Analysis and opinion

  • expectations indicator1
    Features

    IPE Quest Expectations Indicator August 2020

    2020-07-24T15:20:00Z

    Holiday season optimism

  • Liam Kennnedy
    Opinion Pieces

    Dutch pensions: the next chapter

    July/August 2020 (Magazine)

    For those who have been following the cumbersome multi-year saga of Dutch pensions reform, the latest wrinkle might seem trivial.

  • Turn crisis into opportunity
    Opinion Pieces

    Turn crisis into opportunity

    July/August 2020 (Magazine)

    One of the most striking features of the discussion of what could be called the Corona crisis – the economic and financial crisis associated with the COVID-19 pandemic – is its pervasive intellectual laziness. Far too few commentators are trying to grapple with its unique features.

  • Growing debt levels spell trouble
    Opinion Pieces

    Growing debt levels spell trouble

    July/August 2020 (Magazine)

    Credit investors would be wise to reflect upon the growing debt burden weighing on the global economy.

  • venilia amorim
    Opinion Pieces

    AGMs: Setting new ESG standards

    July/August 2020 (Magazine)

    As the AGM season comes to an end for another year, it is worth reflecting upon the high pressure that company boards are facing from investors to take greater account of environmental impact, diversity and executive pay – only a few issues from a long list of environmental, social and governance (ESG) criteria that most investors now seem to abide by.

  • Features

    Accounting Matters: Controversy over sponsor rebates

    July/August 2020 (Magazine)

    In 2014, staff at the International Financial Reporting Standards Interpretations Committee (IFRS IC) – the body responsible for developing guidance on the application of IFRSs – recommended the approval of an amendment to its asset-ceiling guidance. 

  • Joseph Mariathasan
    Features

    Investment Strategy: Towards sustainable portfolio theory

    July/August 2020 (Magazine)

    This year marks the 30th anniversary of the 1990 Nobel prize in Economics given to Harry Markowitz, William Sharpe and Merton Miller. IPE is  marking this in several ways. The first event took place at the IPE annual conference in Copenhagen in December 2019, with a panel discussion following on from the showing of a delightful video. The video was based on a few days that TOBAM CEO Yves Choueifaty and I spent with Markowitz in his office in San Diego in June of that year and showed Markowitz’s charm and humility despite his great achievements. 

  • The shape of capital to come
    Opinion Pieces

    The shape of capital to come

    June 2020 (Magazine)

    In the Netherlands, the Afsluitdijk is a 32km by 90m dyke and causeway running between the provinces of North Holland and Friesland

  • EU integration takes a hit
    Opinion Pieces

    EU integration takes a hit

    June 2020 (Magazine)

    The symbolism should not be missed. One of the first responses to the COVID-19 pandemic in Europe was the closure of national borders.

  • Seize the possibilities of crisis
    Opinion Pieces

    Seize the possibilities of crisis

    June 2020 (Magazine)

    IPE’s 2020 Top 500 Asset Managers ranking shines a light on overall global managed assets in 2019, which increased by almost 22% in euro terms over the course of last year to €80trn.

  • Venilia
    Opinion Pieces

    Risky business

    June 2020 (Magazine)

    The rapid spread of COVID-19, the subsequent aggressive containment measures, and the collapse in oil and equity markets in recent months mean that global economic growth prospects have deteriorated.

  • Features

    Accounting Matters: Will IFRS 9 cause a new crisis?

    June 2020 (Magazine)

    The global financial crisis of 2008-09 was fertile ground for the International Accounting Standards Board (IASB) and the US Financial Accounting Standards Board (FASB). Suddenly everyone was talking about flawed accounting. Globalisation was king, bigger was better, and politicians were keen to assuage public anger that banks which seemed were healthy were in fact insolvent. 

  • Joseph Mariathasan
    Features

    Corporate Purpose: Shareholders or society?

    June 2020 (Magazine)

    The COVID-19 pandemic recovery phase is a chance to reshape global economies into new sustainable models 

  • Liam Kennnedy
    Opinion Pieces

    Guard against mission creep

    May 2020 (Magazine)

    As the impact of the coronavirus continues to make itself felt, largely out of sight in hospitals and care homes, the parallel with today’s social, market and economic situation feels unusually apt

  • Gerard van Olphen
    Analysis

    Perspective: COVID-19: Funds seek solace in the long term

    May 2020 (Magazine)

    COVID-19 is forcing European pension funds to put on a brave face as asset portfolios and funding ratios plummet, and regulators soften their stances.

  • Daniel Ben-Ami
    Opinion Pieces

    Pandemic quickens existing trends

    May 2020 (Magazine)

    It was probably inevitable that many would declare that the Covid-19 pandemic changes everything. The only question was how that sentiment would be expressed

  • Matthew Edwards
    Analysis

    Perspective: Inspired actuaries form COVID-19 rapid response group

    May 2020 (Magazine)

    At the onset of Europe becoming the epicentre of the coronavirus crisis, there were individuals in one profession that were keen to act as quickly as possible in response to what they saw “could well be humanity’s burning platform for change”. 

  • Carlo Svaluto Moreolo
    Opinion Pieces

    Market disconnects have widened

    May 2020 (Magazine)

    Thanks to a remarkable comeback in April, equity markets have partly offset the collapse that took place as a result of the COVID-19 pandemic. 

  • EIOPA has garnered a positive response for its reaction to the COVID-19 pandemic
    Analysis

    Perspective: EIOPA’s COVID-19 address reassures

    May 2020 (Magazine)

    A coronavirus crisis statement from EIOPA addressed to national supervisors drew positive words from lobby groups PensionsEurope and the European Association of Paritarian Institutions (AEIP).

  • Venilia
    Opinion Pieces

    Not business as usual

    May 2020 (Magazine)

    Basing investment decisions on short-term events can have long-term consequences, so it is vital trustees seek guidance