All articles by Barbara Ottawa – Page 71

  • News

    Linz AG fund reviews value-at-risk approach

    2009-07-28T15:45:00Z

    [16:45 CEST 28-07] AUSTRIA – The €180m pension fund for the Austrian energy and telecommunication company Linz AG is hoping investment markets will stabilise soon so it can change its asset allocation approach.

  • News

    Swiss pensions shift to equities and property

    2009-07-27T12:30:00Z

    [13:30 CEST 27-07] SWITZERLAND – Swiss pensionskassen made a definite shift back into equities in the second quarter of this year alongside a record level of real estate investments, new figures suggest.

  • News

    Mutual funds to see surge in German institutional interest

    2009-07-24T14:00:00Z

    [15:00 CEST 24-07] GERMANY – Interest in mutual funds (publikumsfonds) is "high" and "set to grow" among German institutional investors, according to a poll of fund managers and investors.

  • News

    Thurgau puts faith in ALM study

    2009-07-22T14:15:00Z

    [15:15 CEST 22-07] SWITZERLAND – The pensionskasse for the northern Swiss canton of Thurgau (PKTG) has hired Swiss consultancy Complementa to conduct an ALM study, after returning -18.9% last year.

  • News

    CHF350m needed as special payment from Swiss employers

    2009-07-22T12:00:00Z

    [13:00 CEST 22-07] SWITZERLAND – Recovery measures planned by various Swiss pensionskassen will not have a significant effect on the country’s economy, according to a Swiss federal government report.

  • News

    Union finds corporate bond Spezialfonds in demand

    2009-07-21T15:15:00Z

    [16:15 CEST 21-07] GERMANY – Frankfurt-based Union Investment saw net inflows of €3.8bn in the first half of 2009.

  • News

    Liechtenstein Sozialfonds to enhance risk taking

    2009-07-21T13:20:00Z

    [14:20 CEST 21-07] LIECHTENSTEIN – The largest pensionskasse in the small principality of Liechtenstein, the ‘Sozialfonds’, says it is strong enough to take on longevity and other demographic risks itself.

  • News

    Slovak funds down amid 'dramatic changes'

    2009-07-17T14:15:00Z

    SLOVAKIA – The six funds in the Slovak mandatory second pillar posted negative returns for the second quarter of this year, halving the six-months’ performance just as a new bill introduced structural changes.

  • News

    ABV gains assurances on 'first pillar' pensions status

    2009-07-15T15:50:00Z

    [16:50 CEST 15-07] GERMANY – Politicians from the government coalition partner CDU have told the ABV, an association of pension funds for self-employed people such as doctors, lawyers or notaries, that the funds they represent will not be incorporated into the first pillar pension system.

  • News

    Swiss pensionskassen return 3.3% in H1

    2009-07-14T14:45:00Z

    [15:45 CEST 14-09] SWITZERLAND – The last three months have proven to be very positive for the 100 Swiss Pensionskassen included in Credit Suisse's index.

  • News

    Austrian pensionskassen back on positive ground

    2009-07-13T15:35:00Z

    [16:35 CEST 13-07] AUSTRIA – The second quarter brought a major shift into positive territory for Austrian pensionskassen with a return of 3.74%.

  • News

    Partners Group sees CHF1.4bn inflows

    2009-07-10T16:45:00Z

    [17:10 CEST 10-07] SWITZERLAND – The alternative asset manager Partners Group has reported a growth in assets under management to CHF24.9bn (€16.5bn) to June 30.

  • Swiss canton fund raises contributions
    News

    Swiss canton fund raises contributions

    2009-07-09T16:10:00Z

    [17:10 CEST 09-07] SWITZERLAND – The CHF1.5bn (€1bn) Schaffhausen Pensionskasse is battling a 10.5 percentage point drop in its funding level.

  • 'Buy and hold' pension strategies is over, claims banker
    News

    'Buy and hold' pension strategies is over, claims banker

    2009-07-08T16:10:00Z

    [17:10 CEST 08-07] AUSTRIA – New strategies and reforms are needed in the Austrian pensionskassen system, according to banking officials, yet politicians have claimed the first pillar is good enough even when young Austrians disagree.

  • Romanian funds return 7% amid consolidation
    News

    Romanian funds return 7% amid consolidation

    2009-07-07T13:00:00Z

    ROMANIA – Funds in the Romanian mandatory second pillar reported an average return of 6.97% for the first half of 2009, and there are further consolidations in the pipeline.

  • Swiss gov’t looks abroad for supervision
    News

    Swiss gov’t looks abroad for supervision

    2009-07-06T14:45:00Z

    [15:45 CEST 06-07] SWITZERLAND – The Swiss government is searching for researchers to conduct a comparative study of pension supervision and to check the applicability of Solvency II as part of a project to collect ideas for pensions reform.

  • News

    Cologne fund searches for Master-KAG

    2009-06-29T16:00:00Z

    [17:00 CEST 29-06] GERMANY – The €530m city of Cologne pension fund is looking for an asset manager to take on the role of a Master-KAG, In a bid to "optimise" the fund's asset and risk management.

  • News

    Germany’s largest pensionskasse returns 4.5%

    2009-06-29T15:35:00Z

    [16:35 CEST 29-06] GERMANY – The €20.1bn BVV Pensionskasse for banks will grant its members 4.5% interest for 2008 as it achieved a positive portfolio return last year.

  • News

    Ascoop’s new fund for employers set on full-funding by 2020

    2009-06-26T15:30:00Z

    [16:30 CEST 26-06] SWITZERLAND – The multi-employer Pensionskasse for the Swiss public transport and tourism industry is setting up a new fund for those companies, which can afford to commit to reaching full-funding by 2020.

  • News

    German pensionskasse delivered 4.8% in 2008

    2009-06-25T13:30:00Z

    [14:30 CEST 25-06] GERMANY – VVaG, the German pensionskasse for various cooperatives, managed to grant its members 4.8% interest for 2008 and generate a positive return as the pension fund held no exposure to equities.