http://moneymanagementletter.com/RSS.aspx?FeedID=399©2010 Compliance Reporter60SearchesVictoria-Volksbanken Pensionskassen has recently decided against a maiden investment in inflation-linked bonds, although it has been eyeing this asset class for some time.http://moneymanagementletter.com/Article/2662032/Austrian-Scheme-Drops-Inflation-Linked-Bonds-Plan.aspxFri, 03 Sep 2010 18:14:46 GMTThe MHH Engineering Pension Fund is considering changing to a more active management style following its valuation.http://moneymanagementletter.com/Article/2662031/Engineering-Fund-Considers-Active-Strategy.aspxFri, 03 Sep 2010 18:14:40 GMTBank Degroof Pension Fund has dropped its plan to increase its equity and real estate allocation. http://moneymanagementletter.com/Article/2661346/Belgian-Bank-Ditches-Plans-To-Up-Equity-RE.aspxThu, 02 Sep 2010 22:23:55 GMTCargill Belgium Pensioenfonds is likely to change its asset allocation after conducting its triennial asset/liability matching study planned for the end of the year or January. http://moneymanagementletter.com/Article/2660657/Belgian-Scheme-Mulls-Over-Changes-To-Asset-Mix.aspxThu, 02 Sep 2010 07:55:25 GMTThe GBP600 million Audit Commission Pension Scheme has invested 90% of assets in diversified growth funds with five different investment managers.http://moneymanagementletter.com/Article/2660647/UK-Commission-Switches-To-Growth-Funds.aspxThu, 02 Sep 2010 07:51:55 GMTHenderson Global Investors has been selected to run a mandate for Skandia Investment Group’s U.K. Strategic Best Ideas Fund.http://moneymanagementletter.com/Article/2659633/Henderson-Gains-UK-Mandate.aspxTue, 31 Aug 2010 18:58:07 GMTThere have been several new manager appointments and departures at the GBP500 million Mirror Group Pension Scheme, although Financial Controller Eric Keetch was tight-lipped about the details.http://moneymanagementletter.com/Article/2659033/Newspaper-Group-Shakes-Up-Manager-List.aspxTue, 31 Aug 2010 02:57:45 GMTThe U.K.-based pension schemes attached to the medical Swedish company Getinge Group have appointed Hewitt Associates as their fiduciary investment consultant.http://moneymanagementletter.com/Article/2659031/Medical-Tech-Schemes-Appoint-Fiduciary.aspxTue, 31 Aug 2010 02:55:26 GMTArcelor-Mittal Pension Insurance fund may make a maiden investment in indirect real estate, either next year or in 2012. http://moneymanagementletter.com/Article/2657804/Belgian-Steel-Scheme-Weights-Foray-Into-RE.aspxThu, 26 Aug 2010 19:04:04 GMTGroep New Holland Belgie Voorzorgsfonds, the EUR35 million Belgian corporate defined benefit scheme, has invested for the first time in alternatives through a fund of hedge funds using an absolute return strategy.http://moneymanagementletter.com/Article/2657803/Tractor-Scheme-Makes-Maiden-Alts-Investment.aspxThu, 26 Aug 2010 19:01:41 GMTMetallRente Pensionfonds, the multi-employer scheme for the German metal industry, has decided to invest only in shares of companies that fit socially responsible investment criteria. http://moneymanagementletter.com/Article/2657464/Metal-Scheme-Chooses-SRI-Strategy.aspxThu, 26 Aug 2010 13:07:25 GMTThe GBP73 million Millennium Inorganic Chemicals Pension Scheme has hired BlackRock and Schroder Investment Management for a maiden move into alternatives.http://moneymanagementletter.com/Article/2657463/Chemical-Company-Hires-Alts-Manager-Eyes-LDI.aspxThu, 26 Aug 2010 13:06:25 GMTThe pension fund of HeidelbergCement has selected seven external fund managers. Two will handle a corporate bonds mandate, while five hold alternatives briefs. http://moneymanagementletter.com/Article/2657462/Cement-Scheme-Picks-Manager-Septet.aspxThu, 26 Aug 2010 13:05:31 GMTThe GBP40 million Scottish Midland Co-operative Society Employees Superannuation Fund is considering investing in the Global Absolute Return Strategy (GARS) provided by its sole investment manager Standard Life Investments.http://moneymanagementletter.com/Article/2657461/Co-op-Considers-Absolute-Return.aspxThu, 26 Aug 2010 13:04:42 GMTOrbiMed Capital has been hired by Skandia Investment Group to manage the Skandia Healthcare Fund. http://moneymanagementletter.com/Article/2656249/OrbiMed-Wins-Healthcare-Mandate.aspxTue, 24 Aug 2010 17:26:17 GMTThe