IPE Magazine
September 2012Analysis
Tomorrow’s long-term capitalists
The UK equity market, as Prof John Kay rightly points out in his review ‘UK Markets and Long-term Decision Making’, is no longer majority-owned by UK pension funds and insurers, and has not been for...
03 Sep 2012
Latin lessons in sovereign default 03 Sep 2012
Breaking up is hard to do 03 Sep 2012
Briefing
All change… again
Stephen Bouvier reviews changes to the IAS19 employee benefits standard
03 Sep 2012
Crucial assumptions 03 Sep 2012
Who turned out the lights? 03 Sep 2012
Diary of An Investor
Dog days
It is the end of August. Holidays are a distant memory, the leaves are wilting on the trees and the children are going back to school. The euro crisis isn’t getting any worse and markets have even...
03 Sep 2012
ESG Reports
Extracting the true cost of gold
Institutional investors have been integral to the boom in gold prices over the past five years, but are they fully aware of the high-impact nature of their investments? Nina Röhrbein reports
03 Sep 2012
Guest Viewpoint
Peter Kraneveld, Secretary of the Association for European Retirement Education
“Supervision should be made responsible for pension quality, not just for solvency”
03 Sep 2012
How We Run Our Money
Steadying the ship
Andrew Waring of the UK Merchant Navy Officers Pension Fund tells Nina Röhrbein how the 2008 financial crisis led to a fiduciary management structure
03 Sep 2012
Investing In...
Emerging Market Debt: The real issue
Do negative real rates in inflating economies make a case for taking emerging currency exposure without the bond duration? Joseph Mariathasan finds a complex picture
03 Sep 2012
Emerging Market Debt: Blurring the lines 03 Sep 2012
Emerging Market Debt: Beyond Brazil 03 Sep 2012
Letter from Brussels
Ins and outs of ‘flexileg’
In the old days, an international investment bank could study a Brussels Directive or Regulation and make plans.
03 Sep 2012
Letter from the US
MAP-21 skirts IASB
Under the seemingly innocuous Moving Ahead for Progress in the 21st Century Act (or MAP-21 for short), new accounting rules have been approved in the US that will affect their private pension funds....
03 Sep 2012
Long-term Matters
Long-term Matters: Hedge fund concerns
Hedge funds have, without doubt, delivered ‘loadsamoney’, especially for their staff and their richest and smartest customers over the past few decades. And there is also no doubt that short-selling...
03 Sep 2012
Off The Record
Bad to the bone
Almost three-quarters of respondents to this month’s Off The Record survey felt recent events, such as LIBOR-manipulation and mis-selling, point to major problems with the culture of banking.
03 Sep 2012
On The Record
Cost concerns
What impact will the EMIR regulation have on your LDI strategy?
03 Sep 2012
Pensions In
The Netherlands: Fault lines
Leen Preesman and Mariska van der Westen read the runes of Dutch politics, which will be the crucial factor in determining the future of the country’s occupational pension system
03 Sep 2012
The Netherlands: Anxiety management 03 Sep 2012
The Netherlands: PPI to spur DC growth 03 Sep 2012
Special Reports
German Asset Management: In the market for advice
Nina Röhrbein reviews trends in German institutional asset management, noting increasing demand for advice
28 Sep 2012
OTC Swaps Regulation: Unintended consequences 03 Sep 2012
OTC Swaps Regulation: The view from ESMA 03 Sep 2012
Strategically Speaking
Holding hedge funds to account
Bond yields sit at historic lows, growth is sparse and equities aren’t cheap. The result: a search for yield in credit assets and for alpha in liquid alternative investments.
03 Sep 2012
