.5% holding in the DWS Global Agribusiness Fund under the management of Global Thematic Partners.
South Korea’s largest investor, National Pension Service, is reportedly in talks to acquire a U.S. oil pipeline.
The Pensions Regulator is taking action with trustees that have not conducted their formal covenant review, according to a lawyer.
Private equity firm Avista Capital Partners and the Ontario Teachers Pension Plan’s private investor department, Teachers Private Capital, inked an agreement to buy INC Research.
Deutsche Bank has appointed Ajay Kapur and two colleagues from Mirae Asset Securities as members of a dedicated Asian equity strategy team.
Sompo Japan Asset Management is prepping the launch of a new Africa equity fund next month.
State Street Corporation announced improvements to its risk analytics and servicing tools for institutional investors, as well as new portfolio reallocation tools, economic stress tests, and expanded investment coverage.
China’s USD300 billion sovereign wealth fund may select China Asset Management Co., the nation’s biggest fund manager, to manage a piece of its international investments.
Threadneedle has named Jonathan Pitkänen head of investment grade research. He will report for David Oliphant, manager of the Threadneedle U.K. Corporate Bond Fund.
Algemene Pensioen Groep (APG) is planning to increase its real estate investment in Asia.
BBC pension scheme trustees have called upon a QC to get input on a change the company proposed to pensions without their input.
Hermes Fund Managers has launched a new U.K.-based subsidiary.
Legg Mason’s global macro investment managers are looking at Japan for possible investments in stocks, investment grade corporate bonds, short-dated government bonds and gold.