investment committee of Personalvorsorgestiftung der Rivella AG, a CHF52 million (GBP31.38 million) corporate defined contribution scheme, will meet next month to discuss changes to its investment strategy.http://moneymanagementletter.com/Article/2655932/Food-Manufacturer-Mulls-Over-Changes-To-Asset-Mix.aspxTue, 24 Aug 2010 12:07:30 GMTThe investment committee of Personalvorsorgestiftung der Rivella AG, a CHF52 million (GBP31.38 million) corporate defined contribution scheme, will meet next month to discuss changes to its investment strategy.http://moneymanagementletter.com/Article/2655917/Food-Manufacturer-Mulls-Over-Changes-To-Asset-Mix.aspxTue, 24 Aug 2010 00:00:00 GMTEuropean real estate high returns are leading Generali Pensionskasse AG to increase its exposure to the asset class.http://moneymanagementletter.com/Article/2655200/Austrian-Insurer-To-Increase-RE.aspxMon, 23 Aug 2010 12:02:17 GMTThree asset managers have been terminated by manager of managers Spängler Fonds KAG. http://moneymanagementletter.com/Article/2655192/Austrian-Multi-Manager-Drops-Manager-Trio.aspxMon, 23 Aug 2010 11:59:53 GMTNestlé Pensionskasse will conduct an asset/liability matching study next year with the help of Nestlé Capital Advisers. http://moneymanagementletter.com/Article/2654448/Chocolatiers-Plan-ALM-Study.aspxFri, 20 Aug 2010 09:41:53 GMTThe GBP1.2 billion AA Pension Scheme has undertaken a significant change of strategy and managers since appointing Hewitt Associates as its consultant last August (iisearches, 7/8/09).http://moneymanagementletter.com/Article/2654446/Motor-Insurer-Diversifies-Portfolio.aspxFri, 20 Aug 2010 09:39:40 GMTThe GBP1.58 billion Shipbuilding Industries Pension Scheme has completed its valuation and the results are due to be discussed at the next trustee meeting on Sept. 22.http://moneymanagementletter.com/Article/2654445/Shipbuilder-Scheme-Completes-Valuation.aspxFri, 20 Aug 2010 09:37:30 GMTThe British Airways Pension Fund has made a change to previous strategy and invested in City of London office property.http://moneymanagementletter.com/Article/2654443/National-Airline-Invests-In-City-Property.aspxFri, 20 Aug 2010 09:36:03 GMTMalaysian Reinsurance Berhad has hired an independent investment consultant to conduct an asset/liability modelling study. http://moneymanagementletter.com/Article/2654442/Malaysian-Insurer-Hires-Consultant-For-Review.aspxFri, 20 Aug 2010 09:34:34 GMTThreadneedle has lost a fixed-income mandate to Capital Four Management at Skandia Investment Group. http://moneymanagementletter.com/Article/2654441/Skandia-Replaces-Threadneedle-With-Capital-Four.aspxFri, 20 Aug 2010 09:31:59 GMTAEGON Asset Management has won a GBP300 million asset allocation overlay mandate with the Molins U.K. Pension Fund. http://moneymanagementletter.com/Article/2653808/UK-Corporate-Scheme-Invests-In-Asset-Allocation-Service.aspxThu, 19 Aug 2010 10:48:06 GMTMistra, the SEK2.9 billion (GBP263 million) Swedish foundation for strategic environmental research, has picked LGT Capital Partners as its new manager for a private equity mandate. http://moneymanagementletter.com/Article/2653137/Foundation-Picks-Private-Equity-Manager.aspxWed, 18 Aug 2010 10:53:11 GMTUnion Bancaire Privée has won a mandate for international corporate bonds with Fondation de Prévoyance de British American Tobacco Switzerland SA (BAT).http://moneymanagementletter.com/Article/2653136/Swiss-Investment-Bank-Wins-FI-Mandate.aspxWed, 18 Aug 2010 10:50:48 GMTThe PB U.K. Group Pension Scheme has undergone an investment review, with decisions on future investment strategy expected at the next trustees meeting in November.http://moneymanagementletter.com/Article/2653121/Construction-Company-Considers-Strategy-Rebuild.aspxWed, 18 Aug 2010 10:47:07 GMTPersonalvorsorge der Klinik Hirslanden AG, the CHF550 million (GBP338 million) corporate defined benefit scheme, has made a maiden investment in insurance-linked securities.http://moneymanagementletter.com/Article/2653118/Private-Clinics-Test-Catastrophe-Bonds.aspxWed, 18 Aug 2010 10:45:43 GMTUnipension, the Danish administration service, has shortlisted four undisclosed managers for two European small-cap