All IPE articles in August 2007 (Online) – Page 7

  • News

    Pensions Regulator builds market research

    2007-08-23T15:30:00Z

    [16:30 CEST 23-08] UK – The Pensions Regulator is seeking to build a database of market research agencies to facilitate future procurements of market analysis and industry surveys.

  • News

    Final deal agreed on Greek scandal bond

    2007-08-24T11:30:00Z

    [13:00 CEST 24-08] GREECE – Four Greek state pension funds have reached a final buy-back agreement with US investment bank JP Morgan and hedge fund North Asset Management to reverse a disputed bond deal.

  • News

    Lower correlation eyed as Irish funding holds

    2007-08-24T11:40:00Z

    [13:00 CEST 24-08] EUROPE – Irish pension funds have proved go be more resilient to recent market turmoil than anticipated, research has revealed.

  • News

    Aviva posts steady 1H07 fund management profits

    2007-08-24T14:40:00Z

    [15:40 CEST 24-08] EUROPE – The Aviva group’s European fund management business reported operating profits of £29m (€43m) for the first half of 2007, slightly down from the £30m reported for the same period last year.

  • News

    Prosecutor to vet premier’s pension claims

    2007-08-24T14:45:00Z

    SLOVAKIA – The Bratislava prosecutor's office is to examine comments made by Slovak prime minister Robert Fico about pension fund management companies.

  • News

    Citigroup buyout not a trend, says report

    2007-08-24T15:00:00Z

    [16:00 CEST 24/08] UK – Citigroup’s recent move into the buyout arena is unlikely to result in a major venture for the financial service company, actuarial consultant Punter Southall has said.

  • News

    Swiss SRI market doubles

    2007-08-24T15:00:00Z

    [16:00 CEST 24/08] SWITZERLAND – Both institutional and retail investors are showing more interest in themed SRI funds than ever before, according to the Zürich-based research company onValues.

  • News

    First funds approved for Romania’s second pillar

    2007-08-24T15:15:00Z

    ROMANIA – The Private Pension Supervision Commission (CSSPP) has authorised five second pillar pension funds for sale in Romania.

  • News

    Funds still dread alternatives

    2007-08-24T15:20:00Z

    [16:20 CEST 24/08] GLOBAL – Underfunding, a lack of transparency and high fees keep the majority of pension funds away from investing in alternatives, according to a new white paper by Northern Trust.

  • News

    Few Dutch schemes see diversity in soft commodities

    2007-08-28T12:00:00Z

    [13:00 CEST 28-08] NETHERLANDS – Only a tiny fraction of Dutch pension fund assets are actively invested in agricultural commodities, IPE has learned.

  • News

    Indictments handed down in Fribourg pensions scandal

    2007-08-28T13:30:00Z

    [14:30 CEST 28-08] SWITZERLAND – A magistrate investigating the past financial woes of the city of Fribourg’s pension fund has indicted the city’s treasurer and three other treasury employees, accusing them of falsifying accounting documents.

  • News

    Nordic pension funds predict alternatives outsourcing

    2007-08-28T14:00:00Z

    [15:00 CEST 28-08] EUROPE – Nordic pension funds increasingly expect to outsource the management of alternative investments to third parties but some local investments may move more in-house, according to a study conducted by Kirstein Finansrådgivning.

  • News

    ABP names new directors

    2007-08-28T15:00:00Z

    [16:00 CEST 28-08] NETHERLANDS - The €211bn civil service scheme ABP has named two new members on the board of directors, including Sluimers’ replacement as chief financial officer (CFO).

  • News

    Middle-aged men 'dominate' pension trustee boards

    2007-08-28T15:00:00Z

    [16:00 CEST 28-08] UK – Pension trustee boards lack diversity, while trustees struggle coming to terms with the complexity of pension legislation, a new study has found.

  • News

    Liechtenstein complications with Swiss fund

    2007-08-28T15:30:00Z

    [16:30 CEST 28-08] LIECHTENSTEIN/SWITZERLAND – The Swiss senate has raised enquiries about the linkage of Liechtenstein’s second pillar pension schemes to the Swiss pension protection fund.

  • News

    Hackney looks to GTAA and currency

    2007-08-28T15:30:00Z

    [16:30 CEST 28-08] UK – The London Borough of Hackney pension fund is considering making its first foray into global tactical asset allocation (GTAA) and currency overlay.

  • News

    Review delivers SLI higher Pensions Trust

    2007-08-29T10:00:00Z

    [11:00 CEST 29-08] UK – Standard Life Investments has been awarded an expanded remit to manage fixed income investments for the Pensions Trust.

  • News

    Call for Denmark’s SPSS to be scrapped

    2007-08-29T11:00:00Z

    [12:00 CEST 29-08] DENMARK - The Danish government’s decision to carry on suspending payments into the Special Pensions Savings Programme does not go far enough and the scheme should be scrapped completely, according to the Danish Insurance Association.

  • News

    Wednesday people roundup

    2007-08-29T13:30:00Z

    [14:30 CEST 29-08] GLOBAL – Fortis, Mercer, Northern Trust, EDHEC, The Pension Board, Corgwell, LaSalle, Riverstone, Threadneedle.

  • News

    AP1 and AP3 start year with strong equity returns

    2007-08-29T16:00:00Z

    [17:00 CEST 29-08] SWEDEN – Strong returns in listed stocks and private equity pushed up total assets at both AP1 and AP3 - two of the five Swedish ‘buffer funds’ - in the half year of 2007.