Asset Allocation – Page 272
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Features
Stakeholder on menu
The introduction of stakeholder pension schemes in the UK form the basis of a major overhaul of the UK’s pension fund industry, Dick Stratton of William Mercer told the National Association of Pension Funds (NAPF) annual conference in Birmingham. “Stakeholder pensions signal a major change to the pensions landscape,” he ...
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PPM sets a model
PPM sets a model Both the Nordic region and the rest of Europe are looking at Sweden. The new Swedish Premium Pension System (PPM) is attracting the interest of fund managers and pension professionals across the continent. It’s still early days, but some believe, that this system will be the ...
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Opening up trading accounts
To help professional investors, such as pension funds, hedge funds and insurers,who want to trade in options and futures, the former Amsterdam Exchanges (now Euronext Amsterdam) introduced professional clearing accounts (PCAs) a few years ago . This is an exclusive clearing facility for professional investors. These accounts allow professional investors ...
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Merger the best way
Attempts to create a pan-European stock exchage stole the limelight last year and overshadowed the equally important consolidation of clearing and settlement in Europe. With Clearstream, Euroclear and Crest expressing interest in a cross-border system and the LSE, London Clearing House and Crest forming a central counterparty, it appears the ...
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Good time for the buy decision
In times of high risk aversion and fears of global recession investors tend to overlook the opportunities offered by emerging markets, it is a pity, as this is usually the best time to buy. Recent results may help to put through this thesis. In the year to date the MSCI ...
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Setting standards to deal with risk
We are all, at last, coming to realise in these volatile times that risk cannot be avoided. Indeed, for any serious investor in the equity market, the acceptance of risk has always been essential to the earning of a reward. Ignoring risk is never an option – the question is ...
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Pension systems developed to meet different needs
ARGENTINA The pension reform in Argentina was approved in 1993, establishing a mixed system consisting of a public pension pay-as-you-go pillar, complemented by a mandatory second pillar in which workers can choose between privately managed individual accounts or a publicly managed defined benefit scheme. Affiliation to the system, the Sistema ...
