Asset Allocation – Page 196
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Features
Two-way traffic ahead
Asset management in the EU’s central and east European members states remains dominated by the second pillar pensions system that most of the countries have adopted. While some of the pension funds rank among the top 1,000 in Europe, the investment fund industry is still small. According to data from ...
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Features
Flying below the radar
The E400m Belgian industry-wide construction scheme, FSE-FBZ, finished a major asset transition in May last year. The scheme is essentially a social fund, of which part will become a pension fund in the future. It was due to this change that restructuring was being undertaken. Because of the size of ...
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Features
Plus ça change plus...
Change can be good for business. And if you are a transition manager, then definitely. The widespread rethinking of portfolio composition by institutional investors has given a boost to the transition management sector, even if the market slump that precipitated it has eroded the pension assets themselves. Transition management is ...
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Features
Positively challenged
IPE asked three pension funds – one small, one medium and one large – in three countries – Denmark, the Netherlands and the UK – the same question: “What do you see as your major challenges in 2005?” Here are their answers: Steen Jørgensen, managing director and CEO of ...
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Features
Emerging markets deliver goods
Absolute Return Funds (ARFs) returned on average 3.2% for the month of November and an impressive 9.5% for eleven months of the year. Within the Absolute Return universe, Eurekahedge has categorised funds into bottom up, top down, dual approach, and diversified debt, of which over 150 are listed in its ...
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Features
Dipping your toe in the pool
With computer giant IBM now apparently re-thinking the idea of pooling its European pension assets because of uncertainty over tax harmonisation, where exactly does that leave the whole pooling and pan-European pensions debate? In short, can pooling deliver on the hype? The company is understood to be unwilling to commit ...
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Features
Global plans' elusive results
At least three issues are raising the stakes for better management of retirement plans across borders: plans are more likely to be in deficit, accounting standards are driving increased transparency and there is a greater focus on corporate governance worldwide. But success is elusive for many. Most multinationals encounter significant ...