mandates. http://moneymanagementletter.com/Article/2652117/Danish-Scheme-Shortlists-Euro-Small-Cap-Managers.aspxMon, 16 Aug 2010 18:33:01 GMTIST Investmentstiftung für Personalvorsorge, the Swiss manager of managers specialised in staff provisions, has recently terminated a global equity mandate held by Bank Sarasin due to underperformance. http://moneymanagementletter.com/Article/2651530/Swiss-Investment-Firm-Terminates-Equity-Manager.aspxFri, 13 Aug 2010 19:20:10 GMTThe AUD700 million (GBP422 million) Shell Australian Superannuation Fund is planning to conduct a full review of its strategic asset allocation once a triennial asset/liability modelling study is completed towards the end of the year.http://moneymanagementletter.com/Article/2651529/Petrol-Scheme-Plans-Asset-Mix-Review.aspxFri, 13 Aug 2010 19:20:06 GMTThe GBP650 million Motorola U.K. Pension Plan has terminated BankInvest’s GBP60 million global active equity mandate.http://moneymanagementletter.com/Article/2651517/Phone-Manufacturer-Hangs-Up-On-Equity-Manager.aspxFri, 13 Aug 2010 19:00:04 GMTMedizinische Universität Innsbruck is looking to join an existing multi-employer defined contribution scheme that will provide pensions to the medical university’s employees that are not civil servants. http://moneymanagementletter.com/Article/2651511/Austrian-University-Seeks-Multi-Employer-Home.aspxFri, 13 Aug 2010 18:48:02 GMTPensionskasse der Philips, the CHF370 million (GBP222 million) corporate defined contribution scheme, plans to increase its allocation to Swiss direct real estate to 20% from 11%. http://moneymanagementletter.com/Article/2650424/Electronics-Scheme-To-Buy-More-RE.aspxThu, 12 Aug 2010 10:46:10 GMTThe GBP43 million Knight Frank Staff Pension Fund is discussing moves into diversified growth funds or alternatives, with decisions expected following the results of the asset/liability matching study in October.http://moneymanagementletter.com/Article/2650419/Estate-Agent-Eyes-DGF-Alternatives.aspxThu, 12 Aug 2010 10:43:08 GMTThe GBP20 million Thames & Hudson Pension Fund is set to sign off its actuarial valuation, conducted by actuary and consultant Mercer in October.http://moneymanagementletter.com/Article/2650407/Art-Book-Manufacturer-Considers-Investment-Policy-Change.aspxThu, 12 Aug 2010 10:39:05 GMTThe GBP652 million Novartis U.K. Pension Scheme has replaced Goldman Sachs Asset Management with BlueCrest Capital Management for its active equity brief. http://moneymanagementletter.com/Article/2650401/Pharmaceutical-Company-Switches-Equity-Manager.aspxThu, 12 Aug 2010 10:34:30 GMTAssurinvest AG, a Swiss investment consultancy firm specialising in pension funds, will advise its clients to replace underperforming managers at the end of the year, particularly those handling international bonds. http://moneymanagementletter.com/Article/2649471/Swiss-Consultant-To-Look-For-Global-Bonds-Manager.aspxWed, 11 Aug 2010 09:57:16 GMTCaterpillar Fonds de Prevoyance, the EUR55 million Belgian defined benefit scheme, plans to apply a more passive approach to real estate due to disappointing performance amid risk in the past two years. http://moneymanagementletter.com/Article/2649470/Machinery-Manufacturer-To-Switch-To-Passive-RE.aspxWed, 11 Aug 2010 09:56:08 GMTVolkswagenstiftung, the EUR2.7 billion German foundation, plans to terminate its hedge funds mandate because it did not meet expectations. http://moneymanagementletter.com/Article/2649464/Car-Foundation-To-Drop-Hedge-Funds.aspxWed, 11 Aug 2010 09:51:24 GMTA triennial asset/liability matching study will begin this week for the GBP70 million Leeds Building Society Staff Pension Scheme.http://moneymanagementletter.com/Article/2649462/Building-Society-Starts-ALM.aspxWed, 11 Aug 2010 09:49:09 GMTSandviks Pensionsstiftelse, the SEK1.9 billion defined benefit scheme, has plans to increase real estate and alternatives, mainly private equity and venture capital, before the end of the year. http://moneymanagementletter.com/Article/2647814/Swedish-Fund-Targets-RE-Alts-Increase.aspxMon, 09 Aug 2010 11:22:17 GMTThe Otto U.K. Pension Scheme is undergoing a risk reduction exercise, expected to be concluded within this financial year, which will likely consider investment in swaps.http://moneymanagementletter.com/Article/2647810/Mail-Order-Group-Considers-Swaps.aspxMon, 