IPE Magazine
February 2012Analysis
Leader of the supertanker
ABP transformed itself in 2008 when it spun off APG to become an independent
pension asset manager that could also manage assets for external pension funds.
01 Feb 2012
Back to business 01 Feb 2012
Pawns in need of a knight 01 Feb 2012
Briefing
Stay on top of benefits
Gail Moss reports on best practice to ensure pensioners receive the right benefit at the right time
01 Feb 2012
Pensions with independence 01 Feb 2012
One step forward, two steps back 01 Feb 2012
Diary of An Investor
Strategy and tactics
The annual strategy meeting of the Wasserdicht pension funds is always an interesting affair. We are meeting at a nice hotel in the area of Frankfurt, with a decent golf course. Helmut from our...
29 Feb 2012
To be charitable 01 Feb 2012
ESG Reports
The evolution of corporate reporting
Sustainability reporting has yet to establish its presence but integrated reporting is trying to gain a foothold within the environmental, social and governance (ESG)
arena. Nina Röhrbein reports
01 Feb 2012
Guest Viewpoint
Deobrah Cooper, Mercer
The consultation issued by EIOPA, on its draft response to the EC’s questions about how Solvency II can be amended to apply to pension schemes, closed on 2 January 2012. EIOPA had been asked for...
01 Feb 2012
How We Run Our Money
Change without regret
Liam Kennedy spoke with Angelien Kemna (pictured), chief investment officer of APG, the Netherlands’ largest pension asset manager with AUM of €278bn, about her policies of ‘minimum regret’ and...
01 Feb 2012
Investing In...
Small & Mid-Caps: The small-cap dilemma
Small-caps promise so much as an asset class. But Joseph Mariathasan outlines just how difficult it can be to create a viable business out of managing them
01 Feb 2012
Small & Mid-Caps: The 800-pound gorilla 01 Feb 2012
Small & Mid-Caps: Bulls and bears square up 01 Feb 2012
Letter from Brussels
Don’t touch Article 18
Investment rules for workplace pension funds should not be harmonised at European level. At least, this is the view aired in several responses to the European Insurance and Occupational Pensions...
01 Feb 2012
Letter from the US
In the line of fire
The $225bn (€177bn) California Public Employees’ Retirement System (CalPERS) used to be considered a leader in setting new trends, such as investing to improve companies’ corporate governance or to...
01 Feb 2012
Long-term Matters
Long-term Matters: Learning from bailouts
Why do bankers still not get their part in, to use Ken Rogoff’s phrase, the ‘Great Recession’? And what have institutional investors learned from these bailouts? An interesting CFA Institute blog...
01 Feb 2012
Off The Record
Consultants could improve
Almost half of the respondents to this month’s Off The Record survey used
investment consultants on a retainer basis, although just slightly fewer used them on an occasional or project basis. Only...
29 Feb 2012
‘Keep it simple’ 01 Feb 2012
On The Record
From surpluses to deficits
What has changed for your fund over the last 15 years?
01 Feb 2012
Pensions Accounting
Lost in accounting
It looks like 2012 is going to be busy for the International Accounting Standards Board (IASB) as significant projects towards completion, some affecting pensions accounting.
In the first quarter of ...
01 Feb 2012
Pensions In
Ireland: A levy too far
Ireland’s economic woes have led the government to introduce a tax on pension fund assets. But the planned €450m pensions levy brings with it a significant impact on an already ailing industry, finds ...
01 Feb 2012
Ireland: Beyond bailout 01 Feb 2012
Ireland: Funding for the future 01 Feb 2012
Securities Services
Changed landscape
Iain Morse outlines the effect impending regulations will have on the custody industry and defined benefit pension funds
01 Feb 2012
Special Reports
IPE at 15: Pension funds can shape the future of capitalism
Keith Ambachtsheer argues that pension funds are in a unique position to move capitalism in a direction that is more wealth-creating, more sustainable, less crisis-prone, and more legitimate than it...
01 Feb 2012
IPE at 15: A future for investment management 01 Feb 2012
IPE at 15: Winning the losers’ game 01 Feb 2012
Strategically Speaking
Alternatives – with pensions DNA
Sometimes a company’s best investments aren’t in businesses or financial markets. When Jack Coates took over management of the pension plan for US forest products firm Weyerhaeuser in 1985, he was...
01 Feb 2012
