All articles by Carlo Svaluto Moreolo – Page 18
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FeaturesThe real problem with Italy’s budget
Italy’s budget is not the hallmark of modern economic policy. It is a toxic mixture of measures
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Interviews
On the Record: Manager Due Diligence
The suspension of a GAM fund manager has revived the discussion about due diligence. We asked three pension funds how they deal with it
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AnalysisAnalysis: European Commission rejects Italian budget plan
Italy’s government is intent on keeping its budget promises after the European Commission rejected its draft plan, writes Carlo Svaluto Moreolo
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NewsCancelling 2011 reform ‘could cost Italy €8bn’: reports
Last week’s budget confirmed Italian government’s plan to roll back the Fornero reforms
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Interviews
On the Record: Small Caps
We asked the senior managers of two European pension funds to describe how they invest in small-cap equities and what are the challenges and opportunities in this asset class
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FeaturesWaiting for the next downturn
The current global economic expansion continues more-or-less unabated but the potential causes of the next downturn seem clear
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InterviewsHow we run our money: Kåpan Pensioner
Marie Giertz, CIO of Kåpan Pensioner, the pension fund for Swedish government employees, tells Carlo Svaluto Moreolo about the fund’s strategy and ongoing projects
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News
Italian railways scheme launches search for private debt managers
Eurofer to invest €25m as Italian schemes’ appetite for alternatives grows
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Special Report10 years since Lehman: Is asset management the next threat to financial stability?
The evidence of systemic risk in the asset management sector is limited but is kept under close scrutiny
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Special ReportFiduciary management: All-clear for UK consultancies
Regulators have eased concerns over competition within the UK investment consultancy and fiduciary management sectors
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FeaturesA welcome regulatory effort
Further regulation to make investment funds and asset management activities rock-solid is essential
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Interviews
On the Record: Emerging Risks?
We asked chief investment officers of three of Sweden’s AP funds about how they view emerging market equities
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Features
Non-performing Loans: A market in full swing in Europe
A stockpile of nearly €780bn worth of non-performing loans weighs on the European economy
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Special Report
Italy: New government prioritises public pension overhaul
Planned reform of first-pillar pensions will overturn some key changes introduced after the onset of the euro-zone crisis
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News
Italy's social security chair warns on pension impact of border closure
Interior minister Salvini accuses Boeri of being political
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FeaturesAbsence of leaders
Italy’s new populist government has taken power thanks to an agenda that had pension reform among its priorities. However, the programme underpinning the coalition agreement does not contain a single word about supplementary pensions
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Country Report
Second Pillar: A sector comes of age
Without further measures to increase coverage, Italy’s growing second-pillar pensions will continue to represent only a relatively small share of the overall economy
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Country ReportItaly's public pensions: Unfinished business?
Italy’s new government plans changes to first-pillar pensions that could have a significant impact on the country’s economy
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Country ReportCarlo Cottarelli: “There’s no spending your way out of debt”
Carlo Cottarelli, Italy’s caretaker prime minister during the recent political crisis, explains why the new Italian government should avoid overspending on pensions and other key budget items
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Asset Class Reports
Liability Management: The end of LDI as we know it?
The DB pension industry is nearing peak LDI and a new understanding of liability management is taking hold
