All Alternatives articles – Page 72

  • News

    PPF assigns private equity manager panel

    2010-03-31T15:45:00Z

    UK – The Pension Protection Fund (PPF) has appointed seven private equity managers as part of a move to increase its alternatives allocation.

  • News

    Unipension drops hedge funds over lack of diversification

    2010-03-24T15:45:00Z

    DENMARK - Unipension, the administration company managing some DKK80bn (€11bn) for Denmark's Architects’ Pension Fund (AP), the Pension Fund for Danish MAs, MScs and PhDs (MP) and the Pension Fund for Agricultural Academics and Veterinary Surgeons (PJD), is divesting from its fund of hedge fund investments.

  • News

    MEPs press on with AIFM despite EU postponement

    2010-03-19T15:55:00Z

    EUROPE – MEPs on the European Parliament's Economic and Monetary Affairs (ECON) Committee have continued discussions on a set of draft compromise amendments to the AIFM Directive despite the issue being postponed by the Spanish Presidency of the European Union earlier in the week.

  • News

    UK gov't targets pensions for infrastructure funding

    2010-03-15T15:55:00Z

    UK - The UK Treasury will target pension funds as a primary source of funding for billions of pounds in infrastructure projects, using a national bank which will bypass traditional fund management companies.

  • News

    UK pensions allocate $300m to Bermudan catastrophe risk hedge fund

    2010-03-10T16:00:00Z

    UK - Eleven UK pension funds allocated a total of $340m (€373m) to a $2.6bn catastrophe reinsurance strategy run by Bermuda-based Nephila Capital in the second half of 2009.

  • News

    PPF to diversify investment strategy from equities to alternatives

    2010-03-10T15:40:00Z

    UK – The Pension Protection Fund (PPF) is diversifying its investment strategy by halving its equity allocation in favour of a 20% strategic allocation to alternatives, such as private equity and infrastructure.

  • News

    Spanish Presidency puts 'protectionist' AIFM clause back in

    2010-02-19T14:00:00Z

    [15:00 CET 19-02] EUROPE - The hedge fund industry is protesting against the reinsertion of what is considered to be a ‘protectionist’ clause in the EU’s proposed Alternative Investment Fund Managers Directive of provisions, relating to third country dealings.

  • Carbon trading needs European consistency - asset managers
    News

    Carbon trading needs European consistency - asset managers

    2010-02-12T15:55:00Z

    [16:55 CET 12-02] EUROPE – A committee of UK MPs has proposed a carbon tax be placed on companies or the carbon trading pricing floor be raised, to make inaction on climate change matter more expensive.

  • Asian debt takes centre stage
    Special Report

    Asian debt takes centre stage

    February 2010 (Magazine)

    Asian debt provides diversification and good risk-adjusted returns, argue emerging markets managers. Maha Khan Phillips takes a look at how institutional investors can access the asset class and where the best opportunities lie

  • News

    Rapporteur swamped by over 1000 AIFM amendments

    2010-01-26T15:10:00Z

    [16:10 CET 26-01] EUROPE – Jean-Paul Gauzès, rapporteur for the European Parliament’s Committee on Economic and Monetary Affairs, has received over 1000 proposed amendments from MEPs while recommendations from other sources suggest the entire Directive should be widened to cover all alternative investment funds.

  • News

    LPFA assesses need for second currency mandate

    2010-01-21T15:45:00Z

    [16:45 CET 22-01] UK – The £3.5bn (€4bn) London Pensions Fund Authority (LPFA) has held off from funding a second active currency mandate as officials are debating whether it would be preferable to invest in a broader mandate.

  • News

    CFTC proposals will affect 'few, if any commodity investors

    2010-01-15T14:00:00Z

    [15:00 CET 15-01] GLOBAL - Proposals unveiled yesterday by the Commodity Futures Trading Commission in Washington, DC for position limits in energy market derivatives fall far short of the Draconian measures feared by traders.

  • News

    Alternatives Directive predicted to raise Dutch pension costs by 6%

    2010-01-14T15:40:00Z

    [16:40 CET 14-01] NETHERLANDS - Current European Commission proposals to introduce a directive governing alternative investments managers would increase pension costs by 6%, as it would limit investment options and the spreading of risk, a large sector of the Dutch pensions market has claimed.

  • News

    UK roundup: PPF targets secondary private equity

    2010-01-05T14:45:00Z

    [15:45 CET 05-01] UK - The Pension Protection Fund (PPF) is seeking investment managers to take advantage of opportunities in the secondary private equity market. It is also re-tendering its global custody contract while the London Borough of Tower Hamlets is seeking a multi-asset passive investment manager.

  • Danish schemes invest €100m in renewable energy
    News

    Danish schemes invest €100m in renewable energy

    2009-12-23T15:45:00Z

    [16:45 CET 23-12] DENMARK - Three Danish pension funds, PensionDanmark, PBU and AP Pension have joined forces to invest DKK750m (€101m) in renewable energy projects, including a group of Spanish solar-cell parks which benefit from a 30-year state-backed price guarantee for the energy they produce.

  • News

    Not a good time for interest rate matching - IPE survey

    2009-12-23T14:00:00Z

    [15:00 CET 23-12] EUROPE - Now is not a good time to use assets to match interest rate risk in a liability-driven investments (LDI) strategy. Bond yields are too low and assets are better employed seeking yield elsewhere, according to 61.5% of pension funds responding to an IPE survey.

  • News

    UK roundup: Tyne & Wear, Shropshire, Kent, Xafinity, FSA, PMI

    2009-12-17T15:30:00Z

    [16:30 CET 17-12] UK – Several UK local authorities have reviewed their investment and administration mandates while there have been developments elsewhere in relation to UK pensions regulation.

  • News

    iShares refutes Watson Wyatt caution over ETFs (amended)

    2009-12-09T15:35:00Z

    [16:35 CET 09-12] GLOBAL – Global ETF provider iShares has hit back at claims by consultancy firm Watson Wyatt suggesting ETFs are in most cases an unattractive investment for most institutional investors, and argued the pricing of products is in many cases equal to that of passive index investments.

  • News

    Investors uncertain about private equity future

    2009-12-07T14:30:00Z

    [15:30 CET 07-12] The latest quarterly Global Private Equity Barometer from Coller Capital suggests European institutional investors have mixed feelings about the asset class. Half said they have an unfavourable view of private equity and few expect the bumper bull market returns to come back, but a big majority say ...

  • Features

    Private equity and the ‘new normal’

    December 2009 (Magazine)

    Swings between deflationary and inflationary economic cycles will play havoc with private equity investments, says Nicholas Doimi de Frankopan, but also separate the men from the boys