Asset Allocation – Page 209
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Features
French working life balance tilts
Passed by the French Parliament in July 2003 then validated by the Constitutional Council, the law on pension reform was published in its final form (as law No 2003-775) on 21 August 2003. A number of articles of the law are still to be dealt with by decree in the ...
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Features
Spanish trustees need to go back to school
The issue of education in financial and investment matters as a fundamental need of pension fund trustees in Spain was confirmed in a recent survey carried out by Mercer. The survey into corporate governance among second pillar pension schemes was the first of its kind in Spain. One of its ...
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Features
Conservative approach
Management of pension funds in Spain is dominated by a few major financial institutions and insurance companies. The top three providers, BBVA, La Caixa and Santander manage 45% of total assets under management, while the top 10 represent three quarters of the market. Santander’s asset management unit is one of ...
