Sections

Nyhavn in Copenhagen, Denmark

PFA blames drop in pension transfers on lack of market mobility

Wed, 29 Oct 2014By

Danish commercial mutual provider reports return to investment profit

European Parliament

Revised IORP II Directive ‘at odds’ with proposed Capital Markets Union

Wed, 29 Oct 2014By

Latest draft’s removal of all mentions of using delegated acts could lead to significant delays in IORP II implementation, law firm warns

Geiranger Fjord, Norway

Norwegian oil fund misses benchmarks in Q3 with 0.1% return

Wed, 29 Oct 2014By

Consumer goods and services weigh on equities performance

Helsinki, Finland

Former board members at Local Tapiola reportedly under investigation

Wed, 29 Oct 2014By Reeta Ilona Paakkinen

Local news daily says Finnish watchdog investigating board members at Elo precursor for alleged ‘illegal actions’

Handshake

Wednesday people roundup

Wed, 29 Oct 2014By IPE Staff

UK Investor Forum, Ballast Nedam, JP Morgan Asset Management, Schroders, Union Bancaire Privée, Aviva Investors, Investec Asset Management

Danish lighthouse

Kirstein awards $200m global equities mandate to Standard Life Investments

Wed, 29 Oct 2014By

Major Danish institutional investor gives seed capital to domestically structured fund

Magnifying glass

Intricate risk controls have damaged portfolios, says 300 Club

Tue, 28 Oct 2014By

Idaho’s Bob Maynard says ‘transparency’ should be main method of controlling risk

Traditional houses of Amsterdam, Netherlands

Pension fund for Dutch vets moves to shore up dwindling support

Tue, 28 Oct 2014By

Occupational scheme for veterinary surgeons to introduce new pension plan

City of London Blackstone

UK roundup: Ashridge Pension Scheme, P-Solve, Legal & General, PRIAC

Tue, 28 Oct 2014By IPE Staff

The £50m Ashridge scheme selects P-Solve for fiduciary mandate focusing on manager selection, tactical allocations

Winter night in Helsinki, Finland

Finnish roundup: Varma, Elo

Tue, 28 Oct 2014By

Stronger dollar supports nine-month returns at Finnish pension insurers

Government London

USS, RPMI to sit on UK Investor Forum board

Mon, 27 Oct 2014By

Investor Forum also announces John Kay, author of key report that led to its foundation, as board member

Supermarket

UK roundup: Tesco vs Texan firemen, PPF, Monarch, Greybull Capital

Mon, 27 Oct 2014By IPE Staff

Retailer Tesco sued by US pension plan after accounting error caused it to overstate profit

All More News

Time for some caution with this asset class

October 2014 (Magazine)By

How do you invest in high-yield bonds and loans?

Prudent and dynamic

October 2014 (Magazine)By

How We Run Our MoneyMiguel Branco, deputy director of Banco de Portugal pension fund, tells Carlo Svaluto Moreolo about his fund’s investment and risk strategy

All Interviews

Dangerous liquidity

October 2014 (Magazine)By Emma Cusworth

Following another summer of high-yield bond market volatility, Emma Cusworth asks whether ETFs are to blame for credit markets getting riskier

Race for solutions picks up pace

October 2014 (Magazine)By

Incumbent managers have a natural advantage with mature pension funds in the provision of solution-type services, finds Pádraig Floyd

All Briefings

Crony capitalism

October 2014 (Magazine)By Raj Thamotheram

The public gets it. Academics and financial analysts get it. In fact, many experts say it is the most important governance and democracy issue of our time. So why do investors have so little to say about political donations and the corporate capture of politics?

“Governance can serve as a stimulus to improve and nurture pension organisations”

October 2014 (Magazine)By

Once a year, the US professional basketball league organises its all-star competition. Players from teams across the country are selected as the best in their respective positions. Could we have an all-star pension industry, uniting the best standards and practices under one roof?

All Columns

The ‘what’ and ‘why’ of costs

October 2014 (Magazine)By

Controversies around pension funds’ asset management costs in various countries tell us something about the mood of the times, but they also suggest that changes are needed in the way pension boards select and justify their strategy choices to members and the wider world.

Divergence trades, depression trades

October 2014 (Magazine)By

“It’s one of our big themes,” said Kathleen Hughes, head of European institutional sales at Goldman Sachs Asset Management, talking about central bank policy divergence over meet-the-press drinks in early September, four hours after European Central Bank president Mario Draghi had taken the deposit rate further into negative territory and announced plans to purchase covered bonds and asset-backed securities. The euro had a terrible day; Goldman Sachs had a pretty good one.

All Analysis and Opinion

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

Emerging Market Debt: Bonds and the ballot box

September 2014 (Magazine)By Joseph Mariathasan

Amid a rash of important elections, the rumble of ongoing territorial disputes, a deteriorating situation in coup-plagued Thailand and an alarming rise in tensions between Hong Kong and Beijing, Joseph Mariathasan looks into the impact of political risk on Asia’s bond markets

All Investing in...

Lightbulb

Amundi, EDF in joint venture to offer energy-transition financing funds

Thu, 30 Oct 2014By

New asset management company targets €1.5bn fundraising

Cup of coffee

Dutch pension fund to invest 5% of assets in residential mortgages

Mon, 27 Oct 2014By

Asset class offers better returns than euro-denominated bonds against ‘very limited’ additional risk, scheme says

IPE-QUEST

Your first step in manager selection...

IPE-Quest is a manager search facility that connects institutional investors and asset managers.

Begin Your Search Here

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

Rates of change

June 2014 (Magazine)By

Carolyn Tavares argues that the roller-coaster start to 2014, with its disconnect between economic indicators and bond yields, makes the case for holding to strategic, funding level-based de-risking programmes

All Ahead of The Curve