IPE Magazine
December 2011Analysis
Focus on DC
It is difficult to retain sight of the founding principles of the EU’s Pensions Directive (IORP) when confronted with the 500-page response of the European Insurance and Occupational Pensions...
01 Dec 2011
The good, the bad and the average 01 Dec 2011
I polder, you polder 01 Dec 2011
Briefing
Too much of a good thing?
A well structured fund can enjoy a return premium of up to 1%. What governance structures should smaller pension funds aspire to? Gail Moss reports
01 Dec 2011
Dutch fiduciaries maintain their guard 01 Dec 2011
Cash in the attic 01 Dec 2011
Diary of An Investor
Investment detour
This autumn, we at Wasserdicht Pension Funds in the Netherlands are touring some of our factories around the country to talk to members and pensioners about the pension fund. We are a multinational...
01 Dec 2011
ESG Reports
SRI education must continue
A Eurosif study shows a lack of knowledge among European corporate pension funds is hampering greater adoption of ESG factors in their investment strategies, writes François Passant
01 Dec 2011
Forests into fixed income 01 Dec 2011
Guest Viewpoint
Fiona Stewart, OECD
Fiona Stewart, principal administrator at the OECD, considers why many institutional investors have failed to live up to their long-term investment potential.
01 Dec 2011
How We Run Our Money
Alight for full funding
Markus Hübscher, CEO of the Swiss Federal Railways pension fund, told Nina Röhrbein about his fund’s restructuring and new internal governance structure
01 Dec 2011
Investing In...
Hedge Funds: Carving a new niche
Hedge funds are booming – but funds of funds are not. Joseph Mariathasan outlines the ways in which the intermediaries are re-thinking their role
01 Dec 2011
Hedge Funds: A true alternative 01 Dec 2011
Hedge Funds: Once bitten... twice shy 01 Dec 2011
Letter from Brussels
IORP under pressure
The European Insurance and Occupational Pensions Authority’s (EIOPA) call for advice on the subject of revisions to the EU’s 2003 IORP Directive on work-place-based pensions closes on 2 January 2012. ...
01 Dec 2011
Letter from the US
Investing for impact
“When traditional investors look at impact investing they sometimes think they have to sacrifice returns. Fortunately, there are many examples of impact investing that lead to both competitive...
01 Dec 2011
Long-term Matters
Long-Term Matters: Executive Pay
Why should investment professionals care about the ‘#Occupy’ protests? The majority of the public – ie, our customers – share some of the protesters’ views, even if they are not on the streets. One...
01 Dec 2011
Off The Record
Hedging your bets
Just over 70% of respondents to this month’s Off The Record quick poll stated that their pension fund invested in hedge funds.
01 Dec 2011
On The Record
Taking and avoiding risks
Which economic scenarios are you building in?
01 Dec 2011
Pensions Accounting
Leave it to technocrats?
Those who believe that governance by technocrat will solve Italy’s ills should think again. The IASB is currently working on a three-bucket approach for financial asset impairment. The idea is that...
01 Dec 2011
Pensions In
Switzerland: Life in a safe haven
September’s shock devaluation of the Swiss franc halted the decline in the value of Swiss pension funds’ foreign assets. On the other hand, ultra- low rates are putting extreme pressure on funds....
01 Dec 2011
Switzerland: Efficient stability 01 Dec 2011
Switzerland: No magic formula 01 Dec 2011
Securities Services
Swiss challenge
Global custodians are finding Swiss accounting regulations a barrier to its custody and servicing market, writes Iain Morse
01 Dec 2011
Special Reports
Turning Japanese?
Technical signals from the bond markets and fundamental economic parallels have spooked some commentators about the ‘Japanisation’ of the world. Anthony Harrington asks if we should be bracing...
01 Dec 2011
And what about Japan itself? 01 Dec 2011
Too early to tell 01 Dec 2011
Strategically Speaking
Strategic agility
Nordic private equity house CapMan does not make things easy on itself. Its mission statement: “To be the best-performing European private equity firm”.
01 Dec 2011
New entrant to European fiduciary management 01 Dec 2011
