Sections

Stock market numbers

PIMCO likely to remain 'top address' for bonds despite Gross departure

Tue, 30 Sep 2014By ,

Switzerland’s largest pension fund says US corporate bond mandate ‘did not rely on any single person’

Rome, Italy

​Illiquid loans preferable to high-yield bonds, pension funds say

Tue, 30 Sep 2014By

Italian DC provider Arca Previdenza highlights growth in Italian minibond market

The European Commission

IPE Views: Growth trumps regulation at the European Commission

Tue, 30 Sep 2014By

With commissioners-designate calling for ‘quick and effective adjustments’ to regulation and the end of ‘bottlenecks’, is the Brussels putting growth above regulation?

Oxford University

Trade union threatens universities over USS deficit plans

Tue, 30 Sep 2014By

UK’s largest DB scheme subject to in-fighting between trade union, employers over rising deficit levels

Helsinki, Finland

Social partners agree on finer points of Finnish pension system reform

Tue, 30 Sep 2014By

Social Affairs Ministry to begin process of amending legislation according to proposals agreed by labour-market organisations

Paris, France

ERAFP teams up with Amundi to reduce carbon footprint of portfolio

Mon, 29 Sep 2014By

French public sector scheme joins AP4, PGGM as founding signatory of Montreal Carbon pledge

Steel mill

Pension funds for Dutch metal industry agree to uniform pension plan

Mon, 29 Sep 2014By

PMT, PME say full merger ‘not yet on cards’

Westminster, London

Law Commission outlines new social investment rules for UK charities

Mon, 29 Sep 2014By Gail Moss

Recommends rules to clarify powers and duties of charities and foundations in making social investments

City of London

UK roundup: HSBC Pension Scheme, Fidelity, UK Treasury

Mon, 29 Sep 2014By IPE Staff

HSBC UK Pension Scheme shifts DC plan to Fidelity as HSBC Life undergoes sale

City of London

UK occupational pension members increase for first time since recession

Mon, 29 Sep 2014By Gail Moss

Active membership rises slightly following slow but steady decline since 1991, according to Office for National Statistics

The Dáil, Ireland's Parliament, in Dublin

Reformed Irish SWF could still be used to pre-fund pension liabilities

Mon, 29 Sep 2014By ,

John Corrigan, head of the NTMA, will ‘not discount’ possibility of ISIF paying state’s pension bill

Newport Beach, California

PIMCO makes swift CIO appointment after Gross departure

Mon, 29 Sep 2014By

Daniel Ivascyn elected CIO with three-man teams to lead Unconstrained Bond Fund, Total Return Fund

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 Liam Kennedy

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...

Close-up of a 100-dollar bill

Dutch giant PMT to divest holdings in 'expensive' hedge funds

Fri, 19 Sep 2014By

Pension fund to drop €1bn hedge fund allocation in favour of investments in local residential mortgages

Manchester

Greater Manchester pension fund returns 7% despite hit on global bonds

Wed, 17 Sep 2014By

Fund shows strong returns from private equity, commits to further real estate and infrastructure exposure

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