All articles by Barbara Ottawa – Page 100

  • News

    Italian coalition too weak for pension reform – S&P

    2007-07-26T15:30:00Z

    [16:30 CEST 26-07] ITALY – Recent pension reforms agreed in Italy have failed to render the country's fiscal outlook more sustainable, Standard & Poor has found.

  • News

    Hermes CEO leaves for Nuveen

    2007-07-26T14:39:00Z

    [15:39 CEST 26-07] UK – Mark Anson is to step down as chief executive of Hermes Pensions Management at the end of August after just 18 months at the investment manager.

  • News

    IPE-QUEST: $50m currency alpha mandate

    2007-07-13T16:00:00Z

    [17:00 CEST 13-07] UK – A UK-based institutional investor is looking for a manager for a $50m (€36.3m) active global currency alpha mandate using IPE-Quest.

  • News

    Wiltshire appoints three managers

    2007-07-13T16:00:00Z

    [17:00 CEST 13-07] UK – The £1.1bn (€1.7bn) Wiltshire County Council Pension Fund has awarded three mandates for unconstrained equity, long-short equity and active currency.

  • News

    EP wants pan-European pensions product

    2007-07-13T16:00:00Z

    [17:00 CEST 13-07] EUROPE – The European Parliament has called on the European Commission to encourage the financial industry to create a portable pension product.

  • News

    Pension fund replaces brown envelope

    2007-07-13T10:00:00Z

    [11:00 CEST 13-07] EUROPE – New forms of bribe have emerged which now include payments into a pension fund, participants at an anti-corruption seminar learned this week.

  • News

    IPE-QUEST: $30m heading for SRI

    2007-07-12T16:00:00Z

    [17:00 CEST 12-07] SWITZERLAND – A Swiss pension fund is seeking to appoint a manager for a $30m SRI (€21.8m) mandate, using IPE-Quest.

  • News

    Pensions Board urges trustees to focus on risk

    2007-07-12T16:00:00Z

    [17:00 CEST 12-07] IRELAND – Trustees should be constantly reviewing the asset allocation in their pension funds' investment portfolios to mitigate risk, the Irish Pensions Board has suggested.

  • News

    Hermes chooses tracking partner

    2007-07-12T16:00:00Z

    [17:00 CEST 12-07] UK – Legal & General Investment Management will provide index tracking services to Hermes Pension Management, it was announced today.

  • News

    £3bn NI scheme appoints new custodian

    2007-07-12T12:09:00Z

    [13:09 CEST 12-07] UK – The £3bn (€4.5bn) Northern Ireland Local Government Officers' Superannuation Committee (NILGOSC) has appointed HSBC Securities Services as its new custodian.

  • News

    Italy reaches pension agreement

    2007-07-12T10:00:00Z

    [11:00 CEST 12-07] ITALY – The minimum pension will be increased from next year, the Italian government and the unions agreed.

  • News

    Hymans steps up quantitative approach

    2007-07-11T15:48:00Z

    [16:45 CEST 11-07] UK – The consultant Hymans Robertson will offer its clients a quantitatively-based manager research database to cope with the growing number of asset management products.

  • News

    UK funds may only need one set of actuarial assumptions

    2007-07-11T15:47:00Z

    [16:45 CEST 11-07] UK – Pension fund trustees will be required to devise an extra set of actuarial assumptions under new regulations on transfer values, but actuaries Hamish Wilson & Co believe funds might get away with only one.

  • News

    IPE-QUEST: CHF3bn currency overlay mandate

    2007-07-11T15:46:00Z

    [16:45 CEST 11-07] SWITZERLAND – A Swiss institutional investor is looking for one or more managers for a CHF3bn (€1.8bn) passive currency overlay mandate.

  • News

    Bank of England set to reduce pension costs

    2007-07-10T16:19:00Z

    [17:19 CEST 10-07] UK – The £2bn (€3bn) non-contributory defined benefit scheme for Bank of England employees faces changes as the bank sees pension expenses soar.

  • News

    IPE-QUEST: $125m US equity mandate

    2007-07-10T16:17:00Z

    [17:16 CEST 10-07] EUROPE – A European multi-manager is using IPE-Quest to appoint a manager for a $125m (€91.7m) all cap and large cap US and Canada equity mandate.

  • News

    CEIOPS to offer mediation in cross-border disputes

    2007-07-10T16:12:00Z

    [17:12 CEST 10-07] EUROPE – Supervisors in Europe will in future have the opportunity to take disputes over cross-border pension and insurance issues to the Committee of European Insurance and Occupational Pensions Supervisors (CEIOPS).

  • News

    PwC agrees payment in Tyco case

    2007-07-10T16:09:00Z

    [17:09 CEST 10-07] US – PricewaterhouseCoopers (PwC) is to pay $225m (€165m) in a class action settlement on allegations of accounting fraud at Tyco International.

  • News

    First PPF index reveals £100bn surplus

    2007-07-09T16:00:00Z

    [17:00 CEST 09-07] UK – Rising bond yields and equity markets have improved the funding levels of 7,800 defined benefit schemes, the Pension Protection Fund (PPF) said today.

  • News

    Polish pension assets break €35bn mark

    2007-07-09T16:00:00Z

    [17:00 CEST 09-07] POLAND – Assets in the mandatory second pillar increased by over 23% in value over the last half year climbing to over PLN130bn (€34.7bn).