Asset Allocation – Page 210
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Features
How to shrink the liabilities
US pension fund sponsors can breathe with relief after the Pension Funding Equity Act of 2004 was signed by the president George W Bush in April. According to the Pension Benefit Guaranty Corporation (the quasi-federal agency that insures pension plans) the new law will save them $80bn (e117.8bn) in contributions ...
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Features
Make sure the message gets across
A key issue facing the Dutch pensions market is that public does not know how well it is taken care of, especially compared with other countries. This point was made at the recent VB annual conference in Baarn by the association’s chairman Ton Wennekus. The VB in association with others ...
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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 ...