All IPE articles in August 2007 (Online) – Page 5

  • News

    Equity appetite unscathed by US turmoil – ML

    2007-08-16T13:00:00Z

    [14:00 CEST 16-08] GLOBAL – Despite global market turbulence, institutional investors still believe equities offer value, particularly relative to bonds, Merrill Lynch has found.

  • News

    Watson Wyatt's consulting revenues up 48%

    2007-08-16T13:30:00Z

    [15:30 CEST 16-08] GLOBAL – Watson Wyatt's investment consulting business grew its revenue by 48% over the last year, to reach $128.7m at the end of the firm's fiscal year 2007.

  • News

    Mecklenburg joins civil servants fund trend

    2007-08-16T14:30:00Z

    [15:30 CEST 16-08] GERMANY – Mecklenburg-Vorpommern will become the ninth German province to create a pension fund for its civil servants.

  • News

    LPFA to reform SRI policy

    2007-08-16T15:00:00Z

    [16:00 CEST 16-08] UK – The £3.6bn (€5.3bn) London Pension Fund Authority (LPFA) is looking into changes to its socially responsible investment strategy (SRI).

  • News

    Pensions' mortgage portfolios reach €33bn - DNB

    2007-08-16T15:30:00Z

    [16:30 CEST 16-08] NETHERLANDS - Dutch pension funds and insurers have combined mortgage capital business on outstanding home loans worth €33bn, or 6% of the national market, regulator De Nederlandsche Bank has announced.

  • News

    Market contagion "could hurt fixed income shift"

    2007-08-16T15:30:00Z

    [16:30 CEST 16-08] EUROPE – Pension funds could be hit by current investment market turbulence more than initially expected because trustees have been expanding fixed income mandates to gain higher returns as well as move assets out of equities.

  • News

    Misset scheme to join PGB

    2007-08-17T10:00:00Z

    [11:00 CEST 17-08] NETHERLANDS - The pension fund of printing company C. Misset will join the €10bn industry-wide pension scheme for the printing industry PGB next year, it announced.

  • News

    Bulgaria has 'concentrated' pensions market

    2007-08-17T15:15:00Z

    [16:15 CEST 17-08] BULGARIA – There is limited competition in Bulgaria's voluntary pension insurance market, according to the Financial Supervision Commission (FSC).

  • News

    Blue Sky rethinks hedge funds stance

    2007-08-17T15:30:00Z

    [16:30 CEST 17-08] NETHERLANDS – Blue Sky Group, manager of the KLM Royal Dutch Airlines' corporate pension fund, has said it is considering so called hedge fund replication strategies for its investments.

  • News

    JP Morgan denies bond buy-back has stalled

    2007-08-17T15:30:00Z

    [16:30 CEST 17-08] GREECE – Investment bank JP Morgan has denied claims its offer to buy back of the scandal-ridden €280m Greek government bond has reached an impasse.

  • News

    FondoPoste moves to external managers

    2007-08-17T15:45:00Z

    [16:45 CEST 17-08] ITALY – The FondoPoste pension fund has restructured its asset management and appointed seven external managers to take care of its €100m of assets.

  • News

    Germany to tighten corporate investor supervision

    2007-08-17T16:00:00Z

    [17:00 CEST 17-08] GERMANY – The German government has approved a new regulatory regime for corporate investors such as hedge funds and private equity firms, to increase transparency and prevent ‘collaborative action’ among investors.

  • News

    BPF Schilders scheme increases asset palette

    2007-08-17T16:04:00Z

    [17:04 CEST 17-08] NETHERLANDS - BPF Schilders, the Dutch industry-wide pension fund for the painting, finishing and glazing sector has replaced part of its equity investments with allocations in private equity, hedge funds and commodities, in order the achieve more stable returns.

  • News

    IPE-QUEST: $20m Gibraltar mandate

    2007-08-20T10:30:00Z

    [11:30 CEST 20-08] GIBRALTAR – A pension fund in Gibraltar is searching for a multi-asset manager using IPE-Quest.

  • News

    LGPI stays strong on equity returns

    2007-08-20T11:30:00Z

    [12:30 CEST 20-08] FINLAND – A dip in the equity markets earlier this year failed to impact strong returns for the Local Government Pensions Institution (LGPI), suggest the pension fund’s first-half figures.

  • News

    Staffordshire tenders currency

    2007-08-20T12:00:00Z

    [13:00 CEST 20-08] UK – The £2.3bn (€3.4bn) Staffordshire county council pension fund is looking to appoint a manager for an active currency portfolio sized between £500m and £1bn.

  • News

    Hedge funds are good for governance - OECD

    2007-08-20T12:30:00Z

    [13:30 CEST 20-08] GLOBAL – Activist hedge fund and private equity strategies can improve companies' corporate governance under certain circumstances, the Organisation for Economic Co-operation and Development (OECD) has found.

  • News

    Politicians call for pension valuation reforms

    2007-08-20T14:00:00Z

    [15:00 CEST 20-08] UK – The government should scrap a requirement on defined benefit pension funds to value liabilities based on fixed income bonds as it would encourage more employers to open new final salary schemes, a Conservative Party policy team has argued.

  • News

    Annuity pricing squeeze cuts funding strain

    2007-08-20T15:30:00Z

    [16:30 CEST 20-08] UK - Pension funds will continue to see significant pressure on their solvency levels over the coming months even though the arrival of new buyout firms has reduced annuity pricing pressures, consultancy Mercer has suggested.

  • News

    Pensions Board finds compliance head

    2007-08-20T15:30:00Z

    [16:30 CEST 20-08] IRELAND – The Pensions Board has named Mary Hutch as the new head of its investigation and compliance unit.