International

Investec adds institutional sales executive for Southeast Asia

Keeran J. Mane joined Investec Asset Management in Singapore as executive director, institutional sales, for Southeast Asia.

November 14, 2014 | 12:13 pm
Canada Pension Plan returns 3.4% in latest quarter

Canada Pension Plan returns 3.4% in latest quarter

Canada Pension Plan returned a gross 3.4% in the quarter ended Sept. 30, its fiscal second quarter, helping raise plan assets to C$234.4 billion (US$206.9 billion).

November 13, 2014 | 12:25 pm

Ontario Teachers names Hong Kong director for Asia equity investments

Dan Kiang joined Ontario Teachers' Pension Plan in Hong Kong as a director in relationship investing, focused on direct equity investments across Asia.

November 13, 2014 | 11:02 am

University of Bradford taps Cazenove for long-term investments

University of Bradford hired Cazenove Capital Management to provide investment management services for its long-term investment funds.

November 13, 2014 | 02:04 pm

Makro Staff Pension Scheme completes buy-in with Rothesay Life

The Makro Staff Pension Scheme completed a £185 million ($291.5 million) pension buy-in with Rothesay Life, said Emma Watkins, partner at Lane Clark & Peacock and lead adviser on the deal.

November 13, 2014 | 12:30 pm
Asia-focused hedge fund assets up 4.6% YTD through Sept. 30

Asia-focused hedge fund assets up 4.6% YTD through Sept. 30

Estimated assets of Asia-focused hedge funds are up 4.6% year-to-date through Sept. 30 to $117.4 billion, according to an HFR report released Thursday.

November 13, 2014 | 11:51 am
Regulators levy $4.4 billion in fines on banks for forex manipulation

Regulators levy $4.4 billion in fines on banks for forex manipulation

Citibank, HSBC, J.P. Morgan Chase, Royal Bank of Scotland and UBS received a combined $3.4 billion in penalties from U.S., U.K. and Swiss regulators for manipulating foreign exchange benchmark rates...

November 12, 2014 | 09:55 am

Danish pension fund goes with 5 managers for fixed income

Lonmodtagernes Dyrtidsfond, Frederiksberg, Denmark, hired five managers to run more than 20 billion Danish kroner ($3.35 billion) in fixed income.

November 12, 2014 | 01:11 pm
S&P Dow Jones downgrades Morocco to frontier market status

S&P Dow Jones downgrades Morocco to frontier market status

Morocco has been reclassified as a frontier market country by S&P Dow Jones Indices, following feedback from market participants.

November 12, 2014 | 12:31 pm

Taiwan's Cathay Financial to buy Conning Holdings

Cathay Financial Holding Co. will buy Conning Holdings Corp. a money manager focused on insurance clients, from private equity firm Aquiline Capital Partners for up to US$240 million.

November 12, 2014 | 08:27 am

Hermes hires head of real estate debt

Vincent Nobel was appointed head of real estate debt at Hermes Investment Management.

November 11, 2014 | 12:06 pm

Nikko hires 3 for Middle East, Africa and Asia institutional business

Nikko Asset Management appointed three executives to its institutional business, covering three separate roles in the Middle East, Africa and Asia.

November 11, 2014 | 02:20 pm

U.K. pension funding deficit jumps 14.3% in October

The aggregate deficit of occupational pension funds in the U.K. Pension Protection Fund’s 7800 index increased 14.3% to £164.9 billion ($261.3 billion) in October.

November 11, 2014 | 03:10 pm
Insurer Zurich proposes freezing its U.K. pension plans

Insurer Zurich proposes freezing its U.K. pension plans

Zurich Insurance Group Ltd. is proposing to harmonize pension benefits for all U.K. employees by freezing its defined benefit plan to future accruals, with the aim of safeguarding the sponsor against ...

November 11, 2014 | 02:16 pm

Nomura expands U.K. unconstrained fixed-income team

Richard Hodges and Ben Bugg joined Nomura Asset Management U.K. to expand the manager’s fixed-income team.

November 11, 2014 | 10:46 am