All articles by Barbara Ottawa – Page 97

  • News

    Austrian funds defend performance

    2007-09-03T15:15:00Z

    [16:15 CEST 03-09] AUSTRIA – Pensionskassen should have put more money into equities last year in order to get better results, consulting firm Mercer has suggested.

  • 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

    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

    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

    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

    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

    'Perceived risk' makes EMEA interesting - Fidelity

    2007-08-23T15:00:00Z

    [16:00 CEST 23-08] GLOBAL – The Emerging Europe, Middle East and Africa (EMEA) investment region is set for a massive growth and currently 'perceived risk' still adds to the discount for stock purchases, Fidelity has suggested.

  • News

    AP2 starts year with strong returns

    2007-08-23T14:30:00Z

    [15:30 CEST 23-08] SWEDEN – Andra AP-Fonden (AP2) outperformed its benchmark by 70 basis points in the first half of this year.

  • News

    IASB clarifies IFRIC application

    2007-08-22T15:45:00Z

    [16:45 CEST 22-08] EUROPE – Market commentators have incorrectly assessed the effects of IFRIC 14 on pension schemes, the International Accounting Standard Board (IASB) said today.

  • News

    Strong covenant key to cheap buyout - consultants

    2007-08-22T15:45:00Z

    [16:45 CEST 22-08] UK – Banks like Citigroup or other entities with strong covenants are starting to offer cheap buyout solutions for pension schemes which will "keeps trustees happy", Watson Wyatt has pointed out.

  • News

    Norwegian petrol fund awards six mandates

    2007-08-21T16:00:00Z

    [17:00 CEST 21-08] NORWAY – Assets in the Norwegian Government Pension Fund – Global have almost reached the NOK2trn (€250bn) mark at end-June leading to the appointment of six new managers.

  • News

    EM pension funds mature earlier - DB

    2007-08-21T15:45:00Z

    [16:45 CEST 21-08] GLOBAL – Pension funds in emerging markets countries are growing rapidly but are restricted in growth compared with their counterparts in developed markets because they have smaller equity markets, Deutsche Bank has found.

  • 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.

  • 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

    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

    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

    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

    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

    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

    Financial advice growth poses problems for PPM

    2007-08-16T11:00:00Z

    [12:00 CEST 16-08] SWEDEN – An increasing use of financial advisers for fund selection in the Swedish premium pension plan could pose problems for the system as it generates potential bulk trading volumes.