Pension Forum: dividend pressure
What are the implications for pension funds if companies cut dividend payouts Add your comments...
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Latest News
| Tax regime means Australia is losing out to Hong Kong and Singapore by Richard Newell - Despite interest from offshore funds, Triple A's Australian head says 'idiotic' tax regime is deterring investment and will hamper any bid to be a financial hub 5 Mar 2010 >> Full story... |
| Post JAL, pension groups seek guarantees The 13 groups presenting the request include Matsushita, Waseda University, Shoko Chukin Bank, Resona Bank, NTT group, KDDI, JAL, Sumitomo Mitsui Bank and Nishinippon Broadcasting 5 Mar 2010 >> Full story... |
| Keep your discipline in high yield, investors warned by Bee Ong - Many of the financial bonds in the high-yield market are subordinated issues that have been downgraded into high yield in the wake of the crisis. 5 Mar 2010 >> Full story... |
| Japan's surprise DC reform plan Observers have expressed welcome surprise at this turn of events. It is a long-awaited debate and, in view of the popular appeal, officials decided to announce it early. 5 Mar 2010 >> Full story... |
| Third party funds to drive growth by Richard Newell - a significant minority already see third party funds as a key component of their value proposition and most think this trend is set to increase. 5 Mar 2010 >> Full story... |
| Thailand’s GPF looks to rebuild image
by Rita Raagas De Ramos - The GPF has implemented a scheme to strengthen the organisation’s image as well as its credibility. The plan is designed to tackle two key components internally and externally. 25 Feb 2010 >> Full story... |
| Ministries Clash Over GPIF Management At a review session held by the Labor Ministry to appraise the operations of the GPIF, Nagatsuma stressed the need for safety, whereas Haraguchi said that the vast scale of the GPIF’s ¥120trn in assets made it inefficient and impossible to adapt to economic conditions. 5 Feb 2010 >> Full story... |
| Temasek's alternative connections underpin new company by Bee Ong - Temasek’s other major step into alternatives is a venture with South Korea’s Woori Group where Fullerton Fund Management will work with Woori Absolute Partners to launch a fund of hedge funds. 12 Feb 2010 >> Full story... |
| KIC looks to double its alternatives exposure in 2010 by Bee Ong - KIC has a long-term plan to build a balanced portfolio in alternatives, but CIO Scott Kalb acknowledges a desire to take an opportunistic view in the current market conditions. 5 Feb 2010 >> Full story... |
| Sovereigns cautioned on the search for higher returns by Bee Ong - Even ostensibly healthy assets can become tainted as complexities continue to unwind through the economic system. 29 Jan 2010 >> Full story... |
| Wholesalers Pension Fund refines rules for alternative investments The fund says it will strengthen its holdings within three years, even at the sacrifice of some liquidity. It is willing to move forward if it can devise a well-timed and high-yield income gain strategy. I 29 Jan 2010 >> Full story... |
| Australian Campaign to Protect Super Incentives by Gordon Noble - The investment industry’s challenge is that, faced with competing pressures, the Australian Government does not regard investment incentives as a political priority. 5 Feb 2010 >> Full story... |
| DC matching plan for Japanese pensions Provisions will include lifting the ban on matching contributions from both the company and employee sides in corporate defined contribution pension plans, and reviving the special disbandment of employee pension funds. 29 Jan 2010 >> Full story... |
| Investors positioned for Asia's secondary market by Bee Ong - Secondary investors usually avoid the J-curve endured by primary investors; secondaries are also closer to exit, are acquired at a discount of 20% to 50% to the original price and can sometimes provide instant vintage diversification. 5 Feb 2010 >> Full story... |
| Korea's NPS buys a view of Sydney Harbour by Richard Lowe - the pension fund has made clear it is targeting commercial properties in major global cities, having already purchased a number of assets in Seoul, London and Tokyo 15 Jan 2010 >> Full story... |
| Bursa deal boosts Malaysia's Islamic platform by Gordon Noble - As Malaysia and the Middle East are the leading centres of Islamic finance, and as both Exchanges come together on a single platform, this will add to the strength of the industry. 29 Jan 2010 >> Full story... |
| Pension cuts at JAL cause a storm by Oscar Volder - Even in a society less litigious than many Western countries, the proposals are causing strong reaction from the 17,000 employees and 9,000 retirees and their union representatives. 17 Dec 2009 >> Full story... |
| Former KIC chief on Asian bond prospects by Bee Ong - Blue Rice CEO Guan Ong says it won’t be a case of the tide lifting all boats. Fundamental research and credit picking ability will be crucial 18 Dec 2009 >> Full story... |
