Asset Allocation – Page 260
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Features
Novartis fund makes move from concrete to paper
Pension funds in Switzerland have a long tradition of investing in property, and the team responsible for the Sfr18bn(e12bn) Novartis pension fund is not exception. The Basle-based pension fund has for years had a significant exposure to real estate, around 12% of the total portfolio, through direct holdings in property, ...
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Features
Slovenia on EU track
It now seems the dim and distant past when Slovenia seceded peacefully from the then Yugoslav Republic. Although it really is not that long ago, the small republic has come a long way since. While the world concentrated on the rebuilding of the republics shattered by the Balkan war, Slovenia ...
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Features
European funds' wider horizons
Continental European pension funds are poised to shrink their domestic allocations still further in favour of European assets over the next three years, according to new research we have carried out. These results are based on replies from 184 pension funds in 11 countries, including the UK, with assets under ...
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Features
Russian reform gathers speed
One could hardly have imagined that such a complex issue as reform of the pension system, which has been discussed in Russia since 1995 and failed to be launched three times, would proceed at such an incredible pace in 2001, with practical operation of the new system expected already in ...
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Features
Second pillar needs support
Hungary is gearing up for an election in the spring, and the government is facing a serious challenge from the main opposition party, both on current policy and in the opinion polls. Nevertheless, it is showing determination in pressing ahead with EU accession legislation, including significant reforms of the capital ...
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Features
Time running out for reform
Despite being one of the most favoured nations for EU assimilation the Czech Republic continues to be inward-looking when it comes to investment reform and pensions. It is indeed a measure of the failure of many other countries in central and eastern Europe to create capital markets that the Republic ...
