Mandate roundup: Pension fund seeks green bond strategies via IPE Quest

first_imgIPE Quest Discovery is a pre-RFP service allowing institutional asset owners to carry out a preliminary search for managers and/or research an asset class they are considering for the first time.The IPE news team is unable to answer any further questions about IPE Quest, Discovery, or Innovation tender notices to protect the interests of clients conducting the search. To obtain information directly from IPE Quest, please contact Jayna Vishram on +44 (0) 20 3465 9330 or email [email protected] lands €1.7bn bond mandate from IrcantecIrcantec, the €10.9bn French public pension scheme, has awarded a €1.7bn bond mandate to AXA Investment Managers. It will manage a dedicated fund for inflation-linked bonds issued by OECD members.Ircantec – France’s mandatory scheme for non-tenured state, hospital, local authority and other public sector employees – had around €1.6bn invested in inflation-linked sovereign bonds via Natixis Asset Managers and BNP Paribas Asset Managers as at 31 December, according to its latest annual report.UK nuclear plan seeks ‘bundled’ provider The UK’s multi-employer pension plan for the civil nuclear decommissioning sector is looking for a “bundled” provider for the defined contribution (DC) sections of the £2.4bn (€2.8bn) plan, covering administration and investment.The Combined Nuclear Pension Plan has nine DC sections, which are currently administered by Aon Hewitt. As at the end of March 2017 it counted some 5,800 members, compared with around 15,000 members for the defined benefit sections.Aviva to run broadcaster schemeThe BBC has appointed Aviva to operate its DC scheme. The arrangement, known as Life Plan, is predominantly for staff who joined the broadcaster after 1 December 2010.As the pension plan provider, Aviva will select and manage a range of funds and provide a portal for BBC employees to choose and manage their pension savings.According to the tender documents, Aviva will earn fees of £2m-£7m over the seven-year period of the agreement.Six other providers tendered for the contract. A European pension fund is seeking green bond strategy ideas from managers via IPE Quest’s Discovery service.According to search DS-2463, the pension fund is interested in investing globally via an actively managed segregated mandate. The estimated size of the allocation is €150m.It has specified that it is looking for hard-currency investment grade green bonds.The deadline for interested parties to submit strategies is 9 August.last_img read more

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Aubameyang loses ban appeal

first_imgRelatedPosts Runarsson joins Arsenal on four-year deal Arsenal, Wolves want Michael Olise Akpom pens Middlesbrough loan deal Arsenal’s appeal against Pierre-Emerick Aubameyang’s three-match ban for the red card he received in the draw at Crystal Palace has been unsuccessful. Aubameyang, who is Arsenal’s top scorer in all competitions this season with 16 goals, will miss the club’s next three games, including the trip to Chelsea. The Arsenal captain was sent off midway through the second half of Saturday’s 1-1 Premier League draw at Selhurst Park after catching Max Meyer high on the ankle with a poor challenge by the touchline. Referee Paul Tierney showed a yellow card, but the Video Assistant Referee had a look and, after a two-and-a-half-minute delay, the caution was upgraded to a dismissal. The Gabon forward was distraught as he left the pitch and Meyer had to follow him down the tunnel after failing to recover from the tackle.Tags: ArsenalCrystalPalaceMax MeyerPierre-Emerick Aubameyanglast_img read more

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4th Sheikh Sharubutu Ramadan Cup launched

first_imgThe 4th edition of the annual Sheikh Sharubutu Ramadan Cup has been launched in Accra, with organizers promising a much-improved competition this year. The competition, named after the National Chief Imam and organized under his auspices, brings Zongo communities together to compete in a football competition as part of social events to mark the end of Ramadan.Speaking at the launch yesterday, the coordinator of the tournament, Tamimu Issah, revealed that sixteen Zongo communities will participate in this year’s edition which will come off a week after Eid el Fitr on June 23, 2018.The tournament coordinator, Tamimu Issah, said the tournament has achieved its objectives of bringing Zongo communities together through football, as well as promoting friendship, peace, and discipline.”The competition has been named after a national icon, the Chief Imam, and he represents the very objectives of the competition which are peace, togetherness, discipline, and humility. From a humble beginning of just eight communities which took part in the inaugural edition, the competition has grown rapidly with sixteen communities now involved. We are happy with the progress and we are happy with the achieved our objectives.”A representative of the National Chief Imam, Dr. Inusah Osman, said the Chief Imam was thrilled by the continuous progress of the tournament and urged both organisers and participants to continue to work hard to make the tournament better. An official of The Royal Bank, who have been supporting the event since 2016, said the continuous support offered by the bank is in line with the vision of its late Founder, Alhaji Dr. Adamu Idrissu who okayed the bank’s inaugural support for the bank in 2016.Sheikh Aremayao, the spokesperson of the National Chief Imam advised the youth to emulate one of the exemplary characters of the Chief Imam, humility.”I want to urge all of you to be humble because when you’re humble, God will lift you up.”The launch of the 4th edition was chaired by Black Stars coach, Kwesi Appiah, who was supported by his two assistants Ibrahim Tanko and Maxwell Konadu. Other guests present were Ahmed Abdulai an aide to the Vice President, who represented him at the launch. The 4th edition, as usual, is being sponsored by The Royal Bank and supported by Nasco Electronics, Multi Pac Ghana Limited (producers of Perla Natural Mineral Water and 5 Star Energy Drink), Palace Shopping Mall, Afro Arab Group and Holiday Inn Hotel.last_img read more

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