Dutch, UK lawmakers call on financial markets commissioner not to let revised IORP Directive “become next Solvency II”
Standard setter considers option of scrapping IAS19, replacing it with principles-based accounting model for DB and DC plans
Take-up of alternative to kapitalpension only one-tenth that of original product, according to ATP
Schemes believe biggest risk of ESG behaviour is lowering returns, IPE survey shows
Switzerland’s largest pension fund says US corporate bond mandate ‘did not rely on any single person’
Italian DC provider Arca Previdenza highlights growth in Italian minibond market
With commissioners-designate calling for ‘quick and effective adjustments’ to regulation and the end of ‘bottlenecks’, is the Brussels putting growth above regulation?
Daniel Ivascyn elected CIO with three-man teams to lead Unconstrained Bond Fund, Total Return Fund
Fixed income legend looks forward to returning ‘full focus’ to fixed income markets, giving up ‘complexities that go with managing large, complicated organisation’
Ilmarinen, Liontrust Asset Management, Deutsche AWM, Towers Watson, Alliance Trust
Ritakallio takes reins at pensions mutual after Harri Sailas announces retirement next spring
Investor tenders $350m US high-yield mandate using IPE-Quest
EUROPE – European investor tenders $25m global high-yield debt mandate using IPE-Quest.
GLOBAL – Asian investor tenders $200m Singapore government debt mandate.
EUROPE – Continental pension fund tenders £50m, passive, UK Gilt mandate using IPE-Quest.