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ERAFP picks Natixis, Robeco for U.S. equity
trueERAFP, Paris, hired Natixis Asset Management and Robeco Institutional Asset Management to run U.S. equities.
UBS names new asset management CEO
trueUlrich Koerner will become CEO of UBS Global Asset Management on Jan. 1, according to a news release from the firm.
Illinois Muni wants real estate manager targeting Europe, Latin America
trueIllinois Municipal Retirement Fund on Tuesday issued an RFP for at least one commingled real estate manager to run at least $100 million focused on Europe and/or Latin America.
France's FRR hires 2 for ESG, adds 3 to transition manager roster
trueFonds de Reserve pour les Retraites hired BNP Paribas Asset Management and Kleinwort Benson Investors to manage €150 million ($203 million) each in environmental, social and governance investments.
Altius Associates chooses new EMEA chief
trueRhonda Ryan was named partner and head of Europe, Middle East and Africa investments at Altius Associates.
Norway official sees more diversification for sovereign wealth fund
trueNorway’s central bank governor said it would be natural for the 4.921 trillion kroner ($811.5 billion) Government Pension Fund Global to expand the asset classes in which it invests, as the new government considers how best to deal with the fund’s growth.
Manulife Asset Management picks head of institutional sales for Europe, Middle East
trueJames Wheeler was named managing director and head of institutional sales, Europe and Middle East at Manulife Asset Management.
Franklin Templeton Investments adds head of alternative sales for Europe
truePeter Vincent was named head of alternative sales, Europe, at Franklin Templeton Investments.
AP2 mulls bringing half of active emerging markets equity allocation in-house
trueAP2 is considering switching half of its 9% actively managed emerging markets equities allocation to a value-weighted alternative beta index, to be managed in-house, said Tomas Franzen, chief investment strategist at Pensions & Investments-Nomura Securities' seventh annual global pension symposium.
Norway's sovereign wealth fund says size creates investment hurdles
trueNorway's $810 billion Government Pension Fund Global, Oslo, the world's largest sovereign wealth fund, is finding its record size is becoming a hurdle that's complicating its investment decisions.
Sacramento County Employees chooses European real estate debt fund
trueSacramento County (Calif.) Employees' Retirement System committed $50 million to DRC Capital European Real Estate Debt Fund II.
Norway's Government Pension Fund Global has stopped buying stocks
trueGovernment Pension Fund Global, Oslo, warned that stock market gains might reverse as Europe's biggest equity investor said it won't use new inflows to buy more shares.
KKR to acquire European credit specialist Avoca Capital
trueKKR & Co. will acquire Avoca Capital, a European credit investment manager with about $8 billion in assets under management.
U.K. court awards damages in AP1's securities-lending suit against BNY Mellon
trueAP1, Stockholm, won a ruling from the Commercial Court in London in favor of its lawsuit against former custodian BNY Mellon for negligence in its securities-lending transactions on the sovereign wealth fund's behalf.
Norway fund joins AXA for European commercial real estate debt
trueNorway’s Government Pension Fund Global formed a venture with AXA Real Estate Investment Managers to provide European commercial real estate debt as borrowers rush to refinance maturing loans.