Latest Amsterdam News
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Dutch metal pension funds launch joint in SRI policy
The two Dutch pension funds for the metal industry, the €33bn Pensioenfonds Metaalelektro (PMT) and the €21.5bn Pensioenfonds Metaal en Techniek (PME), have launched a joint social responsible investment policy. In conjunction with asset manager and pension provider Mn Services, jointly owned by PME and PMT, the two funds have drawn eight lead principles from international ...
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AEGON builds on first quarter success with Poland merger approval
AEGON, the life insurance and pensions company, has reported a nine per cent rise in underlying earnings before tax in its first quarter 2008 report. The report shows that operating earnings and net income has been affected by the recent instability of the world financial markets, but AEGON has reported no significant impairments. AEGON has also reiterated its confidence in meeting its ...
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Holland must do more to promote itself as pooling hub
Holland must do more to promote itself as a centre for international asset pooling, says a new report from the Netherlands, while also preserving the strength of the Dutch pensions ...
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Dutch financial confidence knocked by sub-prime crisis
Financial stability in the Netherlands is less favourable than it was six months ago, according to the DNB’s most recent assessment of the region. The Overview of Financial Stability (OFS), published by De Nederlandsche Bank (DNB), highlighted a recent period in the market when, triggered by the crisis in the US sub-prime mortgage market, liquidity evaporated in various credit ...
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Leading Dutch funds allocate €500m to clean technology
ABP and PGGM have re-inforced their commitment to sustainable investment with a joint mandate to invest in innovative, clean technology. The two largest pension funds in the Netherlands have appointed AlpInvest* to invest €500 million in innovative, clean technology in one of the largest mandates ever to be placed on the international private equity market. This is the first time ...
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Aegon enhances CEE prescence
AEGON has made further moves to bolster its presence in the Central and Eastern European (CEE) marketplace. Following its acquisition of PTE Ergo Hestia earlier this year, AEGON and BRE Bank have entered into exclusive negotiations on a possible merger of their two Polish pension funds, PTE Ergo Hestia SA and PTE Skarbiec-Emerytura SA. As part of the discussions, BRE Bank would grant AEGON ...
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Dutch funds respond to SRI embarrassment
Dutch pension funds have been shamed into smartening up their investment decisions after a current affairs TV programme in the Netherlands revealed that two of the largest funds were investing in US firms that produce cluster bombs and landmines. Dutch pension fund PGGM, the pension fund for the healthcare and social work sector, has since announced that it has stopped investing in these ...
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Dutch fund returns down says WM
Average returns for Dutch Pension funds in 2006 halved - from 14.8% in 2005 to 7.4% in 2006 – according to new performance figures by WM Performance Services (WM). Taking into account the consumer price index, which rose by 1.4%, this represents a real return of 5.9%, which is above the 10-year annualised real universe return of 5.2%, says the investment performance measurement ...
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US film and television giant Netflix confirms Dutch market entry
American film and internet television giant Netflix on Wednesday confirmed plans to enter the Dutch market 'before the end of this year'. The company, producer of series such as House of Cards and Arrested Development, did not give any details about what programming would be available to Dutch consumers or possible prices. It did say Dutch users with broadband internet access would ...
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Netflix streaming heads to the Netherlands in late 2013
(Credit: Screenshot by Lance Whitney/CNET) Netflix streaming is heading to the Netherlands, the company announced on Wednesday. ...
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Shell Oil Presses Supreme Court to Deprive Torture Victims of Justice
Bashe Yousuf, a torture victim from Somalia, was among plaintiffs who won a $21 million lawsuit against his Somali torturer in Federal Court. WASHINGTON-Will victims of distant genocides and crimes against humanity be allowed to continue using U. S. courts to seek justice against their persecutors, as well as the individuals and corporations that helped facilitate human rights violations across ...
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Elsevier Launches Open Access Journal GeoResJ
Elsevier , a world-leading provider of scientific, technical and medical information products and services, is pleased to announce the launch of a new open access journal, GeoResJ. With the launch of GeoResJ, Elsevier's earth and planetary science journals portfolio has its first open access only journal. The journal aims to provide a forum for rapid publication of top research within the ...
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Dutch scramble to save four trapped in manure silo
Dutch emergency services scrambled Wednesday to save four people who fell into a manure silo in the north of the country, police said."Regional emergency declared in Makkingawhere four people are trapped and unconscious in a manure silo," police in the northern Friesland region tweeted.Dutch media reported that helicopters and emergency divers had been scrambled to the scene of the ...
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New Dutch super-computer unveiled in Amsterdam
The State Secretary notes that Cartesius could profit the Netherlands both academically and financially: "Cartesius enables our scientists to achieve important new scientific insights, and can help to force ...
