All Alternatives articles – Page 122

  • News

    SEI sees 25% European growth

    2005-11-28T04:09:00Z

    EUROPE – SEI, the US-based multi-manager fund provider, expects to grow its business in Europe by 25% annually, with nearly all of that growth taking place in the UK, its managing director for Europe says.

  • News

    Horeca in €100m private equity move

    2005-11-24T03:54:00Z

    NETHERLANDS - The €2bn Dutch hotel and catering scheme, Pensioenfonds Horeca en Catering, has awarded two €50m private equity mandates to Goldman Sachs Private Equity Group and HarbourVest Partners.

  • News

    Demand for Germany’s Riester pensions surges

    2005-11-24T03:36:00Z

    GERMANY – Demand for the Riester-Rente, a government-subsidised private pension launched in 2002, has increased dramatically this year, the German finance ministry has reported.

  • News

    IPE-QUEST: North American equities tendered

    2005-11-18T03:51:00Z

    DENMARK - Kirstein Finans has tendered around $100m (€85.4m) in active North American small/mid-cap equities via IPE-Quest.

  • News

    CEIOPS rules out separate pensions committee

    2005-11-17T03:19:00Z

    EUROPE – CEIOPS chairman Henrik Bjerre-Nielsen has ruled out the need for a separate EU committee on pensions – despite the group’s current focus on the Solvency II project for the insurance industry.

  • News

    IPE-QUEST: Danish fund tenders EM debt

    2005-11-17T03:16:00Z

    DENMARK – Kirstein Finans has tendered around €70m in global emerging market debt for a Danish pension fund via IPE-Quest.

  • News

    IMA says pension pooling at stalemate

    2005-11-16T03:54:00Z

    UK – The Investment Management Association says pension pooling is stuck in “something of a stalemate”.

  • News

    Ireland’s NPRF starts private equity programme

    2005-11-16T03:10:00Z

    IRELAND – The €14.5bn National Pension Reserve Fund has initiated its new investment programme with a €75m private equity commitment with independent buy-out firm CVC Capital Partners.

  • News

    Institutions pull €1.8bn from Schroders

    2005-11-15T03:50:00Z

    UK – Schroders plc says it lost a net £1.2bn (€1.78bn) in institutional assets under management in the three months to the end of September – although asset management profit and revenue were both up.

  • News

    EU pensions committee eyes hedge fund role

    2005-11-15T03:31:00Z

    EUROPE – The European pensions supervisory committee CEIOPS wants to serve as a focus for debating issues that impact occupational pension supervision from other sectors, such as hedge funds.

  • News

    Nestlé seeks pensions risk manager

    2005-11-11T03:19:00Z

    UK – Nestlé is looking for a risk manager with experience in hedge funds to offer services, including the management of assets and liabilities, to its pension funds.

  • News

    Buckingham cuts Capital mandate in revamp

    2005-11-08T04:20:00Z

    UK – The £874m (€1.3bn) Buckinghamshire Pension Fund has cut Capital International’s equities mandate by just over 20% due to poor performance results, and appointed five new fund managers.

  • News

    Report denies UK pensions crisis

    2005-11-07T03:39:00Z

    UK - Britain does not face a pensions crisis, nor does it have a savings gap that needs closing, a business-led think tank has said.

  • News

    Italian pension funds agree merger

    2005-11-04T03:02:00Z

    ITALY – Fonchim, Italy's industry-wide chemical and pharmaceutical industry pension fund, is acquiring the Bayer Italia pension fund (Fpbi), the Italian unit of the German chemical firm Bayer.

  • News

    Irish fund servicing industry closes on $1trn

    2005-11-02T03:45:00Z

    IRELAND – Irish-serviced funds grew 23% over the past year, topping $950bn (€785bn) as at 30 June 2005, according to Lipper Fitzrovia’s 11th annual Dublin Fund Encyclopedia.

  • Features

    Shallower returns

    November 2005 (Magazine)

    While the performance of funds of funds for August has been in keeping with the previous three months’ very positive and rising returns, the slope of the rise has taken a turn towards the shallow. The Eurekahedge Global Fund of Funds Index returned 0.8% in August (as compared with +1.6% ...

  • Features

    Italy's longer-term optimism

    November 2005 (Magazine)

    Italy does not have as consistent a private equity culture as other large European economies. Last year, private equity investment as a whole made up just 0.110% of its gross domestic product. This placed Italy twelfth in the European rankings, behind not only the traditional leaders in private equity in ...

  • Features

    Investing with the grain

    November 2005 (Magazine)

    Oil is today’s news. Gold is always news. But what about wheat? Wheat is one of the agricultural commodities, the Cinderella sector of commodities. While energy and metals have attracted the attention of investors, agriculture - a so-called ‘soft’ commodity - has often been overlooked. Yet agricultural commodities have their ...

  • Features

    Hedge funds under scrutiny

    November 2005 (Magazine)

    Until recently, hedge funds were considered as a ‘black box’ which aimed to deliver absolute returns and stipulated cash as a benchmark. Current research conducted at the London Business School’s hedge fund research centre focuses on two issues. The first pertains to the systematic risks of hedge fund strategies while ...

  • Features

    Showing the way in Europe

    November 2005 (Magazine)

    Compared with institutional investors in other countries, Dutch institutions are very receptive to investing in private equity and the largest pension funds in the Netherlands have been investing in private equity for some time, with ABP and PPGM investing in the asset class since 1996 and 1990 respectively. ABP has ...