All Alternatives articles – Page 75

  • News

    Lothian focuses on alternatives in new strategy

    2009-09-01T16:00:00Z

    [17:00 CEST 01-09] UK – Lothian Pension Fund is set to increase its allocation to alternative assets from 24% to 35% in a gradual transition to its new investment strategy.

  • Features

    Your money or your life

    September 2009 (Magazine)

    Life settlements are emerging as a viable form of exposure to the longevity asset class. Martin Steward asks if there is any place for them in a pension fund portfolio

  • Features

    The time is right

    September 2009 (Magazine)

    Paul Kelly and Mitchell Cole discuss why captive reinsurance companies can be useful tools in dealing with DB pensions

  • USS prepares to build FoHFs
    News

    USS prepares to build FoHFs

    2009-08-26T16:10:00Z

    [17:10 CEST 26-08] UK – The Universities Superannuation Scheme, the UK’s second-largest defined benefit pension plan, has started work on the creation of an in-house fund of hedge funds.

  • News

    Partners Group wins Bucks alternatives mandate

    2009-08-06T15:30:00Z

    [16:30 CEST 06-08] UK – Buckinghamshire County Council has awarded an alternative assets mandate to Partners Group on behalf of its £1bn (€1.17bn) local government pension scheme.

  • News

    Railpen expands its long-short strategy

    2009-08-06T15:00:00Z

    [16:00 CEST 06-08] UK - Railpen Investments, the in-house investment manager for the £15bn (€17.7bn) industry-wide pension fund for British railway workers, has invested £65m in a fund of long-short equity hedge fund with Goodhart Partners.

  • AIFM could cost pension funds €25bn a year
    News

    AIFM could cost pension funds €25bn a year

    2009-08-04T14:30:00Z

    [15:30 CEST 04-08] GLOBAL – The Alternative Investment Fund Managers (AIFM) Directive could cost European pension funds €25bn a year through charges and lower investment returns if is implemented in its current form, the Alternative Investment Management Association has claimed.

  • News

    AIFM could bring less fund choice, claims law firm

    2009-07-24T16:00:00Z

    [17:00 CEST 24-07] EUROPE – A Paris-headquartered law firm has warned current proposals for the Alternative Investment Fund Managers (AIFM) Directive could lead to a lack of choice of funds in the future unless European officials can work with US and international counterparts to improve regulatory terms on alternative investments.

  • News

    Liechtenstein Sozialfonds to enhance risk taking

    2009-07-21T13:20:00Z

    [14:20 CEST 21-07] LIECHTENSTEIN – The largest pensionskasse in the small principality of Liechtenstein, the ‘Sozialfonds’, says it is strong enough to take on longevity and other demographic risks itself.

  • News

    Crisis highlights importance of risk premium

    2009-07-14T14:30:00Z

    [15:30 CEST 14-09] NETHERLANDS - The financial crisis has emphasised the need for investors to become more innovative and creative when seeking risk premium, according to Ronald Wuijster, managing director strategic portfolio management at APG Asset Management.

  • Real estate dominates in alternative assets
    News

    Real estate dominates in alternative assets

    2009-07-06T16:00:00Z

    [17:00 CEST 06-07] GLOBAL – Real estate investments still make up over half of the alternative assets managed by external managers on behalf of pension funds, and despite the economic downturn, suggests a study conducted by Watson Wyatt.

  • News

    Directive could increase systemic risk, warns ex-SEC chairman

    2009-07-02T16:00:00Z

    [17:00 CEST 02-07] GLOBAL - Harvey Pitt, chairman of the SEC from 2001-2003 and during the 9/11 and Enron years, has warned that the European Commission’s draft directive on alternative investment fund managers could end up exacerbating the systemic risks it is supposed to regulate if it leads to hedge ...

  • News

    Private equity 'well ahead' of regulatory thinking - State Street

    2009-07-02T15:55:00Z

    [16:55 CEST 02-07] GLOBAL - Investors remain committed to private equity and are already benefiting from a “fundamental shift” in power away from general partners (GPs), according to State Street.

  • News

    USS to invest in evolving hedge funds market

    2009-06-30T15:45:00Z

    [16:45 CESt 30-06] GLOBAL – The Universities Superannuation Scheme, the UK’s second-largest pension fund, is to begin investing in single strategy hedge funds as officials say they can now get access to the big named brands and corporate governance conditions are improving.

  • News

    Germany’s largest pensionskasse returns 4.5%

    2009-06-29T15:35:00Z

    [16:35 CEST 29-06] GERMANY – The €20.1bn BVV Pensionskasse for banks will grant its members 4.5% interest for 2008 as it achieved a positive portfolio return last year.

  • News

    Babcock confirms longevity deal with Credit Suisse

    2009-06-26T13:00:00Z

    [14:00 CEST 26-06] UK – Babcock International has confirmed trustees of its Davenport Royal Dockyard defined benefit (DB) scheme have signed a longevity swap agreement with Credit Suisse to cap £300m (€328m) of its pensioner-in-payment liabilities.

  • News

    USS goes in search of private equity expertise

    2009-06-25T14:00:00Z

    [15:00 CEST 25-06] UK – USS, the UK’s second-largest defined benefit pension scheme, is expanding its alternative investments team again but is this time turning its attention to private equity.

  • News

    Clwyd tenders hedge fund portfolio

    2009-06-24T15:45:00Z

    [16:45 CEST 24-06] UK – Flintshire County Council is seeking an investment manager to run a specialist £40m (€47m) hedge fund portfolio for the Clwyd Pension Fund.

  • News

    FRR lowers equity holding in strategic review

    2009-06-19T15:55:00Z

    [16:55 CEST 19-06] FRANCE – FRR, the French national pension fund, has completed its strategic asset allocation review and effectively split equities and bonds holdings as well as introduce new standards on the level of returns and volatility set.

  • Hedge funds 'victims of crisis, not culprits', says Lhabitant
    News

    Hedge funds 'victims of crisis, not culprits', says Lhabitant

    2009-06-18T12:30:00Z

    [13:30 CESt 18-06] EUROPE - Hedge funds were the victims of the financial crisis and not the perpetrators, and they remain an appropriate tool for institutional investors, argued Francois-Serge Lhabitant at the 12th Uhlenbruch Annual Portfolio Management Conference in Frankfurt.