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The Netherlands will veto EU sanctions over Israeli settlements minister
The Netherlands will veto any moves by the European Union to impose sanctions if Israel presses ahead with building settlements on disputed territory east of Jerusalem, foreign minister Frans Timmermans is quoted as saying by news agency ANP. Timmermans said sanctions are not 'currently on the agenda'. The minister has had meetings with Israeli and Palestinian representatives over the ...
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Orascom Construction Inds S.A.E.- Result of EGM
Amsterdam, the Netherlands / 19 June, 2013 11:00 AM OCI N.V. Reports Orascom Construction Industries S.A.E. Shareholder Approval of all EGM and OGM Resolutions Pertaining to OCI N.V. Offer OCI N.V. reports the results of the Ordinary and Extraordinary General Meetings of its subsidiary, Orascom Construction Industries S.A.E., which were convened earlier today. A total of 168,118,467 ...
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The Netherlands Bright Future for APM Terminals Facility at Maasvlakte 2
The APM Terminals facility at Rotterdam's new Maasvlakte 2 will probably become the world's most automated facility: unmanned (remote-controlled) Ship-to-Shore 25-wide container gantries and Automatic Guided Vehicles/AGV communicating between the StS gantries and the fully automated stacking ...
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Dutch income tax system should be simplified report states
The Dutch income tax system requires a complete overhaul in order to be simplified, a report commissioned by the government has ...
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Dutch are becoming less materialistic but more self-centered
Around one third of the Dutch have taken a decision to become less materialistic, as more people accept the downturn in prosperity, according to the latest mentality monitor from researchers at Motivaction. Fifteen years ago, 23% of the population said they had deliberately decided to adopt a less materialistic lifestyle but this has now gone up to 34%, ...
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US universities MIT Colombia Duke join new Amsterdam institute bids
Three prestigious US universities have joined consortia bidding to set up a new institute of technology in Amsterdam, Nos television reports on Wednesday. The city council invited applications to set up the new institute at the beginning of April and has now whittled the 13 entries down to a shortlist of five. The city hopes the new institute will boost the economy and lead to significant job ...
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UPDATE 1-Aegon cuts average earnings growth target for 2010-2015
Wed Jun 19, 2013 2:54am EDT (Releads with lower average growth target) AMSTERDAM, June 19 (Reuters) - Dutch life insurer Aegon on Wednesday lowered its average growth target for underlying earnings before tax, blaming the low interest rate environment. As recently as June 5, Aegon had stuck to its ambition of increasing underlying earnings before tax by between 7 and 10 percent on average over ...
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Aegon says work needed to meet profitability target
AMSTERDAM, June 19 | Wed Jun 19, 2013 1:48am EDT AMSTERDAM, June 19 (Reuters) - Dutch life insurer Aegon said on Wednesday it had to do more to achieve its return on equity target of 10 to 12 percent by 2015 because it was currently only expecting to achieve 8 to 10 percent. "Management...affirms its ambition to achieve a return on equity of 10-12 percent and recognizes that ...
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Netflix to expand to Netherlands later this year
LOS GATOS, Calif. -- Netflix is going Dutch.The online video giant says it will expand into the Netherlands, its 41st country, later this year.Subscribers will be able to stream Hollywood fare, local TV series and Netflix originals like "House of Cards" and "Arrested Development" on TVs, game consoles, computers and mobile devices. Netflix Inc. didn't offer details ...
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Netflix to bring video streaming service to The Netherlands
June 18 | Wed Jun 19, 2013 12:00am EDT June 18 (Reuters) - Netflix Inc will launch its TV and movie streaming service in The Netherlands later this year, expanding its reach further into Europe, the company said on Tuesday. Netflix boasts 29.2 million streaming subscribers in the United States and 7.1 million in international markets, delivering movies and television shows to Canada, ...
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Roberta Vinci Carla Suarez Navarro post Netherlands victories
Carla Suarez Navarro gained the quarterfinals Tuesday at the grass-court Topshelf Open. Vinci, who titled at s'Hertogenbosch in 2011, breezed into the second round with 6-3, 6-3 decision over Estonian Kaia Kanepi. She next faces last week's Nuremberg, Germany, titlist Simona Halep. Spain's Suarez Navarro, meanwhile, posted a second-round triumph over ...
Netherlands Feature
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Laura Dekker victim of ageism in Netherlands?
Laura Dekker’s future plans to sail around the world solo hang in the balance as her emotional and mental stability is argued over by two national child care agencies that are in disagreement about her state of mind.
Laura Dekker, 14, has been trying since August last year to sail around the world on her own and in so doing become the youngest person to accomplish the feat. When she first announced her plans, the courts quickly intervened and according to Netherlands news reports, she was placed under the custody of the Child Protection Board in order to be assessed. Read more
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