09 Aug 2010 11:18:43 GMTThe GBP288 million Midlands Co-Operative Society Employees’ Pension Scheme is set to make a new property investment with Threadneedle Investments next week, according to Pension Fund Manager Nigel Smith.http://moneymanagementletter.com/Article/2647807/Co-Op-Scheme-Buys-Into-Property.aspxMon, 09 Aug 2010 11:15:11 GMTThe GBP20 million Pochin’s & Associated Companies Retirement Benefit Plan will make decisions on plans to invest in liability-driven investments or alternatives at a meeting at the end of September.http://moneymanagementletter.com/Article/2646733/Construction-Company-Plans-AltsLDI-Move.aspxFri, 06 Aug 2010 10:34:30 GMTThe GBP2.5 billion Imperial Tobacco Pension Fund is in the early stages of its triennial actuarial valuation process, assisted by incumbent actuary Towers Watson.http://moneymanagementletter.com/Article/2646731/Tobacco-Manufacturer-Undergoes-Valuation.aspxFri, 06 Aug 2010 10:33:21 GMTAngloGold Pension Fund, the ZAR2 billion (GBP176 million) for the mining company in South Africa, is prepping to hire an additional international equity manager. http://moneymanagementletter.com/Article/2645377/Miners-Eye-International-Manager.aspxThu, 05 Aug 2010 02:26:23 GMTStichting Pensioenfonds Koninklijke Vopak, the EUR600 million hybrid scheme, recently terminated an emerging markets bond mandate with INVESCO Asset Management. http://moneymanagementletter.com/Article/2645376/Dutch-Scheme-Terminates-EM-Mandate.aspxThu, 05 Aug 2010 02:25:18 GMTFine Tubes Ltd., the Plymouth-based manufacturer of precision metal tubing, has appointed BBS to manage its final salary scheme.http://moneymanagementletter.com/Article/2645372/Tubing-Firm-Hires-BBS.aspxThu, 05 Aug 2010 02:21:19 GMTThe Palmer and Harvey Staff Superannuation Fund has appointed Barnett Waddingham & Co. as its new actuary, administrator and consultant.http://moneymanagementletter.com/Article/2645371/Wholesaler-Appoints-Consultant-Actuary.aspxThu, 05 Aug 2010 02:20:20 GMTTwo Dutch pension schemes are considering merging. http://moneymanagementletter.com/Article/2644098/Dutch-Funds-Consider-Merger.aspxTue, 03 Aug 2010 17:58:19 GMTThe Contributory Scheme, the Australian AUD1.5 billion (GBP904 million) fund administered by the Retirement Benefits Fund Board, is prepping changes to its international and domestic equity investments, including its long/short allocation. http://moneymanagementletter.com/Article/2644089/Aussie-Plan-Eyes-Equity-Mix-Adjustment.aspxTue, 03 Aug 2010 17:54:54 GMTFondo Pensione Arco, the EUR250 million pension fund for Italian builders, has picked six managers for two of its balanced portfolios. http://moneymanagementletter.com/Article/2644087/Italian-Builders-Choose-Balanced-Managers.aspxTue, 03 Aug 2010 17:52:01 GMTThe GBP195 million Norwest Holst Pension Scheme is still considering further infrastructure investment, while fiduciary management talks have stalled.http://moneymanagementletter.com/Article/2643126/Construction-Company-Considers-Infrastructure-Investments.aspxMon, 02 Aug 2010 18:09:14 GMTSpoorwegpensioenfonds, a EUR13.5 billion (GBP11.16 billion) multi-employer defined contribution scheme, has increased investment in emerging markets to around 25% from 20%. http://moneymanagementletter.com/Article/2643120/Transport-Fund-Boosts-EM-Investment.aspxMon, 02 Aug 2010 18:07:46 GMTThe GBP530 million Marley 1986 Pension Scheme has appointed Mercer to provide actuarial and consulting services.http://moneymanagementletter.com/Article/2643119/Tile-Manufacturer-Picks-Actuary-Consultant.aspxMon, 02 Aug 2010 18:06:40 GMTStichting Algemeen Pensioenfonds Provisum, a EUR1 billion defined contribution scheme, has made a maiden foray into commodities worth 5%, following a recently completed asset/liability modelling study. http://moneymanagementletter.com/Article/2642552/Dutch-Fund-Adds-Commodities-Investment.aspxMon, 02 Aug 2010 03:50:33 GMTBerolina Pensionskasse VVaG (Unilever Deutschland), the EUR1.2 billion German corporate defined benefit scheme, plans to invest in alternatives next year, most likely in hedge funds. http://moneymanagementletter.com/Article/2642551/German-Corporate-Scheme-Eyes-Hedge-Funds.aspxMon, 02 Aug 2010 03:49:05 GMT