Asset Allocation – Page 259
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Features
Pensions reform derailed
The 11 September terrorist attack has changed the scenario for US pension reform, but it is not yet clear in which direction. Critics of social security privatisation say the stock market downturn shows how risky the proposal is. Supporters of the Bush administration’s original plan (in which private personal accounts ...
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Features
Difficult times
Recently when any overview of the Nordic exchanges has been prepared, the logical starting place is usually Sweden. This is because the OM Group has been one of the most active and high profile organisations in the world of exchanges. Last year attention focused on the bid for the London ...
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Features
Grappling with liability overhang
The current reform of Germany’s pension system has signalled a change in attitude to liabilities. The belief that assets can always match liabilities was summed up in the complacent government catchphrase “your pension is safe”. This certainty has been replaced by a growing sense that liabilities have grown too large ...
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Features
'Interest rates and hope'
The markets have at last begun to rally from the year’s lows recorded in September, but analysts already wonder if the recovery is sustainable. “The recovery since the September lows has been really quite rapid, especially in telecoms and technology, but the markets are still plagued by uncertainty, in respect ...