| Investors not waiting on the world to change by Gordon Noble - Long term investors need to identify vulnerabilities in their portfolio from a physical climate change perspective and try to reduce their exposure to those 15 Jan 2010 >> Full story... |
| iShares refutes Watson Wyatt caution over ETFs by Julie Henderson - Watson Wyatt has suggested ETFs are expensive and may not adequately compensate investors for underlying risks 11 Dec 2009 >> Full story... |
Latest Magazine
| Building India’s pension future - introduction In this special report, IPA’s India correspondent Joseph Mariathasan explains the issues and talks to those involved in mapping out India’s pension future. 29 Jan 2010 >> Full story... |
| China heading for disaster on the RMB Beijing’s determination to avoid a dramatic RMB appreciation reinforces a monetary and FX dis-equilibrium that perpetuates large and unsustainable external imbalances that are without precedent. 29 Jan 2010 >> Full story... |
| A global view of the financial crisis Pension fund heads from around the world comment on the lessons they have learnt from the GFC. 29 Jan 2010 >> Full story... |
| Key Insights For Managing an Asian Endowment Fund (from one who knows) Having managed two major endowment funds in Singapore, Madeleine Lee knows that the devil hides in the details. She describes her experience and how much of the key strategies were learnt from the major US endowments. 29 Jul 2009 >> Full story... |
| Asia’s pensions among the best and the worst Australia and Hong Kong rank highest because the overall structures of their old age provisioning systems are quite balanced, despite setbacks to their funded systems as a result of the financial crisis. 29 Jan 2010 >> Full story... |
| Capital flows could benefit emerging markets Booming prices for emerging assets would lower the cost of capital for emerging market based corporations strengthening their competitive advantage versus developed market peers and reinforcing a benign spiral of value creation. 22 Jul 2009 >> Full story... |
| Rebuilding Trust While we may be over the worst of the immediate effects of the financial crisis, as Bob Dylan wrote, “things have changed". 22 Jul 2009 >> Full story... |
| Hedge fund liquidity under review Investors keen to redeem their assets ought to read the small print. Hedge fund managers tend to be afforded more flexibility. 5 May 2009 >> Full story... |
| Reassessing your investment approach How have Asian asset allocators reacted to the financial markets crisis? Richard Newell assesses the impact the crisis has had on traditional views of asset allocation and what recommendations the investment community is putting forward for institutional portfolios in this new investing environment. 5 May 2009 >> Full story... |
| ING getting the basics right As ING Investment Management restructures its senior management in Asia, new CEO Alan Harden is using the opportunity to reinforce some basic principles. 5 May 2009 >> Full story... |
| Leverage is no panacea The assumption that, given enough innovation, uncertainty can be reduced to risk is just wrong 5 May 2009 >> Full story... |
| Reassurance a key ingredient in investor servicing J.P. Morgan's Worldwide Securities chief executive gives an insight into the keys to success in the new environment 5 May 2009 >> Full story... |
| Korea well-placed for recovery Recession is looming for Korea, but Kyueun Jeong suggests that once the global gloom lifts, the country will be one of the first to rebound. 5 May 2009 >> Full story... |
| Collateral service in high demand Karl Wyborn is J.P. Morgan’s director of clearance and collateral management for Asia Pacific, based in Hong Kong. He says currently the greatest demand is for cash collateral services for institutions. 5 May 2009 >> Full story... |
| The high yield bond is back High yield bonds are hailed as the opportunity of a lifetime by one of BNP Paribas’ stable of managers. 5 May 2009 >> Full story... |
| RBC automates and wins ING mandate In Australia, RBC Dexia is the first unit registrar to be SWIFT-enabled and operative as part of an industry-wide drive to promote straight-through-processing. 5 May 2009 >> Full story... |
| CAT bonds an alternative in correlated markets CAT bonds expose investors to infrequent, extreme weather. 4 May 2009 >> Full story... |
| Still work to do in India Joseph Mariathasan talks to Gautam Bhardwaj, one of the architects of India’s pension reform. 5 May 2009 >> Full story... |
| Recession under the microscope Future business school students will study the anatomy of the financial meltdown and the various aspects of how venerable institutions failed to protect themselves from over-exposure to risky investments. 5 May 2009 >> Full story... |
| Is VaR to blame for the downturn? During this ongoing financial crisis, one risk metric that has received much criticism is Value-at-Risk (VaR). Angus Hung and Michael Langton put this into context and advise on how to get the best from your risk metrics. 5 May 2009 >> Full story... |
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