Asset Allocation – Page 201
-
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 ...
-
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 ...
-
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 ...
-
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 ...
-
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 ...
-
Features
Finns take a wrong turn
From January the mode of calculating the parliamentary pension in Finland will be changed. The pension will be calculated on the basis of the salary during the whole mandate of the member of parliment (MP); currently the pension is calculated on the basis of the salary of the last month’s ...
-
Features
Minister with a mission
How does a deeply religious man who wanted to become a missionary grow into one of the most powerful politicians in the Netherlands? Aart-Jan de Geus is the Dutch secretary for social affairs and employment and oversees the country’s pensions and social security reforms. We take a closer look at ...
-
Features
Swiss MM starts to motor
One particular feature of the Swiss pension fund market has been a big driver in the development of multi-manager investment. “Swiss pension funds have been in the vanguard when it comes to hedge fund investment, with some very substantial allocations. And hedge fund investment almost always uses the MM approach”, ...
