All articles by Carolyn Bandel – Page 8

  • McCreevy looks into hedge funds
    News

    McCreevy looks into hedge funds

    2008-12-02T15:35:00Z

    [16:35 CET 02-12] EUROPE – Charlie McCreevy, the European Commissioner for internal market and services, has announced he will start a wide-ranging public consultation on the supervision and risks hedge funds.

  • LDI pioneer taps TKP for pension administration
    News

    LDI pioneer taps TKP for pension administration

    2008-11-28T16:05:00Z

    [17:05 CET 28-11] NETHERLANDS – The €430m pension fund of food retailer Super de Boer (SDB) has appointed Aegon subsidiary TKP Pensioen for its pension administration and communication.

  • Former PGGM man heads for Horeca
    News

    Former PGGM man heads for Horeca

    2008-11-28T15:25:00Z

    [16:25 CET 28-11] NETHERLANDS – Paul Braams, previously director at PGGM Advies, is taking over in January as director of the Dutch industry-wide pension fund for the hotel, restaurant, cafe and catering industry.

  • Underfunded Swiss funds soldier on
    News

    Underfunded Swiss funds soldier on

    2008-11-27T15:55:00Z

    [16:55 CET 27-11] SWITZERLAND – The €5.56bn Bernische Pensionskasse (BPK) will start talks on a possible restructure early next year, while the pension funds of Swiss railway company SBB have abandoned plans to sue the federal government.

  • Watson Wyatt recommends funds stop lending
    News

    Watson Wyatt recommends funds stop lending

    2008-11-27T15:20:00Z

    [16:20 CET 27-11] UK – The Lehman Brothers' collapse and the subsequent turbulence has shown the risk/reward trade-off around securities lending may no longer be worthwhile for pension funds, Watson Wyatt has warned.

  • Burbach to leave TNO pension fund
    News

    Burbach to leave TNO pension fund

    2008-11-27T10:55:00Z

    [11:55 CET 27-11] NETHERLANDS – Mark Burbach, head of asset management at the €2bn pension fund of the applied scientific research institute TNO, will leave the fund at the end of January to join Blue Sky Group.

  • Investor seeks corporate debt manager
    News

    Investor seeks corporate debt manager

    2008-11-26T16:10:00Z

    [17:10 CET 26-11] EUROPE – A continental European investment company is looking for a manager to manage a global developed markets corporate debt mandate worth $50m (€38.6m), using IPE Quest.

  • Subjective life expectancy could ease financial pressure
    News

    Subjective life expectancy could ease financial pressure

    2008-11-26T15:55:00Z

    [16:55 CET 26-11] NETHERLANDS – Subjective life expectancy is driving the choice by individuals as to when to retire, according to a new study released by the Dutch pension regulator DNB.

  • Track record 'meaningless' as half of bets go sour
    News

    Track record 'meaningless' as half of bets go sour

    2008-11-26T15:50:00Z

    [16:50 CET 26-11] GLOBAL – The concept of following a fund manager’s track record as a measure of performance is meaningless, as fund managers typically get only half of their decisions right, research suggests.

  • Wednesday people roundup
    News

    Wednesday people roundup

    2008-11-26T15:45:00Z

    [16:45 CET 26-11] GLOBAL – People roundup: APG/Cordares, Telos, Alternative Investment Strategies, Hermes, Mercer, Impax, Aon.

  • Push for pensioner board members on hold (amended)
    News

    Push for pensioner board members on hold (amended)

    2008-11-25T15:50:00Z

    [16:50 CET 25-11] NETHERLANDS – A small group of Dutch politicians have put on hold their proposed amendments to pensions law that would see pensioners become board members of their own industry-wide pension fund boards.

  • Dutch government firm on loans to pension funds
    News

    Dutch government firm on loans to pension funds

    2008-11-25T13:15:00Z

    [14:15 CET 25-11] NETHERLANDS – Piet Hein Donner, the Dutch minister of social affairs, has confirmed pension funds will not get any financial aid from the government, reconfirming earlier statements of his colleague Wouter Bos, minister of finance.

  • Donner warns on communicating reserves shortage
    News

    Donner warns on communicating reserves shortage

    2008-11-24T15:35:00Z

    [16:35 CET 24-11] NETHERLANDS – Piet Hein Donner, the Dutch minister of social affairs, has today reminded pension funds of their legal obligation to communicate to the Dutch pension regulator and central bank DNB when they hit a reserve shortage.

  • Credit crunch demands practical thinking – Jeurissen
    News

    Credit crunch demands practical thinking – Jeurissen

    2008-11-21T10:50:00Z

    [11:50 CET 21-11] NETHERLANDS – Pension funds need to respond with practical policy adjustments to the current credit crisis, according to Theo Jeurissen, chief investment officer of the €33bn Dutch metal pension fund PMT.

  • Outperforming active managers 'difficult to find'
    News

    Outperforming active managers 'difficult to find'

    2008-11-21T10:40:00Z

    [11:40 CET 21-11] EUROPE – Selecting active managers who outperform on a constant basis has proven difficult for pension funds, a panel of pension experts has argued at a seminar of the annual IPE Awards.

  • Skinner calls for more reliance on private pensions
    News

    Skinner calls for more reliance on private pensions

    2008-11-21T10:20:00Z

    [11:20 CET 21-11] EUROPE – Peter Skinner, European Parliament rapporteur for Solvency II, has suggested the public sector should begin to rely more on private pensions.

  • Infrastructure needs investment - Boender
    News

    Infrastructure needs investment - Boender

    2008-11-21T10:00:00Z

    [11:00 CET 21-11] NETHERLANDS – Guus Boender, and asset liability management professor and partner of ORTEC in Rotterdam, is calling on pension funds to look beyond 'financial titles and invest in logistical and social infrastructure of countries.

  • Fix regulatory 'downward spiral' – Van Nunen
    News

    Fix regulatory 'downward spiral' – Van Nunen

    2008-11-20T15:30:00Z

    [16:30 CET 20-11] EUROPE – Fiduciary management consultant Anton van Nunen has warned one of the most imminent problems pension funds no face is the downward spiral caused by regulation from which pension funds currently suffer.

  • ING IM snaps up Altis (amended)
    News

    ING IM snaps up Altis (amended)

    2008-11-20T14:30:00Z

    [15:30 CET 20-11] SWITZERLAND/ NETHERLANDS – Altis Investment Management, the Swiss-based multi-manager affiliated to Cardano, has been bought by ING Investment Management.

  • Nestlé scheme mulls 'Wiki-style' risk budgeting
    News

    Nestlé scheme mulls 'Wiki-style' risk budgeting

    2008-11-20T10:00:00Z

    [11:00 CET 20-11] SWITZERLAND – Swiss risk and asset management Fundo is working together with Vevey-based food firm Nestlé on an “open source-minded” financial risk management system, IPE has learnt.