Sections

Geneva, Switzerland

Mandate roundup: IPE-Quest, Zurich, Tages, Citco, HSBC, Fulcrum

Thu, 27 Nov 2014By

Swiss investor tenders $50m equity mandate using IPE-Quest

Altare della Patria, Rome

Pioneer Investments chief executive to leave at end of January

Thu, 27 Nov 2014By

CIO Giordano Lombardo takes over as head of UniCredit subsidiary

Pound notes

TRW pension fund breaks buyout record with £2.5bn L&G deal

Thu, 27 Nov 2014By

L&G has now written more than £8bn in liabilities in 2014 

Accountancy

IFRS committee backs fair-value accounting for longevity swaps

Thu, 27 Nov 2014By Stephen Bouvier

DB plan sponsors must account for longevity swaps as single-instrument assets held at fair value

Amsterdam at night

Dutch roundup: PGB, Philips Pensioenfonds, Koopvaardij

Thu, 27 Nov 2014By Frank van Alphen

Pension fund for exhibition venue Jaarbeurs to join printing industry scheme PGB

Erste Group fears 'second Hungary' in Czech Republic

Hungarian government to seize remaining private pension fund assets

Thu, 27 Nov 2014By Krystyna Krzyzak

What little is left of former mandatory pension system under threat again

European Parliament

Juncker's €300bn investment plan targets long-term infrastructure assets

Wed, 26 Nov 2014By

European Commission hopes to attract institutional investors with guarantee facility

Gavel

UK schemes await £2bn VAT windfall as government accepts ECJ rulings

Wed, 26 Nov 2014By

Case brought by Danish pension fund ATP found that DC schemes were tax-exempt special investment funds

Handshake

Wednesday people roundup

Wed, 26 Nov 2014By IPE Staff

Irish Life IM, NTMA, London Pensions Fund Authority, PensionsEurope, SLI, Amundi, PIC, Insight, Edmond de Rothschild, Berenberg, 4AlphaDrivers

Old watches

Life expectancy could break through 120-year ceiling, ABP warns

Wed, 26 Nov 2014By

Ppension funds must look at ways of spreading effects of longevity evenly across generations, scheme says

Euros

Dutch pension fund Detailhandel to issue loans to SMEs

Wed, 26 Nov 2014By

Pension fund for retail sector to issue loans to small and medium-sized enterprises

Düsseldorf, Germany

German scheme tenders €100m investment-grade bond mandate

Wed, 26 Nov 2014By Kati Dimento

Fund managers must have absolute minimum track record of six years

All More News

How We Run Our Money: In search of a future-proof ATP

November 2014 (Magazine)By Caroline Liinanki

Henrik Gade Jepsen, chief investment officer of ATP, tells Caroline Liinanki why he thinks the fund must adapt its portfolio structure

Strategically Speaking - Majedie Asset Management: Global, naturally

November 2014 (Magazine)By

Before this year, Majedie Asset Management had rolled out just five products since it was established in 2002 – one of which was a concentrated version of another. By those standards, 2014 has seen riotous activity, with the summer launches of a US equities fund and two global funds adding to the existing line-up of UK equity and global long/short funds.

All Interviews

How We Run Our Money: In search of a future-proof ATP

November 2014 (Magazine)By Caroline Liinanki

Henrik Gade Jepsen, chief investment officer of ATP, tells Caroline Liinanki why he thinks the fund must adapt its portfolio structure

ECB exercise to beef up ABS

November 2014 (Magazine)By Anthony Harrington

The ECB hopes its plans to invest heavily in the asset-backed securitisation market will encourage other investors and ultimately help boost real economy lending, writes Anthony Harrington

All Briefings

Guest viewpoint: “Macro matters. We ignore it at our peril”

November 2014 (Magazine)By Bob Swarup

Open a newspaper. Any newspaper. Read the front page and then the business pages. Absorb, assimilate, repeat. After half a dozen goes, you may notice a pattern. 

Diary of an Investor: Generation games

November 2014 (Magazine)By Pieter Mullen

Now that my children are getting older they ask me more about what I do for a living and the questions are getting a bit more demanding. My eldest, especially, is at an age when questions come thick and fast. 

All Columns

A-shares on the rise

November 2014 (Magazine)By

There are signs that European institutional investors find Chinese equities interesting. Finland’s Ilmarinen now separates China equity holdings (A and H-shares), in its reports, and Denmark’s AP Pension has boosted its China equity exposure to 5%, although it has excluded domestic property and banks.

That’s about the size of it

November 2014 (Magazine)By

In late September, one of the world’s largest pension funds ditched its hedge funds, and one of the world’s largest mutual funds lost its manager. One decision made sense, but not for the reasons most commentators put forward. The other made sense, despite all the focus on the nonsense surrounding it.

All Analysis and Opinion

Investing In Global Equities: Multiple problems

November 2014 (Magazine)

Does the vast amount of central bank liquidity in the system help to make sense of current equity valuations, and should investors therefore be worried about the ‘punch bowl’ being taken away? Joseph Mariathasan tries to evaluate today’s valuations

High-yield Bonds & Loans: Revolution from above and below

October 2014 (Magazine)By Joseph Mariathasan,

Few markets outside the emerging world have changed to the extent that European high-yield has over recent years. Joseph Mariathasan and Martin Steward find transformation coming from the massive to the micro, from above and below

All Investing in...

Nyhavn in Copenhagen, Denmark

PensionDanmark invests DKK1.4bn in second UK biomass power plant

Tue, 25 Nov 2014By

Deal follows similar project last year via Copenhagen Infrastructure I fund

Danish lighthouse

Danish pension fund to offload all real estate into half-owned fund

Mon, 24 Nov 2014By

Four Aarhus residential properties sold as first step after good offer

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Asset Allocation - Ahead of the Curve: Contagion spreads

November 2014 (Magazine)By

Achilles Risvas assesses the potentially devastating knock-on effects of a fall in bond prices and a flight from credit

Post-crisis or pre-crisis?

October 2014 (Magazine)By

History warns us that the next crisis is just around the corner. Arturo Bris outlines the shapes it is taking and what we can do to mitigate it

No place like homes

September 2014 (Magazine)By

Christophe Caspar looks into whether or not European housing is a safe home for fixed income investors

Bolt the penthouse door

July 2014 (Magazine)By

The apparent recovery in the UK and converging spreads in euro-zone bond markets mask deep structural flaws in economies that have seen little genuine reform, argues Eamonn Butler

All Ahead of The Curve